Chicago-based hedge fund Citadel and Citadel Securities, which provides trading services to asset managers, banks, broker-dealers and hedge funds, will open a new office in Singapore, Citadel said on Monday.
The two businesses, which have 17 offices across North America, Europe and Asia-Pacific, are also continuing to grow their presence in Hong Kong, according to an emailed statement.
Citadel Securities is expanding its existing footprint in Shanghai and Sydney, the statement added, without mentioning how many new jobs will be created as a result of these steps.
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