Japan's Securities and Exchange Surveillance Commission said Wednesday it has recommended a 21.8 million yen ($150,965) penalty on Nomura's (NMR) brokerage unit for allegedly manipulating the government bond futures market.
The regulator said the investigation revealed that in March 2021, a Nomura trader manipulated 10-year Japanese Government Bond, or JGB, futures contracts through a technique known as "layering" on the Osaka Exchange.
The watchdog said the manipulation allowed Nomura to purchase and sell 462 units of JGB futures at favorable prices while placing a large number of layered orders at different price levels.
Nomura said Wednesday that it takes "this matter very seriously" and that it has "been working to revise our JGB futures trading operations since these transactions occurred."
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。