Citadel Securities to nearly double India office space in Gurugram move
Hedgeweek, citing a Bloomberg report, says Citadel Securities is relocating to a larger office in Gurugram, India, nearly doubling its space to accommodate headcount growth. The report cites a Propstack property filing showing a lease of more than 12,800 square feet at 196 rupees per square foot per month, above the area's typical 130–150 rupees. The move is described as part of expanding trading and engineering operations as global high-frequency trading firms increase their presence in India.
Why “Unverified”
- Reported by Hedgeweek alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 48/100. How labels work
What the sources claim
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Citadel Securities is moving to a significantly larger office in India to expand its trading and engineering operations.
“Citadel Securities is relocating to a significantly larger office in India as it expands its trading and engineering operations”
Hedgeweek -
The firm will move from Two Horizon Center in Gurugram to a nearby Godrej Industries group building early next year.
“will move from its existing premises at Two Horizon Center in Gurugram to a nearby Godrej Industries group building early next year”
Hedgeweek -
The new lease nearly doubles the firm's office space to accommodate further headcount growth.
“nearly doubling its office space to accommodate further headcount growth”
Hedgeweek -
A Propstack property filing shows Citadel Securities leased more than 12,800 square feet at 196 rupees per square foot per month.
“has leased more than 12,800 square feet at a monthly rent of 196 rupees ($2.06) per square foot”
Hedgeweek -
The leased rent is substantially above the area's typical rate of 130–150 rupees.
“substantially above the area's typical rate of 130–150 rupees”
Hedgeweek -
India is attracting growing interest from global high-frequency trading firms and liquidity providers, intensifying competition for talent.
“India attracts growing interest from global high-frequency trading firms and liquidity providers, intensifying competition for quantitative researchers”
Hedgeweek
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-26 10:40 UTC. Labels are computed from the sources, not by the model.