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As I understand it, he was such a big player that he didn't need a broker / basically was a broker himself.
by maaaats 8y ago
As I understand it, he was such a big player that he didn't need a broker / basically was a broker himself.
- runarb 8y agoYes, as I also understands it he was a direct member of the exchange. When this happened he owned 23 Twh of nordic and 11 TWh of german power derivatives contracts. That is 1/4 of Norway's consume in 1 year: https://www.hegnar.no/Nyheter/Energi/2018/09/Derfor-tapte-Einar-Aas-alt https://www.hegnar.no/Nyheter/Energi/2018/09/Derfor-tapte-Ei... He basically did become to big for the marked.