Citadel Securities Expands Singapore and Sydney Offices 40%, 65%
Citadel Securities is enlarging its Singapore office space by 40% and Sydney by 65% as it adds Asia staff and prepares for near round-the-clock US stock trading. The market maker has added nearly 100 Asia-Pacific employees this year and now has around 400 in the region.
Citadel Securities expands Singapore and Sydney offices by 40% and 65% respectively, the market maker's Asia-Pacific head said on Thursday, November 12, 2026, as it adds staff to serve regional clients and prepares for round-the-clock trading in US equities.
Vikesh Kotecha, Citadel Securities' head of APAC, said the firm is providing liquidity in US equities to more clients in Asia. "As we provide liquidity in US equities to more clients in Asia and extend trading hours to cover overnight US time, we are also looking to further strengthen our regional client service capacity," he said.
The firm plans to add traders, technologists, researchers and other supporting staff across its Asia-Pacific offices next year.
Hiring and Hong Kong
Citadel Securities has added nearly 100 staff to its Asia-Pacific team so far this year. Nearly half are based in Hong Kong. The rest work in Singapore, Sydney, Gurugram and Tokyo.
That brings its regional workforce to around 400 people across six locations in Asia, out of a global staff of more than 1,800.
The latest expansion follows the firm's move to secure an additional half floor at Two IFC in Hong Kong's Central district. Its first and largest Asia office is there.
New products and China plans
The firm has widened its Asian product range this year. It launched US investment-grade credit, led by Redha Achour, and structured products, led by former Morgan Stanley executive Richard Smerin. Kotecha said both businesses will keep growing next year.
Citadel Securities is also in the process of applying to set up a China onshore securities brokerage firm.
Overnight US trading
The buildout comes ahead of a planned shift to nearly round-the-clock trading of US stocks. Citadel Securities expects that to lift activity during Asian hours.
Pre- and post-market sessions account for up to 10% of total US trading volume, the firm says. Overnight sessions represent about 1%.
Nasdaq plans to extend trading to 23 hours on weekdays in December. Cboe also plans to launch 23/5 trading of US equities from December. CME rolled out 24/7 trading of crypto futures and options in late May.
Rivals are expanding in the same hubs. Quantitative trader IMC unveiled its new Two IFC office on Thursday as the hub for its Asia-Pacific systematic equities business, and it will hire quant researchers, engineers and traders. Jane Street more than doubled its Hong Kong office space this year from a year earlier, and Susquehanna plans to triple its office space in the city.
