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Nomura Welcomes David Leigh as New Co-Head of FX & Emerging Markets


Nomura has appointed David Leigh as the new Co-Head of FX & Emerging Markets, a role he will share with Nagaraj Pangal. Based in London, Leigh will work closely with Pangal to lead Nomuraā€™s global FX & Emerging Markets division.

Who is David Leigh

Before joining Nomura, David Leigh served as the EMEA Head of FX at Deutsche Bank. His leadership extended to Deutsche Bankā€™s Global FX Spot, Precious Metals, and Electronic Trading businesses, showcasing his breadth in FX and trading.

About the New Appointment

Nomura aims to strengthen client growth and diversification in FX & Emerging Markets, particularly amid rising market volatility. Leigh will report directly to Rig Karkhanis, Head of Global Markets, on a global scale. Additionally, he will report locally to Nat Tyce, Head of Global Markets, EMEA.

Effects on Users

This appointment will likely have these effects on users:

Strengthened Market Leadership

David Leigh has extensive experience from Deutsche Bank. Users can expect Nomura to bring stronger leadership in FX & Emerging Markets. His expertise in FX Spot and Electronic Trading suggests a well-informed and strategic approach to market challenges.

Enhanced Trading Opportunities

Leighā€™s background in handling global FX Spot and Precious Metals could lead to new trading opportunities and products at Nomura. This might benefit traders by increasing market depth and diversity in available instruments.

Increased Market Stability

With Leigh and Pangal jointly leading, Nomura aims to navigate market volatility more effectively. Traders could see increased stability in Nomura’s market responses. It will provide a more reliable trading environment.

Improved Client Services and Access

Leighā€™s leadership in electronic trading suggests that Nomura may enhance its trading platforms and client services. Investors could benefit from faster, more efficient access to markets and potentially improved trading technology.

Expanded Global Reach 

Nomuraā€™s focus on growth under Leighā€™s leadership indicates a likely expansion into more emerging markets. This could offer access to a wider array of markets and currencies. 

About Nomura

Nomura is a global financial services group headquartered in Tokyo, Japan. Tokushichi Nomura II founded it in 1925. It began as a bond-focused securities firm. Over the years, Nomura expanded its services to include investment banking, asset management, and retail brokerage. The company operates in over 30 countries. Nomura aims to enrich society through its expertise in capital markets.

Summing Up

With Leighā€™s experience and leadership, Nomura anticipates growth and stability in its FX & Emerging Markets division. His expertise in FX, Precious Metals, and electronic trading positions him well to drive Nomuraā€™s goals in an evolving market.

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