Goldman losses on erroneous trades could hit $100M

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Goldman Sachs' (GS) losses from erroneous trades that disrupted options exchanges yesterday could amount to $100M if they weren't canceled, the FT reports, citing market participants.

The trades occurred on the NYSE Euronext, CBOE and Nasdaq, which are reviewing the transactions.

The NYSE expects to void most of the trades.