Jane Street Set to Join Financial Firms Flocking to Abu Dhabi

Jane Street Group LLC has filed with regulators in Abu Dhabi to set up a local office, marking a significant win for the city that’s been pushing to become a global financial hub.

The firm will look to establish a presence in ADGM, Abu Dhabi’s financial free zone that’s drawn international banks, asset managers and hedge funds. That will make it one of the first major market makers to open up in the oil-rich capital of the United Arab Emirates.

Jane Street has expanded to make markets in areas including exchange-traded funds, stocks, currencies, derivatives and bonds, generating a record ...