Breaking News

Glitch costly for Sachs

Goldman Sachs Group lost tens of millions of dollars after a computer glitch led to a flood of erroneous options trades last week, a source close to the matter said yesterday. An upgrade of Goldman’s internal system Aug. 20 affected options on stocks and some exchange-traded funds with symbols… …read more
Source: NY Post

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Posted by on August 27, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.