ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

NOMURA HOLDINGS INC's Holding History (CIK: 0001163653)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013

Shares 7,845 Value ($000) $208 Avg Close $14.45 Range $13.66 - $15.39

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	7,845	$208	$14.45	$13.66 - $15.39