Nasdaq CEO, facing questioning, says Nordic loss under scrutiny

Adena Friedman, Nasdaq's CEO, is facing tough questions about the exchange's role in a huge loss on its Nordic energy market.

Source: Bloomberg | Photo: BLOOMBERG

The head of Nasdaq Inc., facing sharp questioning about the exchange’s role in a EUR 107 million (USD 125 million) loss on its Nordic power market, said steps are being taken to prevent a repeat.

“The members of course are extremely upset,” Adena Friedman, Nasdaq’s chief executive officer, said Wednesday at the annual Futures Industry Association conference in Chicago.

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