New report clears Einar Aas – collapse did not cause market commotion

Energy trader Einar Aas was not to blame for the sudden fluctuations on the energy exchange in the days leading up to and following his major collapse, concludes Nasdaq Oslo in its most recent surveillance report. The report also rules out any signs of insider trading and rule infringements.

Norwegian energy trader Einar Aas' attempt to sell out of his positions did not cause the market uncertainty in the days leading up to and following his spectacular collapse in September.

There are also no signs that other players have acted on the basis of insider information about the sudden decline, concludes Nasdaq Oslo in its new surveillance report, cited by Norwegian media Montel, and read by EnergyWatch.

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