Nomura May Exit Primary Dealership

05 Oct 2007

Nomura Securities International is reportedly eyeing an exit from the primary dealer business, according to industry sources.

--Cathy Cunningham

Nomura Securities International
is reportedly eyeing an exit from the primary dealer business, according to industry sources. Primary dealers are banks and securities brokerages that trade in mortgage-backed securities, agency bonds, Treasuries and corporates with the Federal Reserve System. Banks must meet strict standards to become part ...

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