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.