Jump Trading and Jane Street Expand Operations in Hong Kong
Jump Trading is expanding its office size in Hong Kong, joining proprietary trading firms like Jane Street and IMC Trading in betting on the Asian financial hub. Jane Street has expanded to six floors in Hong Kong, covering over 110,000 square feet, while IMC Trading is also growing its operations. Jump Trading is hiring to build a statistical arbitrage trading team focused on medium to low-frequency strategies, led by Zoey Zhao, formerly of Citadel Securities, aiming to attract talent with STEM backgrounds and experience in quantitative research and machine learning. In May, Jump Trading leased 99,305 square feet of office space in New York, reflecting its global expansion strategy.
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