Nomura continues momentum in Australia with admission to ASX as a participant
Sydney, January 20, 2010 – Nomura, Asia's global investment bank, today announced the continued expansion of its Australian business with the Australian Securities Exchange admitting Nomura as a market participant.
Nomura's Head of Equities, Asia-Pacific, Mr. Sigurbjorn Thorkelsson, commented on the expansion. "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."
"Nomura has had a long and respected history with Australia and gaining admission to ASX as a participant is evidence of Nomura's strong commitment to invest and grow its business in Australia," Thorkelsson said.
The ASX license complements the growth of Nomura's Asia-Pacific equity platform and continues to strengthen its cash equities business which has made tremendous progress, over the last 12 months. Nomura is now ranked number one on the Tokyo Stock Exchange (TSE) in terms of value of shares traded and has increased its share of TSE turnover from 6% in January 2009 to 10% in December 2009. Similar growth rates have occurred in all other major Asia Ex-Japan exchanges. Demonstrating the strength of our global equities franchise, Nomura has been ranked number one on the London Stock Exchange in terms of volume and value of shares traded monthly since June 2009.
Nomura is also currently number one in terms of Pan-Asia research coverage, with 1,128 stocks under its coverage across Asia-Pacific in combination with the Equity Research team in Japan.
As further evidence of Nomura's growing strength across all capital markets, Nomura was recently appointed to the domestic Dealer Panels for the treasury corporations of the New South Wales, Queensland and Victorian governments. Additionally, Nomura was appointed as a Primary Dealer for the central banks in the United States and India.
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