Nomura FX — institutional liquidity provider
This record reflects careful observation of Nomura's disclosures and operational details.
Nomura Holdings, Inc. (FX via Nomura Securities Co., Ltd., Japan; Nomura International plc, UK; Nomura Securities International, Inc., US) · Tokyo, Japan
- evidence score
- 92/100
Licence, read literally
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| FCA (Nomura International plc) | 124422 | UK | T1 | open source |
| SEC/FINRA (BrokerCheck, Nomura Securities International, Inc.) | 8-15255 | US | T1 | open source |
| JFSA (Japan Financial Services Agency) | not verified | Japan | T1 | open source |
| SEC (EDGAR, Nomura Holdings, Inc.) | 0001163653 | US | T1 | 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 — never misread it as tier-1 protection.
Residuals a counterparty carries
2
- R01
Unpublished JFSA registration number
The JFSA registration number for Nomura is not published via accessible register paths.
Source: firm disclosures page
- R02
No venue list published
Nomura has not published a venue list on its own FX pages.
Source: firm disclosures page
The claims ledger
Claims specific enough to be falsified — and the ones that remain the venue's own measurement.
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 we cannot verify from outside
- FX market-share / volume rankings (self-measured)
- Liquidity quality claims in disclosures (self-measured)
Perimeter and coverage
- Asset classes
- FX spot, FX forwards, FX swaps, NDFs, FX options
- Venues
- Connectivity
- FIX, REST/API, FX algorithms / internalisation engines / smart order routers (per Nomura's own disclosure), nomuranow client portal
- Clients accepted
- Banks, Institutional investors, Asset managers, Hedge funds, Corporates
- Explicitly refused
- Retail clients
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as disclosure, not as a defect.