Nomura has expanded its equity derivatives sales staff in Hong Kong on the back of index strength and strong demand for its equity-linked structures. "We've added two people on the sales side and we plan to take on more," said Terrence Tan, head of Asia equity derivative sales in Hong Kong, declining to give names.
Nomura began rolling out its equity exotics business at the end of last year in London and at the beginning of this year in Asia. Tan said client demand necessitated the extra staffers.