Global trading firm IMC achieves second Hong Kong expansion in 13 months, elevating city as Asia-Pacific operating hub
Invest Hong Kong (InvestHK) announced today (November 12) that leading global trading firm IMC Trading (IMC) has almost tripled its office space in Hong Kong to nearly 20 000 square feet at Two International Finance Centre (Two IFC). Coming just a year after its last major expansion, the move reinforces Hong Kong's position as one of IMC's two core operating hubs in Asia Pacific, alongside Sydney, and supports the firm's continued growth across the region.
IMC uses advanced technology and research to provide liquidity across global financial markets, enabling smoother trading for market participants. The new office will serve as the hub for IMC's Asia Pacific Systematic Equities business and support the recruitment of quantitative researchers, software engineers and traders across the firm's operations. As IMC continues to expand its regional footprint, the firm will double its local team to over 100 staff and leverage Hong Kong as a base for driving innovation in global trading.
While congratulating IMC on its expansion at the new office opening ceremony, the Secretary for Financial Services and the Treasury, Mr Christopher Hui, affirmed that Hong Kong will continue to promote the high-quality development of the financial market. He added, "Preparations are under way for a T+1 settlement cycle for the cash market, and we are advancing the use of wholesale central bank digital currency for after-hours derivatives trading.We will also support a richer range of indices, index-based ETFs (exchange-traded fund) and derivatives products. We look forward to seeing the expanded office become a platform for further innovation, while Hong Kong continues to serve as a preferred base for global trading firms."
The Director-General of Investment Promotion, Ms Alpha Lau, congratulated IMC on its continued expansion in Hong Kong. She said, "For a growing trading business where every nanosecond counts, Hong Kong’s international connectivity, robust legal system, and talent pool provide strong foundations for success. We are delighted to see IMC continue to expand its presence, demonstrating that the city provides the ideal environment for businesses to thrive at the intersection of frontier technology and global finance. InvestHK is committed to bringing in clients to enrich our trading ecosystem and to continuously strengthening Hong Kong’s position as a leading international financial centre."
The Managing Director of IMC's Hong Kong office, Mr Andrew Fong, said, "We've traded in Asia's markets for more than 20 years, and activity across the region keeps growing. We expect this trajectory to continue in the coming years and Hong Kong can fuel this momentum like no other market. IMC’s new office provides the capacity to scale our team strategically. Two IFC places us at the very centre of Hong Kong's financial community, bringing us even closer to the region's exceptional pool of quantitative, technical, and trading talent."
IMC is a research-driven trading firm where quantitative modelling, machine learning, and engineering shape how modern markets are traded. IMC’s core business is to provide liquidity in financial assets on trading venues, and to deliver optimal value and risk outcomes to investors. Since 1989, it has built proprietary systems and algorithms that operate across global markets using its own technology and capital. Today, IMC has more than 2 000 employees from over 70 nationalities across 10 offices in Europe, the United States and Asia Pacific, and quotes continuously on more than 120 trading venues worldwide. Machine learning and AI are used throughout its workflow and sit at the core of how it trades.
For more information about IMC, please visit www.imc.com.
Global trading firm IMC achieves second Hong Kong expansion in 13 months, elevating city as Asia-Pacific operating hub Source: HKSAR Government Press Releases
