ノミ屋
also: のみや
ノ
ミ
や
Meanings
1
Refers to an illegal or underground bookmaker, especially for horse racing or other gambling. The term comes from the image of a small-time operator (ノミ = flea).
He ran an illegal bookmaking operation for horse racing.
2
bucket shop; trader performing bucketing
In stock market context, a broker who takes the opposite side of a customer's trade instead of executing it on the market, or the shop itself. Related to ノミ行為.
See also: ノミ行為 (ノミこうい)
That securities firm was exposed as a bucket shop.