Printer Friendly

Nomura Securities Selects VhaYu's Real-Time and Historic Tick-Data Platform for New Trading Infrastructure in New York.

High-Tech Writers

NEW YORK--(BUSINESS WIRE)--May 10, 2004

VhaYu Technologies Corp. announced today that Nomura Securities, Inc. (NSI), the U.S. broker/dealer subsidiary for Nomura Holding America, Inc., part of The Nomura Group (NYSE: NMR; TSE: 8604), announced today that it selected VhaYu's real-time and historical tick-data platform for its state-of-the-art algorithmic trading infrastructure for a new trading desk in New York.

According to John Comerford, managing director, equity sales and trading, Nomura Securities, Inc., who has been part of the team planning the new set up during the past six months, "VhaYu's platform and advanced technology are an excellent match for our needs. Strategically, there are competitive advantages gained by building your own algorithmic trading environment. VhaYu's ability to handle rapidly rising and massive volumes of real-time and historical ticks and simultaneously analyze the data at an impressive speed made their solution an attractive platform for our real-time data users operating locally in the Americas, where Nomura has built a competitive advantage."

VhaYu's integrated platform will also provide Nomura with the ability to pre-process its quantitative analytical trading models more efficiently. "Developing new trading strategies in hours instead of weeks is another advantage we now gain by deploying the VhaYu engine," added Comerford.

"Globally, Nomura has enjoyed a sterling reputation as being one of the most sophisticated broker/dealers in the Americas. Understandably, we're delighted that they have recognized the edge that the VhaYu platform delivers," said Shanti Dev, president, VhaYu Technologies.

About Nomura

The Nomura Group, one of the largest global investment banking and securities firms, is represented in the Americas by Nomura Holding America Inc. (NHA), operating from seven strategically positioned offices in North and South America. Nomura Securities International, Inc. (NSI), NHA's broker/dealer, functions from five of these offices including NHA headquarters in New York. Nomura backs its presence with an excess of $730 million in equity capital and over 800 employees. For more information, visit http://www.nomura.com/usbusiness/.

About VhaYu

VhaYu Technologies Corp. is the leader in delivering real-time and historical tick-data capture, storage, analytics and execution engine solutions. Through its unique patent-pending technology, the VhaYu Engine gives financial firms trading equities, options and futures a significant competitive advantage. Partnered with Reuters, SunGard (FAME), TIBCO, InfoDyne, Integra SP, HyperFeed and Semotus, VhaYu's customer base includes broker/dealers, the leading online discount broker, hedge funds, market data providers and alternative trading systems. For more information, visit www.vhayu.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:May 10, 2004
Words:408
Previous Article:HP Partner Training Is Focus of Arrow Electronics' Enterprise Certification Conference, May 10-14 In Atlanta.
Next Article:Research and Markets: An Extensive Analysis of Future Perspectives in Cancer Immunotherapy.


Related Articles
VhaYu Targets Brokerages and Hedge Funds with Real-time Tick-Data Platform Solutions.
VhaYu to Deliver Faster, Enhanced, Real-time Analytics for Reuters Data.
Nomura Securities' John Comerford Joins VhaYu Technologies' Advisory Board.
VhaYu Announces VhaYu XLStream for High Speed Real-Time Streaming of Market Tick Data to Microsoft Excel 2003; Now Easier and Faster to Access...
Nomura International plc Selects VhaYu for Its Real-Time and Tick-Data Platform for New Algorithmic Trading Infrastructure in London.
Reuters and Vhayu Technologies Enter into a Worldwide Distribution and Support Agreement of Vhayu Products Integrated with Reuters Products and...
NEXA TECHNOLOGIES AND TSX DATALINK FORM PARTNERSHIP.
Nomura Steps up Asian Operations with New Appointments.
Survivors Stairway relocation adds fuel to preservation row.
Nomura Completes Instinet Acquisition, Announces New Board of Directors.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters