FX Markets

Nomura Restructures Global FX Opening 24-Hour Desk In London

BANKS

LONDON--Nomura International went live last week with 24-hour FX trading in London following a global reorganization of operations, according to a bank spokesperson. In the new structure, the London-based FX team has been shifted out of the commercial bank, Nomura Bank International, and into the European investment banking subsidiary, Nomura International.

The division will operate under the name Nomura Global Foreign Exchange and complement Nomura's two other FX trading units in Tokyo and

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