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Norwegian watchdog censures Nasdaq for failure to supervise power traders

Norwegian watchdog censures Nasdaq for failure to supervise power traders

The Norwegian markets regulator has censured Nasdaq’s commodities exchange in Oslo for supervisory failures after a trader blew a €114m hole in the stability fund that ensures the safety of derivatives trading last year. The business failed to adequately monitor its trading members or the traders’ positions limit the regulator had set, a report on…

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