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Nomura Releases Algorithmic Trading Strategies for U.S. Markets
 

NEW YORK, Oct. 15 /PRNewswire/ -- Nomura announced today that Nomura Securities International, Inc. (NSI) a U.S. broker-dealer within Nomura has released a set of algorithmic trading strategies for external client use in U.S. equity markets as part of the global ModelEx((TM)) family of strategies.

The new strategies will complement Nomura's market-leading European and Asian algorithmic trading suites, which have an established track record of competitive execution performance. ModelEx((TM)) strategies are built upon Nomura's powerful trading analytics, and employ results from years of research in topics such as risk analysis, transaction cost modeling and alpha signals.

"We have been building out the Equity division in the Americas during 2009 by hiring teams of proven professionals that will add value to our clients on a global basis. The launch of the Algorithmic trading strategies represents another positive step for our firm," stated Ciaran O'Kelly, Managing Director and Head of Equities, Americas.

Initially, Nomura will offer the following eight core strategies: VWAP, TWAP, WithVolume, IS, Target Close, On Close, Target Open and On Open. Additional strategies are under development and testing. Clients can access the strategies through a growing list of third party order management systems.

For further information please contact:

    Name                     Company                             Telephone
    Ralph Piscitelli         Nomura Holding America Inc.         212-667-2430

Nomura

Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide reach. Nomura provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Based in Tokyo and with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide. Nomura's unique understanding of Asia enables the company to make a difference for clients through five business divisions: retail, global markets, investment banking, merchant banking, and asset management. NSI is a member of SIPC. For further information about Nomura, please visit www.nomura.com.

SOURCE Nomura