Nomura admitted to ASX
Asia global investment bank Nomura has been admitted to the Australian Securities Exchange (ASX) as a market participant.
Nomura’s Asia Pacific head of equities, Sigurbjorn Thorkelsson, said this latest development is evidence of the bank’s strong commitment to invest and grow its business in Australia.
“Australia is a key market for Nomura and we will continue to make strategic moves such as these to expand our coverage and strengthen our offering to clients in Australia,” he said.
Nomura stated that the Australian Securities Exchange licence complements the growth of its Asia-Pacific equity platform, further strengthening its cash equities business.
The bank is ranked number one on the Tokyo Stock Exchange in terms of value of shares traded, and is also number one on the London Stock Exchange in terms of volume and value of shares traded monthly since June 2009.
AUTHOR
Caroline Munro
Recommended for you
Sequoia Financial Group has announced it is selling off its Informed Investor subsidiary which it acquired in April 2022.
Wealth Data has examined which advice business model has seen the most growth since the start of the year including those that offer holistic advice.
Research conducted by Elixir Consulting and Lonsec has quantified the efficiency gains of using managed accounts in financial advice practices in hours per week saved.
With only one-quarter of advice practices actively seeking feedback from clients, the Financial Advice Association Australia has emphasised why this is a critical tool for client retention.
