The ASX license complements the growth of Nomura’s Asia-Pacific equity platform and continues to strengthen its cash equities business which has made progress over the last 12 months.

Sigurbjorn Thorkelsson, head of equities of Asia-Pacific at Nomura, said: “Australia is a key market for Nomura and we will continue to make strategic moves such as these to expand our coverage and strengthen our offering to clients in Australia.

“Nomura has had a long and respected history with Australia and gaining admission to ASX as a participant is evidence of Nomura’s strong commitment to invest and grow its business in Australia.”