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KM Financial Solutions | Clearing members warn recovering money after Nasdaq deal could take a long time
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Clearing members warn recovering money after Nasdaq deal could take a long time

15 Nov Clearing members warn recovering money after Nasdaq deal could take a long time

Posted at 14:09h in News by
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It could take more than a year to
recover funds from a trader whose default forced members of the
Nasdaq Commodities exchange to plug a $130 million hole, two
market participants told Reuters, a day after the trader struck
a deal with creditors.

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