Goldman Sachs Erroneous Trades Hit U.S. Equity Options Marts

A flood of erroneous trades hit U.S. equity options markets at the start of tradings on Tuesday when Goldman Sachs Group sent orders accidentally because of a technical error. The options exchanges impacted included platforms run by CBOE Holdings, Nasdaq OMX Group and NYSE Euronext. The option marts reviewed the trades, sent in during the first quarter-hour of trading and affecting options on shares with listing symbols beginning with the letters H through L. Goldman said in a statement that the firm does not face material loss or risk from the issue.