KM Financial Solutions | UPDATE 2-Nordic power trader defaults, costs Nasdaq members 114 million euros
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UPDATE 2-Nordic power trader defaults, costs Nasdaq members 114 million euros

UPDATE 2-Nordic power trader defaults, costs Nasdaq members 114 million euros

A Norwegian power trader has
defaulted, leaving commodities companies who are part of the
Nasdaq clearing house system to cover a 114 million euro ($133
million) hole in the exchange’s contingency fund.

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