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Jane Street, one of the most profitable trading firms on the planet, just doubled down on Singapore. The quantitative trading powerhouse has moved into a new office at IOI Central Boulevard Towers, expanding its capacity to accommodate around 250 staff, roughly double its previous footprint in the city-state. The Singapore play The new digs at IOI Central Boulevard Towers represent a meaningful step up. The building offers approximately 21,700 square feet per floor, with monthly rents estimated between S$300K and S$380K per floor. The firm is actively hiring in Singapore, with around 10 open tech and quantitative roles currently listed. Singapore’s corporate tax rate sits at 17%, which is competitive by global standards and significantly lower than what firms face in New York or London. The regulatory environment is built to attract exactly this kind of financial technology operation, with clear rules and a government that actively courts global trading firms. Hong Kong is next Singapore isn’t the only Asian city getting the Jane Street treatment. The firm has signed a significant lease for six floors in a new tower in Hong Kong’s Central district, with occupancy set to begin in 2028. Together, the Singapore and Hong Kong expansions paint a picture of a firm that sees Asia as a growth engine: Singapore as a stable, tax-efficient operational hub, and Hong Kong as a gateway to Greater China and the broader Asian capital markets. Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy. Source: https://cryptobriefing.com/jane-street-singapore-office-expansion/