Nomura names new global head of electronic FX

Appointment joins following 11 years at Standard Chartered.

Mark McMillan has joined Nomura as global head of electronic foreign exchange.

In his new role, London-based McMillan will oversee all trading, sales, quant and strats within Nomura’s electronic business.
 

In an internal memo seen by The TRADE, David Leigh, head of global FX and emerging markets and Matthew Hampson, co-head of global markets digital office at Nomura, said highlighted that the hire marks an “exciting time” for the firm’s FX and emerging markets franchise. 

“We are seeing strong franchise growth […] with our strong existing team and continued focus on the build out of Nomura’s electronic FX platform, we are confident in the continued growth and success of our business,” said Leigh and Hampson. 

Read more: Nomura completes Macquarie acquisition in $1.8 billion deal 

McMillan joins the firm following an 11-year tenure at Standard Chartered, where he most recently served as a managing director, global head, markets product management and data analytics.  

He initially joined the firm as an executive director in eFX trading in 2014, and during his time at the firm, served in various roles spanning eFX, algorithmic trading quants, product management and data.  

Prior to this, he worked at HSBC for more than four years as an eFX quantitative analyst and trader, where he helped to found the firm’s eFX quant team.  

Previously in his career, he has also worked at Dresdner Kleinwort.  

McMillan’s new role follows significant developments for Nomura in recent months. In December 2025, the firm completed its acquisition of Macquarie’s US and European public asset management business for $1.8 billion.  

As part of the move, various employees of Macquarie joined Nomura, including Dylan Kluth, who was named head of equities trading for Asia Pacific at Nomura Asset Management.

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