Trading Firms Make Contrarian Bets on Downtown Chicago Offices

Sept. 27, 2023, 1:00 PM UTC

Chicago’s top trading firms are questioning their commitment to the city in the face of proposed taxes and rising crime. That’s not stopping some of them expanding their footprint.

Optiver, a market maker employing about 400 people in the city, has just moved into new offices at One Prudential Plaza in downtown Chicago. The space — a third bigger than its previous office — can house as many as 600 people, allowing the Dutch firm to grow and host 70 interns in the city every year.

“Chicago definitely has challenges,” said Rutger Brinkhuis, Optiver US’s chief executive officer. “But ...

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