UPDATE 2-Nordic power trader defaults, costs Nasdaq members 114 million euros
12 Sep UPDATE 2-Nordic power trader defaults, costs Nasdaq members 114 million euros
Posted at 15:30h
in
News
by KMFSLLP
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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