Financial Services Financial Services

Nasdaq Clearing appeals $36 million Swedish fine for energy trader default

By Jack Schickler
  • 16 Feb 2021 10:12
  • 16 Feb 2021 10:12
Nasdaq Clearing is appealing a fine of 300 million kronor ($36 million) imposed by financial regulators, following a 2018 default by a member of its Swedish clearinghouse.
In January, national watchdog Finansinspektionen said the incident, involving electricity trader Einar Aas, had revealed “serious deficiencies” in how Nasdaq vetted and monitored

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