Goldman issues mistaken options orders

Trades traced to software program could cost firm hundreds of millions

Goldman Sachs Group sent waves of erroneous orders into the stock-options market on Tuesday morning, the latest technical glitch to roil market prices and bedevil traders and regulators.

The orders, placed for options on stocks and exchange-traded funds with ticker symbols beginning with the letters I through K, drove some prices sharply lower. US options exchanges notified traders on Tuesday that officials were reviewing the trades and might cancel some.

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