AFTAs 2013: Best Global Deployment—Instinet

Midway through last year, it become clear to Nomura Group executives that the moribund equities trading environment was not in the midst of cyclical downturn, but rather something more akin to a death spiral. This meant that a significant part of Nomura’s business that had traditionally been considered a cash cow was no longer tenable, requiring it to reexamine its business model and focus more on profitable, differentiating areas.

This realization meant a realignment of Nomura Group’s equities