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Squarepoint Capital expands its commodities trading team

The firm is adding experienced traders as it expands its commodities footprint across both derivatives and physical markets.

Reported · Written up by our desk · Hedge Funds

Squarepoint Capital is expanding its commodities trading operation, according to Hedgeweek, strengthening the team behind its activity in the sector.

The move includes hiring experienced traders from commodity merchants and investment firms, as the quantitative hedge fund builds out coverage across the commodities complex.

Hedgeweek notes that the expansion is tied to Squarepoint increasing its presence in both derivatives and physical markets.

The report also frames the effort as part of a broader push to deepen Squarepoint's commodities trading capabilities.

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