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Jump Trading takes more office space in Hong Kong as trading grows
The firm is adding 11,000 square feet at One International Finance Centre and plans to hire for quantitative trading and artificial intelligence roles in Hong Kong.
Jump Trading is expanding its Hong Kong presence, as rising trading volumes and a stronger pipeline of equity capital markets activity create new opportunities for quantitative and proprietary trading firms, according to a report cited by Hedgeweek and attributed to Bloomberg.
The report says the Chicago-based firm is taking an additional 11,000 square feet of office space at One International Finance Centre, adding a new floor and increasing its footprint on its existing floor.
Jump is also looking to increase its headcount in Hong Kong, with recruitment plans spanning quantitative trading and artificial intelligence roles, the sources cited in the report said. A representative reportedly declined to comment.
The expansion aligns with a resurgence in Hong Kong equity market activity, including a robust IPO market that has drawn more participation from global trading firms. Hedgeweek notes related deals such as Jane Street Group taking six floors at the Central Yards development and Qube Research & Technologies signing a deal at Two International Finance Centre.