Nomura Consents To NYSE Fine Over Reverse Repo Trades

Trading innovative emerging market products can be an expensive business, as Nomura Securities International has recently discovered to its cost.

The New York-based securities house - a subsidiary of Japanese financial giant Nomura Securities Company - has agreed to pay a $1 million fine and submit to other disciplinary action after a dispute with the New York Stock Exchange (NYSE) over Mexican government bond reverse repo trades.

Nomura hasn't admitted or denied guilt over the NYSE allegations

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here