X•Match™, a peer-to-peer matching platform for institutional FX swap liquidity, is pleased to announce that Nomura has joined its growing network of banks offering credit-as-a-service to buy-side clients.
FX HedgePool’s peer-to-peer swaps platform, X•Match, provides institutional buy-side firms with a fully transparent and reliable source of FX swaps liquidity, free from market impact, information leakage, and unpredictable spreads. This is achieved through FX HedgePool’s innovative method of separating liquidity from credit, which allows buy-side firms to provide liquidity to each other while utilizing their existing sell-side credit relationships for trade booking and settlement.
"Nomura’s inclusion in the credit provider panel further expands our footprint in the APAC market and invites a broader range of offsetting members into the X•Match community," said Jay Moore, co-founder and CEO of FX HedgePool. "Banks are essential in making X•Match possible, and Nomura's extensive client network will enable new participants to enjoy the unique benefits of the world’s leading peer-to-peer matching solution."
X•Match enables banks to systematically monetize otherwise idle credit lines without market risk, strengthening client relationships while creating a new reliable revenue source.
"Given Nomura’s geographical strengths, we are well-placed to provide credit-as-a-service by connecting and facilitating flow from clients East and West. Nomura will also help contribute to the diversification of potential counterparty credit risk faced by our clients, and we hope these factors allow us to become a natural facilitator of business over the FX HedgePool Platform." said Ben Robson, EMEA Head of EFXDistribution at Nomura.
About Nomura
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, InvestmentManagement, and Wholesale (Global Markets and Investment Banking). Founded in1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
About FX HedgePool
FX HedgePool is a multi-award-winning fintech company offering innovative technology solutions to the institutional forex market. It began with its flagship swaps matching service, X•Match™, and has since unveiled its second category-defining service, X•Bridge™. This groundbreaking liquidity and workflow solution is built on the firm's proprietary credit model that separates liquidity from credit, transforming how buy-side firms access forex liquidity. Founded in 2019, FXHedgePool aims to modernize institutional FX with bold innovation and leading-edge technology, benefiting both the buy-side and sell-side by eliminating unnecessary friction.
