Nasdaq Sees Multiple Promotions Across Nordic and Fixed Income Units

Nasdaq has unveiled a series of changes to its leadership team, including multiple promotions at its Nordic and Baltic Fixed Income and Post-Trade units, according for a company statement.

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Per the new shift, Nasdaq Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term’s acting Vice President Fredrik Ekström will be assuming a new tranche of responsibilities at Nasdaq Nordic Fixed Income and Nasdaq Clearing. He will be playing a more integral role in the fixed income space and will also be added as the Chairman of the Board of Directors for Nasdaq Clearing.

In his stead, Nasdaq Clearings’ Assistant Vice President and Chief Operating Officer (COO) Julia Haglind will be taking over Mr. Ekström’s existing position. In addition, Arminta Saladziene, Nasdaq Baltic’s Head and VP, will be overseeing Nasdaq Securities Services per a transition. The aforementioned changes will be tendered with immediate effect.

According to Mr. Ekström in a recent statement on the promotion: "A big part of our success has been the tremendous team we have on the ground, and I am certain that I will be able to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term my experience and knowledge from Nasdaq Clearing to further strengthen our Nordic Fixed Income business."