Citadel Securities to Hire Operations Head, Traders in India

Citadel Securities LLC plans to hire a head for its India operations and add more traders, according to people familiar with the matter, as the market-making giant expands its presence in one of the largest equity markets globally.

The US-based firm, part of Ken Griffin’s hedge fund and trading empire, is also looking to add at least six employees across functions, including trading, to bolster its 10-member team in the country, they said, asking not to be identified as the information is not public.

While Citadel Securities opened its India office two years back, the unit already contributes more than ...