Automated Execution

Nomura's Execution Experts work like a team of human traders to achieve true price and liquidity discovery. Explore our automated trading strategies below:

Strategies in Nomura's "Nexus" family pace order shares, allocating them among competing implementation and opportunity experts to best implement any common client benchmark instruction. Current Nexus strategies are:

VWAP, Sceptre, DynaPart, Participation, Arrival Price, MOC, PPO, Pairs

Strategies in Nomura's “REX“ (Rapid Execution) family implement short-term trading instructions, leveraging our microstructure research across our high performance market center connections, to best implement value-added order types. Current REX strategies are:

Drop-In, 2D

Our trading intelligence resides at multiple levels, from basket level aggregation, through single order trade distributions, down to short-term price improvement strategies.  Because our trading decisions are based on price and liquidity alerts rather than a pre-determined schedule, we can capture attractive trading opportunities more easily, while minimizing the trading footprint.

Aggregation Experts control the overall characteristics of a trade, such as sector balancing, residual risk and cash balancing.
 
Scheduling Experts optimize the distribution of a trade for the selected strategy, trading off benchmark risk and market opportunities.
 
Implementation Experts manage a portion of the original order, aiming for short-term price improvement and access to both displayed and hidden liquidity.
 
Destination Experts implement our intelligent order routing.

We continuously review each implementation agent for impact and post-execution performance.  Successful experts are rewarded with increased responsibility.  As new implementation techniques are deployed and enhanced, all higher-level trading strategies benefit from the improvements. 

 

Contact numbers:      Desk 1.212.667.1200

Toll-Free 1.800.529.2268

Fax 1.212.667.1717