Nomura Makes FX Algos Available On BidFX
Nomura, Asia’s global investment bank, has made its five FX algorithmic strategies available on the BidFX platform.
Clients can now access Nomura’s FX Algo Tsuwamono Series on BidFX. Each strategy offers a wide range of flexibility on executions suited to client requirements and trading preferences.
Ian Daniels, Nomura Head of eFX Distribution EMEA & Americas said: “Nomura’s FX algorithms provide substantial benefits to clients, with high levels of trading flexibility. We’re pleased that clients can now find our algorithms on BidFX.”
Roger Lee, BidFX Head of EMEA Sales commented: “BidFX has had a long standing relationship with Nomura and it’s exciting to see Nomura extending their integration with BidFX through the addition of their five FX algorithmic strategies. This reflects the tight relationship that our firms share on a global basis and will benefit our existing mutual institutional FX clients with whom we are both engaged.”
The algo trading software provider aims to grow outside the US and into new asset classes.
The US firm has launched a suite of liquidity seeking and execution algos in Europe.
The European algo suite mirrors the bank's US product but accommodates MiFID II.
Upcoming trend: rise of the independent quant.
Aim is to provide a 'one-stop shop' for options trading.