Goldman bond platform launch delayed by glitches - FT

Goldman bond platform launch delayed by glitches - FT

Goldman Sachs has pushed back the launch of an electronic corporate bond trading platform because of technical problems, according to the Financial Times.

The GSessions platform was slated to launch this month after a year in development as the bank moves into electronic fixed-income trading.

However, a series of "logistical issues" including "trade reporting problems" have forced Goldman to push back the launch, says the FT, citing a source.

The bank is proceeding cautiously in the wake of the Facebook IPO problems that recently hit Nasdaq OMX and Bats Global Markets' March disaster when it was forced to pulls its own IPO following a technical meltdown.

Glitches halt new Goldman trade platform - FT

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