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

New York, NY, 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.

Contacts:
Martin Rabkin for VhaYu
martinrabkinink
914-420-5739
Glitza Rojas
Nomura Securities International, Inc.
212-667-9276

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