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.
For further information, please contact:
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.