Share

Goldman Sachs, suspended 4 technicians after default trading of options

Last Tuesday's accident could cost over 100 million – According to the first reconstructions, the institute had a problem with the software that manages the trading of options.

Goldman Sachs, suspended 4 technicians after default trading of options

Goldman Sachs has suspended four of its top technicians after Tuesday's embarrassing mistake in options trading. A misstep that could cost the Bank losses of up to one hundred million dollars.

According to the first reconstructions, the institute had a problem with the software that manages the trading of options. The episode occurred two days before the malfunction that hit a Nasdaq platform and which forced the technological list to remain blocked for three hours and 10 minutes.

comments