Goldman Sachs roils options markets with erroneous trades

Options exchanges, including NYSE Amex Options and CBOE Holdings, were shaken Tuesday when Goldman Sachs Group sent erroneous orders for options on certain stocks and exchange-traded funds. The exchanges said officials are looking into the trades and that some might be canceled. "The exchanges are working to resolve the issue," said a Goldman spokesman. "Neither the risk nor the potential loss is material to the financial condition of the firm."

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