US hedge fund Citadel, securities unit to open new office in Singapore

US hedge fund Citadel, securities unit to open new office in Singapore

The central business district in Singapore. Photographer: Ore Huiying/Bloomberg

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.

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