Nomura to match Japanese equity with Omgeo’s help
Latest news
Nomura to match Japanese equity with Omgeo’s help 22 April 2013Tokyo Reporter: Georgina Lavers
Image: Shutterstock
Nomura Asset Management is now using Omgeo Central Trade Manager (CTM) for the central matching of its Japanese domestic equity trades.
Omgeo CTM can be used to centrally match equity, fixed income, exchange-traded derivative (futures and listed options) and contracts for difference trades.
Omgeo’s executive director for sales and solution delivery Nellie Dagdag said: “This is certainly a significant milestone in the Japan domestic equity market. We’ve been actively working with Japanese firms to bring increased efficiency and standardisation to Japan’s cross-border trade operations for over a decade."
"We look forward to continuing to work with our community to set new standards for operational efficiency across Japan’s domestic market.â€
Omgeo CTM is an automated solution for the central matching of cross-border and domestic trades, with links to the Japanese Íø±¬³Ô¹Ï Depository (JASDEC), as well as the Canadian Íø±¬³Ô¹Ï Depository (CSD), Korean Íø±¬³Ô¹Ï Depository (KSD) and Chilean Íø±¬³Ô¹Ï Depository (DCV).
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Íø±¬³Ô¹Ï Finance Times