Nomura has added buy-side trading tools provider TradingScreen to its list of vendor connections in Europe, as the Japanese bank rebuilds links to the electronic trading platform acquired from Lehman Brothers’ European operation last September.
Nomura relaunched the former Lehman platform on 12 January and has rebranded it ModelEx. The ModelEx suite of tools includes direct market access (DMA), smart DMA, algorithms and dark pool services across Europe.
“We took the top tier of software vendors that delivered the previous Lehman Brothers electronic trading suite and are in the process of establishing these connections for our new Nomura offering,” Andrew Bowley, head of electronic trading product management, Nomura, told theTRADEnews.com. “We are now connected to eight software vendors and hope to add more in the near future.” Nomura declined to name the other software vendors.
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