Nomura taps MarketPrizm for market access infrastructure services

Source: MarketPrizm

MarketPrizm, a leading provider of market data and trading infrastructure services, today announced it will provide Nomura with ultra low latency networking connectivity for its exchange and market data connectivity in Europe.

As part of this agreement, Nomura will use MarketPrizm's purpose built, dedicated multi-venue ultra-low latency infrastructure. MarketPrizm will provide a tailored service for Nomura which will upgrade Nomura's European trading infrastructure to provide increased performance and speed for Nomura's electronic clients across equities, futures and FX.

As part of the agreement MarketPrizm is committed to provide Nomura with the lowest latency exchange access and market data service available between exchange co-location venues, ensuring that Nomura continues to fulfil its commitment as the market leading broker for high capacity execution and market data infrastructure to its clients.

Tanuja Randery, Chief Executive Officer, MarketPrizm, said: "We are very pleased to have been selected by Nomura. We were able to put together a solution that lowers Nomura's costs and allows them to upgrade to the latest technology to suit their evolving business requirements."

Andrew Bowley, Managing Director, Co-Head of Electronic Trading, said: "The migration to the new, bespoke, infrastructure gives Nomura a material step forward in managing its trading access in an evolving European landscape. Our second generation network will benefit all of our clients through better, faster access to ten co-location venues over Nomura's DMA and algorithmic trading services." 

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