Nomura Ponders Korean Onshore Move

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Nomura Ponders Korean Onshore Move

Nomura Securities is considering establishing an onshore fixed income derivatives trading desk.

Nomura Securities is considering establishing an onshore fixed income derivatives trading desk. The move follows rival houses such as Merrill Lynch, Lehman Brothers and Morgan Stanley (DW, 10/22). Officials said Nomura is likely to apply for a license early next year if it decides to go ahead with the plan.

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