How a Lone Norwegian Trader Shook the World’s Financial System - News Summed Up

How a Lone Norwegian Trader Shook the World’s Financial System


On a breezy day in September, an ominous text message appeared on Fredrik Ekstrom’s phone: Go immediately to the war room. Until then, the war room had been used only for drills. Mr. Ekstrom knew the name. Mr. Aas worked from his seaside home in a remote Norwegian fishing village, trading futures contracts tied to the price of Scandinavian electricity. Known for taking huge risks, Mr. Aas had once been one of Norway’s richest people.


Source: New York Times May 03, 2019 07:41 UTC



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