Goldman Sachs Barred From Trading After Allegedly Breaching Rules

Goldman Sachs has been temporarily banned from trading on the NewEuroMTS platform for allegedly failing to fulfill market making obligations. The Wall Street firm breached its daily obligation to set buy and sell prices for bonds. Goldman is barred for

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Goldman Sachs has been temporarily banned from trading on the NewEuroMTS platform for allegedly failing to fulfill market-making obligations.

The Wall Street firm breached its daily obligation to set buy and sell prices for bonds.

Goldman is barred for two months; a relatively light punishment from MTS. Citigroup was fined $25 million for breaking MTS platform rules.

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