DMALINK Selects Nomura to Strengthen Asian eFX Pricing Service

DMALINK, a provider of institutional FX trading services, has added Nomura to its platform with the aim to provide customised Asian eFX pricing to its buy-side platform participants in New York and London, with Singapore being added in Q1 2022.

According to the official press release, the addition of Nomura to the DMALINK ecosystem enables select users to access suitable pricing pools during Asian hours sustainably. The company continues to heavily develop and apply deep analytics in view of improving execution to its clients.

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"Nomura is excited to be providing our liquidity to DMALINK. Our footprint in Asia aligns us well to DMALINK, which is primarily focused within the Emerging Markets. We look forward to contributing to DMALINK's Asian eFX business," commented Ian Daniels, Head of eFX Distribution, EMEA, Nomura.

"We are pleased in confirming that Nomura has joined the platform. The addition is driven by buy-side participant demand, achieving our core objective of providing data-driven regional institutional eFX services to existing and future collaborators," added Manu Choudhary, CEO at DMALINK.

As Fazzaco reported today, DMALINK has announced that it will add Traiana's NetLink trade aggregation service​ to its platforms. The addition of NetLink enables DMALINK clients to increase operational efficiency by aggregating trades, which provides credit efficiencies through netting.