Nomura offers protective safeguards with Flexis

Within the new structure, investors specify at the outset their choice of collateralising assets and a timeline for any liquidation. Less liquid assets will attract a longer time for the unraveling than those that are more liquid - the bank is not looking to making illiquid assets more liquid and vice versa. After an initial 10-day period that applies in all cases, the time period starts at days and can be months. "We insulate the assets within the compartment (each issue is launched from it