Nomura has selected Pico to build, host and manage its new FX and rates trading platform, enabling faster transaction times between its co-located in data centres based in NY4, LD4 and TY3.

“We’re very pleased to be working with Pico,” said Tom Palmer, Head of eTrading Strategy FX at Nomura. “With every upgrade we are able to make we can be confident that our clients will see more competitive pricing and faster execution times. In today’s disparate FX markets there are an increasingly large number of liquidity providers that the FX market can turn to and our investment in the infrastructure from Pico shows our continued commitment to the market.”

“Our experience in supporting operationally complex global FX platforms and financial markets specialist networks allows us to alleviate many of the challenges that come with managing a market presence,” said Roland Hamann, Managing Director at Pico.