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  • March 2007 (Revised March 2008)
  • Case
  • HBS Case Collection

The Nikkei 225 Reconstitution

By: Robin Greenwood
  • Format:Print
  • | Pages:18
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Abstract

Taka Haneda, a proprietary trader at the Tokyo office of Goldman Sachs, has just learned that the Nikkei 225 will undergo a significant redefinition over the coming week. He faces several billion dollars of customer orders, as well as the opportunity to commit the firm's capital to provide liquidity for the event. He must decide what positions to establish, and at what price he is willing to get out.

Keywords

Financial Liquidity; Stocks; Investment Return; Price; Market Transactions; Financial Services Industry; Tokyo

Citation

Greenwood, Robin. "The Nikkei 225 Reconstitution." Harvard Business School Case 207-109, March 2007. (Revised March 2008.)

About The Author

Robin Greenwood

Finance
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