Company News Citadel Securities Opens Tokyo Office, Continuing Global Expansion

Citadel Securities Opens Tokyo Office, Continuing Global Expansion

August 31, 2022

Leading Capital Markets Firm to Offer U.S. Fixed-Income Products to Japanese Institutional Investors

MIAMI, August 31, 2022 – Citadel Securities, a leading global liquidity provider, today announced the opening of a new office in Tokyo and plans to launch its U.S. fixed-income offerings in Japan. Tokyo is the latest addition to the firm’s growing global footprint, which now includes 15 offices across North America, Europe, and Asia Pacific.

“Japan has a highly sophisticated, large and dynamic investor base, and we are excited to strengthen our presence in the country as we continue to expand in Asia Pacific and globally,” said Paul Hamill, Global Head of Fixed Income Distribution, Citadel Securities. “Japanese institutional investors have long played a critical role in the global fixed-income markets, and we look forward to providing them with our differentiated product offerings driven by innovations, technology, consistent and competitive pricing, best-in-class markets insights, and global macro thought leadership.”

Citadel Securities recently became a registered Type 1 Financial Instruments Business Operator, which allows the firm to offer liquidity in U.S. fixed-income products, including U.S. Treasuries and USD interest rate swaps, in the Japanese market. Operations are expected to commence under the supervision of Japan’s Financial Services Agency once membership in the Japan Securities Dealers Association has been granted.

The firm’s operations in Japan will be led by a highly experienced local team that includes Shinichiro Kato, Representative Director of the Japan entity, responsible for fixed-income distribution in Japan, and Chungwon Gee, responsible for Asia-hours fixed-income trading, among other sales and trading professionals with deep expertise in the Japanese fixed-income markets. In addition to its global platform and resources, Citadel Securities expects to access Japan’s world-class population of technical and trading talent as the firm continues to grow in the region.

Citadel Securities is one of the largest market makers in U.S. Treasuries and USD interest rate swaps globally, servicing many of the world’s largest financial institutions, including banks, asset managers, pension funds, hedge funds, central banks, and sovereign wealth funds, in more than 55 jurisdictions. The strength of the firm’s offering is powered by providing consistent and reliable liquidity in all market conditions and by delivering firm prices, fast quotes and competitive spreads along with full-service relationship management.

Citadel Securities has been operating in Asia since 2009 and launched its fixed-income offerings in Hong Kong in 2020. The firm’s global footprint includes six offices and more than 200 professionals in the Asia-Pacific region.

About Citadel Securities

Citadel Securities is a next-generation capital markets firm and a leading global market maker, providing institutional and retail investors with the liquidity they need to trade a broad array of equity and fixed-income products in any market condition. At Citadel Securities, the brightest minds in finance, science, and technology use powerful, advanced analytics to solve the market’s most critical challenges, turn big ideas into real-world outcomes, and accelerate their careers. For more information, visit CitadelSecurities.com.

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