Citadel Securities Expands Team in India After Jane Street Saga

Billionaire Ken Griffin’s Citadel Securities has hired an options trader in India this week and plans to add more staff to bolster its operations in the South Asian nation, according to people familiar with the matter.

The market-making giant has tapped Prajual Maheshwari to join Citadel Securities India Markets Pvt. in Gurugram from high-frequency trading firm Aakraya Research in Mumbai, one of the people said, asking not to be named discussing private information. The Miami-based company aims to recruit more traders and senior roles at its Indian operations, the people added.