TOKYO -- Mizuho Securities expects to post an extraordinary profit of 12.8 billion yen ($105 million) for the July-September quarter, thanks to a recent court victory over the owner of the Tokyo Stock Exchange.
The Mizuho Financial Group unit made the announcement Friday after the long-running case was finally resolved. The company had sued the TSE for failing to promptly cancel a huge, erroneously placed sell order nearly a decade ago.
