Nomura Holdings Inc. issued an apology after investors in a $300 million product betting on low volatility were all but wiped out during this week's stock market turmoil.
The country's biggest brokerage said Wednesday that it has received inquiries from individual investors after its decision to redeem the exchange-traded notes at a 96 percent discount.
"We sincerely apologize for causing significant difficulties to investors," its Nomura Europe Finance unit said in a statement a day earlier.