Nomura FX
Nomura FX offers global FX liquidity through algorithmic execution and internalisation engines.
Nomura Holdings, Inc. (FX via Nomura Securities Co., Ltd., Japan; Nomura International plc, UK; Nomura Securities International, Inc., US) · Tokyo, Japan · last re-checked 2026-09 · evidence score 92/100
Licence, read on the register
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| FCA (Nomura International plc) | 124422 | UK | tier-1 | open source ↗ |
| SEC/FINRA (BrokerCheck, Nomura Securities International, Inc.) | 8-15255 | US | tier-1 | open source ↗ |
| JFSA (Japan Financial Services Agency) | not verified | Japan | tier-1 | open source ↗ |
| SEC (EDGAR, Nomura Holdings, Inc.) | 0001163653 | US | tier-1 | open source ↗ |
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme. Rows without a tier are recorded without classification rather than guessed.
Where the published model fits
- Institutional investors seeking competitive FX pricing
- Hedge funds needing algorithmic execution
Watch for
- Self-measured market share claims
- Age and tier of licenses
Nomura FX, a Tier-1 bank founded in 1925, operates under multiple licenses in Japan, the UK, and the US. The firm serves a range of institutional clients but does not cater to retail clients. Its liquidity model relies on proprietary algorithms and internalisation engines, with self-measured market share claims.
Testable claims
- Nomura utilises internally developed tools — algorithms, internalisation engines and/or smart order routers routing to external liquidity sources — acting as principal to provide the most favorable bids and offers (nomuraholdings.com FX disclosure page)
- The Nomura Securities Co., Ltd. was established 25 December 1925 as a spin-off from the Securities Department of Osaka Nomura Bank (nomuraholdings.com history/milestones)
- Nomura provides top-tier electronic execution across asset classes with multiple trading centres worldwide (nomuranow.com electronic-trading portal)
Claims that remain the venue's own measurement
- FX market-share / volume rankings (self-measured)
- Liquidity quality claims in disclosures (self-measured)
