Source: Citadel, PRNewswire, MSN Money, Bloomberg
Shanghai, Aug. 25, 2020,
Citadel and Citadel Securities, a leading alternative investment firm and a leading global market maker, today announced the opening of their newest office in Singapore. This office, which will open later 2020, will help extend presence across Southeast Asia and provide access to an expanded local talent pool. Singapore is the latest expanding step of the firms’ growing global footprint, which includes 17 offices across North America, Europe, and Asia-Pacific.
The new office will be shared by both Citadel hedge fund business and the market-make related unit of Citadel Securities LLC, both will continue to grow their Hong Kong operations, and Citadel Securities is expanding in Shanghai and Sydney as it broadens trading activities.
“Asia-Pacific continues to be an important focus for both Citadel and Citadel Securities,” John Buckley, who rejoined Citadel in 2018 as a regional chief operating officer, said in the statement. “We are excited to further extend our presence in the region.”
Citadel and Citadel Securities each has a long history of operations in Asia-Pacific, with offices in Hong Kong, Shanghai, and Sydney. Citadel has operated in the region since 2005 and became the first participant in China’s qualified domestic limited partner (QDLP) program in 2014. Citadel Securities has operated in Asia-Pacific since 2009 and currently trades in major markets across the region, including mainland China, Hong Kong, Japan, South Korea, Australia, and Singapore.