BRIEF: Nomura gets trading license for its Frankfurt office

ISC Bank

Nomura said the German financial services regulator, BaFin has granted a securities trading license to its new Frankfurt-based entity: Nomura Financial Products Europe GmbH (NFPE).

The company said in a statement that “Nomura’s plans are well advanced and the license is a major step towards ensuring that all current client and counterparty relationships, and access to Nomura products and services, will continue without disruption after the UK leaves the EU.”