Nomura takes home two categories in annual Digital FX awards

Nomura’s foreign exchange electronic trading platform, NomuraLive, has once again been recognised as a market leader, winning two top prizes in Profit & Loss’s 2012 Digital FX Awards. The magazine selected NomuraLive as the Best Traders’ Platform, for the second year running, and for offering Best Execution Functionality.

Nomura has maintained its positive momentum in the annual Euromoney FX survey by ranking 14th place in overall market share, up from 18th last year and 57th in the 2009 survey. Nomura FX continues to position itself as the number one Japanese FX house and has more than doubled its lead against its nearest Japanese competitor.

The Digital FX Awards are widely viewed as an accurate barometer of excellence in FX E-Trading, with the final decisions based on extensive interviews with the nominees and end-users.

For the Best Traders’ Platform award, Profit & Loss’ editorial team said it was "Fair reward for what has been a well-developed and well thought out platform", adding that NomuraLive "Delivers a great deal of information in a small space."

Explaining its decision for Best Execution Functionality, the magazine said the "Execution technology on NomuraLive has always been top notch…Getting the deal done is still the most important element in the trade cycle and in truth it is probably the section of the cycle that is least sophisticated. That is changing and Nomura is leading the charge to change it."