Quant Finance Jobs in Singapore and Hong Kong
Singapore and Hong Kong host Asian trading hours for global firms, but differ enough in tax, visas and firm mix to require separate research.
Singapore and Hong Kong host the Asian trading hours for a wide range of global quantitative firms, and while the two cities compete for the same regional business, they differ enough in regulation, tax, and firm mix that a candidate should treat them as separate markets rather than interchangeable options. Optiver, Jane Street, and Hudson River Trading all run offices in the region, though not every firm operates in both cities.
Optiver, IMC Trading, DRW Trading, and Jump Trading all run Singapore trading offices, extending their options and futures market-making franchises into Asian exchange hours and covering listed derivatives across the region. Singapore's status as a stable, English-speaking financial hub with a large concentration of exchange-traded derivatives volume makes it the natural Asian base for firms whose core business is quoting continuous markets.
The interview process at these offices mirrors the arithmetic and probability testing used at the same firms' Chicago and Amsterdam desks, and a candidate who has prepared for one of those offices is generally well prepared for the Singapore process as well, since the underlying skill set the firms test for does not change by region.
Jane Street, Citadel Securities, Two Sigma, Tower Research Capital, and Man Group all maintain Hong Kong offices, and for the multi-strategy and systematic funds among them, Hong Kong tends to house more research and portfolio management headcount relative to pure market making, reflecting its role as a base for trading Asian equities and connecting into mainland Chinese markets through the Stock Connect programs.
Hudson River Trading and Virtu Financial both run smaller Hong Kong or Singapore operations focused on electronic market access and execution rather than a full proprietary trading book, and roles at these offices tend to sit closer to technology and infrastructure than pure trading, which is worth clarifying directly in an interview since the job title alone does not always make the distinction obvious.