Nomura says has Madoff-related exposure

TOKYO (Reuters) - Nomura Holdings, Japan's biggest brokerage, said on Monday it had a 27.5 billion yen (200 million pound) exposure related to Bernard Madoff, but added impact on the firm's capital was limited.

Madoff, a former chairman of the Nasdaq Stock Market, was arrested in New York on Thursday and charged with orchestrating a huge finance fraud through an investment-advisory arm of market-making firm Bernard L. Madoff Investment Securities.

Madoff's advisory business had $17.1 billion of assets under management but many investors may have had indirect exposure by investing through the hedge funds and other of the firm's clients. He has said losses were about $50 billion.

(Reporting by Sachi Izumi; Editing by Rodney Joyce)