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Monday 27 July, 2009

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Nomura Announces it has Become a U.S. Primary D...

Nomura Announces it has Become a U.S. Primary Dealer

PR Newswire


NEW YORK, July 27 /PRNewswire/ -- Nomura Securities International, Inc. (NSI), a U.S. broker-dealer within Nomura Group, announced today that it has been designated to join the ranks of Primary Dealers by the Federal Reserve Bank of New York.


Commenting on the announcement, NSI President and Chief Executive Officer Mr. Shigesuke Kashiwagi stated, “We are delighted NSI has been added as a Primary Dealer.”


"Nomura has been actively building out its global fixed income franchise as it transforms into a top global investment bank. Building on our dominant Japanese franchise, we have achieved tremendous business momentum in Europe and Asia Pacific. Obtaining a primary dealership in the US is consistent with our global strategy and a natural next step for us," said Mr. Tarun Jotwani, Head of Global Fixed Income, Nomura.


Primary Dealers serve as counterparties in open market operations, participate directly in Treasury auctions and provide analysis and market information to trading desks at the Federal Reserve Bank of New York.


NSI is a registered U.S. broker-dealer and a member of SIPC.


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Notes to editors:


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. For further information about Nomura, please visit www.nomura.com.



SOURCE Nomura Securities International, Inc.


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