No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 25, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Why Citadel Securities is hiring options trader in India post Jane Street saga

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 2 mins read
A A
Why Citadel Securities is hiring options trader in India post Jane Street saga
Share on FacebookShare on TwitterShare on LInkedIn


Billionaire Ken Griffin’s Citadel Securities has hired an options trader in India this week and plans to add more staff to bolster its operations in the South Asian nation, according to people familiar with the matter.

The market-making giant has tapped Prajual Maheshwari to join Citadel Securities India Markets Pvt. in Gurugram from high-frequency trading firm Aakraya Research in Mumbai, one of the people said, asking not to be named discussing private information. The Miami-based company aims to recruit more traders and senior roles at its Indian operations, the people added.

Citadel Securities declined to comment on its India hiring plans, while Maheshwari did not respond to an email request for comment.

Citadel Securities’ expansion in India comes at a time when high-frequency trading firms have been jolted by the crackdown on Jane Street Group, which was temporarily banned by the nation’s securities regulator last month on allegations of market manipulation that the firm has denied. That, plus severe curbs to halt an options frenzy that led to billions of dollars in losses for retail investors, raised concerns that global trading giants may hold back on their investments.

Still, a deepening stock and options market, booming share sales and billions of dollars in inflows from retail investors have made India a standout opportunity for traditional market makers such as Citadel Securities and its peers Optiver, IMC Trading and Jump Trading. The nation remains the world’s top destination for exchange-traded derivatives despite the Securities and Exchange Board of India’s clampdown.

Live Events

Citadel Securities opened its Gurugram office in 2022 and has more than a dozen employees there after hiring a chief operating officer and head of trading for the country earlier this year. The Indian unit deals both in cash equities and derivatives, with revenue climbing to 29 billion rupees ($333 million) in its first full year of operations.The market-maker is also expanding in Hong Kong. Earlier this year, people familiar with the matter said the firm was adding Mayank Narang to its Asia chief operating officer team, while Redha Achour joined in April to head regional credit trading.



Source link

Tags: CitadelhiringIndiaJaneOptionsPostSagasecuritiesStreetTrader
ShareTweetShare
Previous Post

China’s Industrial Robots Are Changing Manufacturing

Next Post

How to Write Copy That Sells (with monetizing tips)

Related Posts

edit post
Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With  Million To Rebuild The Physical World Through Artificial Intelligence

Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With $9 Million To Rebuild The Physical World Through Artificial Intelligence

by TheAdviserMagazine
October 25, 2025
0

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Scale AI alum...

edit post
China’s rare earth limits may have ‘gone too far this time’ as US trade talks start

China’s rare earth limits may have ‘gone too far this time’ as US trade talks start

by TheAdviserMagazine
October 25, 2025
0

Top U.S. and Chinese officials met in Malaysia on Saturday to lay the groundwork for a summit between Donald Trump...

edit post
China’s rare golden monkeys debut at European zoos, possible successor to ‘panda diplomacy’

China’s rare golden monkeys debut at European zoos, possible successor to ‘panda diplomacy’

by TheAdviserMagazine
October 25, 2025
0

With their distinctive shaggy orange manes, pale blue faces and dense fur covering their hands and feet, it's hard to...

edit post
Why Southwest stock is down while American Airlines is soaring

Why Southwest stock is down while American Airlines is soaring

by TheAdviserMagazine
October 25, 2025
0

At the end of the day on Friday, Southwest Airlines ended the week starting on Oct. 20 with its shares...

edit post
LendingClub, ABTC surge, Bitfarms, FHI slide: financials wrap

LendingClub, ABTC surge, Bitfarms, FHI slide: financials wrap

by TheAdviserMagazine
October 25, 2025
0

Oct. 25, 2025 10:10 AM ETIBN, FHI, SFBS, LC, ENVA, KNSL, BTC-USD, BITF, UPST, CRCL, ABTCBy: Max Gottlich, SA News...

edit post
Insiders Are Scooping Up Shares of a Miner, a Driller, and a Biotech

Insiders Are Scooping Up Shares of a Miner, a Driller, and a Biotech

by TheAdviserMagazine
October 25, 2025
0

Denys Yelmanov / iStock via Getty Images While insider buying is typically slower when markets are near all-time highs and...

Next Post
edit post
How to Write Copy That Sells (with monetizing tips)

How to Write Copy That Sells (with monetizing tips)

edit post
Pop Mart shares soar 11% as CEO announces new mini Labubu

Pop Mart shares soar 11% as CEO announces new mini Labubu

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Health Literacy Month: Making Care Understandable, Equitable, and Accessible

Health Literacy Month: Making Care Understandable, Equitable, and Accessible

0
edit post
Oral argument live blog for Wednesday, November 5

Oral argument live blog for Wednesday, November 5

0
edit post
Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With  Million To Rebuild The Physical World Through Artificial Intelligence

Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With $9 Million To Rebuild The Physical World Through Artificial Intelligence

0
edit post
Food Inflation: The Price Spikes of Beef, Coffee, Eggs, and Dairy

Food Inflation: The Price Spikes of Beef, Coffee, Eggs, and Dairy

0
edit post
8 Retirement Lessons From Legendary UCLA Coach John Wooden

8 Retirement Lessons From Legendary UCLA Coach John Wooden

0
edit post
Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details

Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details

0
edit post
Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With  Million To Rebuild The Physical World Through Artificial Intelligence

Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With $9 Million To Rebuild The Physical World Through Artificial Intelligence

October 25, 2025
edit post
Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details

Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details

October 25, 2025
edit post
China’s rare earth limits may have ‘gone too far this time’ as US trade talks start

China’s rare earth limits may have ‘gone too far this time’ as US trade talks start

October 25, 2025
edit post
China’s rare golden monkeys debut at European zoos, possible successor to ‘panda diplomacy’

China’s rare golden monkeys debut at European zoos, possible successor to ‘panda diplomacy’

October 25, 2025
edit post
Why Southwest stock is down while American Airlines is soaring

Why Southwest stock is down while American Airlines is soaring

October 25, 2025
edit post
White House Crypto Czar Backs Michael Selig as ‘Excellent Choice’ To Lead CFTC

White House Crypto Czar Backs Michael Selig as ‘Excellent Choice’ To Lead CFTC

October 25, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Scale AI Veteran Bilal Abu-Ghazaleh Launches 1001 With $9 Million To Rebuild The Physical World Through Artificial Intelligence
  • Polymarket Confirms Token Airdrop, But US Launch Is Priority — Details
  • China’s rare earth limits may have ‘gone too far this time’ as US trade talks start
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.