Nomura’s asset manager extends CLSSettlement to Japanese funds

First local asset manager to provide access in sign of success for buy-side adoption push

A street in Japan
Local community: Japanese buy side has made significant headway in accessing CLSSettlement since early 2018

Nomura Asset Management is gearing up to give 21 Japanese investment trust funds access to CLS’s foreign exchange settlement service – a sign that efforts to spur Japan’s buy-side community into adopting payment-versus-payment (PvP) are paying off.

The Bank of Japan and Japan’s Financial Services Agency have been working to galvanise local market participants to settle their FX transactions in CLSSettlement, a PvP service, to temper their currency risk exposure. 

“We are pleased to be the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: