{
  "id": 19115766,
  "title": "Citadel Securities plots Asia push with hiring, office expansion",
  "url": "https://urgent.news/2026/11/09/citadel-securities-plots-asia-push-with-hiring-office-expansion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T07:39:01.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/citadel-securities-plots-asia-push-hiring-office-expansion"
  },
  "original_language": "en",
  "account": "Citadel Securities is expanding its trading business in Asia by hiring more staff and increasing office space in Hong Kong. CEO Peng Zhao stated that the market maker aims to partner with local and global banks to trade more Asian products, as the demand for non-US products grows. The firm has added nearly 100 employees in Asia this year, with 50% based in Hong Kong, and others in Singapore, Sydney, and Tokyo. Zhao noted that the talent pool in Asia is shifting from technical to a mix of technical, sales, and trading expertise. Citadel Securities has been actively recruiting from banks and hedge funds to serve institutional investors in Asia. The company launched high-touch equity trading to handle large orders of US stocks for institutional investors. Zhao expects that if the firm introduces block-size trading for institutional investors in Asia, it would rely more on partnerships with local and global banks due to market size, structure, and client demand.",
  "summary": "Competition has been intensifying as peer Jane Street is growing its footprint in Hong Kong",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Hedgeweek",
        "title": "Citadel Securities expands Asia operations with 100 hires and Hong Kong office growth",
        "url": "https://urgent.news/2026/11/09/citadel-securities-expands-asia-operations-with-100-hires-and-hong",
        "published": "2026-11-09T09:31:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}