Charles River adds Nomura platform
Monday, 10 August 2009 11:55am
Charles River Development has added Nomura's AsiaModelEx platform onto its investment management system, Charles River IMS.
Nomura's Asia ModelEx platform is a suite of core and advanced algorithmic order execution strategies.
Charles River clients can now tap into Nomura's algorithmic strategies across Asia and globally.
Nomura joins more than 40 algorithmic providers offering over 500 algorithmic strategies via Charles River IMS.
"To address the APAC region's market fragmentation, asset managers and institutional investors continue to demand electronic trading tools and strategies," said Cameron Field, managing director Asia Pacific, Charles River.
"Charles River helps meet this demand by efficiently routing orders to the most liquid markets, providing integrated access to leading regional and global strategies, such as the ones offered by Nomura's ModelEx™ platform."
"Nomura's Asia ModelEx™ trading algorithms cover a number of key Asian markets, including: Japan, Hong Kong, Australia, India, Korea, Singapore and Taiwan. The algorithms take advantage of market microstructure, and provide investors with a comprehensive set of trading basic to customised strategies," said Sunny Chung, executive director, electronic trading services at Nomura.
Charles River serves over 315 clients worldwide, including 19 clients in Japan, and more than 100 client sites across 14 countries in Asia Pacific.
With 50 specialists serving the region, many of them bilingual Japanese/English and Mandarin/English speakers, Charles River maintains Asia Pacific headquarters in Melbourne, offices in Tokyo and Singapore and has a regional presence in Brisbane and Sydney.
Company release
