HOME > NATION > Article

Text Size

small

medium

large


Fine Sought for Nomura over Alleged JGB Futures Manipulation

Fine Sought for Nomura over Alleged JGB Futures Manipulation

   Tokyo, Sept. 25 (Jiji Press)--Japan's Securities and Exchange Surveillance Commission on Wednesday advised the Financial Services Agency to impose a fine of 21.76 million yen on Nomura Securities Co. for allegedly manipulating the Japanese government bond futures market.
   The brokerage giant is suspected of making profits by placing lots of orders without intending to actually trade, in violation of the financial instruments and exchange law.
   According to the SESC, a Nomura Securities trader allegedly manipulated prices for long-term JGB futures on the Osaka Exchange on March 9, 2021, by placing numerous sell and buy orders and canceling 98 pct of them after securing profits.

To read a full story, please click here to find out how to subscribe.

NATION

HEADLINES

POLITICS
Ishiba Vows to Fulfill Accountability for LDP Money Scandal in 1st Diet Speech
ECONOMY
Honda's N-Box Tops Japan April-Sept. New Auto Sales Rankings for 3rd Year in Row
SPORTS
2026 Winter Olympics Closing Ceremony Tickets Priced as High as 2,900 Euros
OTHER
Tokyo Assembly Passes Japan's 1st Ordinance Banning "Customer Harassment"

AFP-JIJI PRESS NEWS JOURNAL


Photos