Nomura Expands its Electronic Trading Platform with Rollout of Two New Products in Asia-Pacific

Hong Kong, October 27, 2009 – Nomura today announced the launch of two electronic trading products to further enhance its clients' equity trading needs: Nomura Cross (NX) and SmartDMA for the Japanese market.

NX Interactive Crossing Network

Nomura went live with Nomura Cross (NX) in Japan in the third quarter of 2009, for stocks that are tradable on the Tokyo Stock Exchange, Osaka Securities Exchange and Jasdaq Securities Exchange. NX is Nomura's global crossing network, aggregating liquidity across the firm, clients, and trading partners to provide users with superior execution quality. The NX platform facilitates crossing of institutional order flow including single stock work orders, program trading, electronic trading services and principal trading.

By crossing orders in NX, clients can benefit from both anonymity and price improvement. Orders placed in NX will not be displayed externally or internally, allowing participants to place orders without revealing information, thereby minimizing market impact. NX will provide clients with the opportunity for price improvement by accessing a central pool of liquidity formed by Nomura's agency and principle order flow and crossing orders within the bid-ask spread published on the primary exchange. The orders matched in NX will be reported through Japan's exchange-provided crossing systems: ToSTNeT, J-NET, and JASDAQ.

SmartDMA

SmartDMA is a new ModelEx strategy in Japan that sweeps NX and other off-exchange trading venues for available liquidity before routing orders to Japan's primary exchanges. SmartDMA optimizes execution quality by aggressively sweeping liquidity from dark venues and both sweeping and posting liquidity to lit venues. Advanced Smart Order Routing (SOR) logic, which is the core of the SmartDMA strategy, is a proven component of Nomura's execution technology which has been live and in use in Europe to enhance its clients' overall trading performance.

Rob Laible, Managing Director and head of Electronic Trading Services, Asia-Pacific, commented: "The launch of NX and SmartDMA represent critical steps forward for our Asia-Pacific equities platform and provide compelling reasons to transact with Nomura. We have tremendous order flow that will now be harnessed in one place, at a given point in time, resulting in cost savings from reduced spreads, better performance, and overall lower market impact costs for our clients."

Adding to this, Ross Whittaker, Product Manager for NX Asia Pacific, commented: "We are committed to product innovation and the delivery of solutions that enable our clients to achieve 'best execution.' The release of these products in Japan illustrates the focus that we are placing upon the ongoing expansion of our electronic trading suite throughout the region."

NX and SmartDMA in Japan complement a broad range of Nomura electronic trading products and analytical tools and services, including the ModelEx™ algorithmic trading suite into which the SmartDMA is built, the TradeSpex™ toolkit for portfolio and single stock analytics, and the Direct Market Access (DMA) products that provide intelligent order handling services and connect to major Asian markets, including Japan, Hong Kong, Singapore, Korea, Taiwan, Australia, and India. By combining its products with value-added execution advisory services, Nomura believes its clients will enjoy a truly broad spectrum of offerings in the electronic trading space.

Ends

For further information please contact:

Name	Company	Telephone
Matthew Russell	Nomura	(852)-2252-6014

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.

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