Goldman Sachs Faces Losses On Mistaken Trades

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HFA Staff
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A number of mistaken orders received by the New York Stock Exchange among others came from Goldman Sachs Group Inc. (NYSE:GS) according to the latest news from The Wall Street Journal. The mistaken orders, which were received between 9:30 and 9:47 EST were made because of errors in trading software. Goldman Sachs Group Inc. (NYSE:GS) notified regulators about the technical problem that caused the erroneous trades, and the investment bank released a statement that admitted the mistaken trades came from their business. Earlier today NYSE Euronext (NYSE:NYX) said that they were certain that the trades were not caused by a problem...

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