New York-based Jane Street Capital is understood to be a planning a big build-out in Hong Kong, having leased a large prime office space in the city. The quant-driven proprietary trading firm trades between 200 million and 400 million shares daily with a nominal value of $4-8 billion.
The Hong Kong outpost will add to Jane Street's operations in Tokyo, London, New York and Chicago, which employ a total of 190 staff. Established in 2000, the firm capitalises on arbitrage opportunities using its propriety trading platform.
A bulk of Jane Street's trading comprises stock and index options. The firm is