Citadel Securities plans Asia trading expansion with bank partnerships and more office space
Citadel Securities is planning further expansion of its Asia trading business, seeking partnerships with local and global banks, Chief Executive Officer Peng Zhao said. The market maker is increasing its Hong Kong office space by 40%, adding half a floor at Two International Finance Centre. It added nearly 100 employees in Asia this year, bringing regional headcount to about 400, with almost half of the new hires based in Hong Kong.