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Goldman Sachs says exchanges working to resolve options trading issue

A Goldman Sachs sign is seen over their kiosk on the floor of the New York Stock Exchange, April 26, 2010. REUTERS/Brendan McDermid
A Goldman Sachs sign is seen over their kiosk on the floor of the New York Stock Exchange, April 26, 2010. REUTERS/Brendan McDermid

NEW YORK (Reuters) - Goldman Sachs said on Tuesday the U.S. stock exchanges are working to resolve an issue in options trading, which resulted in a review of a number of potentially erroneous options trades at the start of trading.

Goldman also said in its statement that the firm does not face material loss or risk from the issue.

A Wall Street Journal report, citing sources, earlier said some erroneous trades appeared to have been sent by Goldman Sachs' equity options unit.

(Reporting by Caroline Valetkevitch)

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