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The Japan-based company has hired former Barclays trader Pradeep Swamy to start a new proprietary trading team in Hong Kong. Swamy, a former Hong Kong-based managing director in the equities division of Barclays Plc, joined Nomura last week to lead the new equity principal strategies group. Fred Lam, Swamy’s former colleague at money manager Cheyne Capital, has also joined the team.


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