- Expansion
- 2027
Programme Latitude · Phase 2 of 7
2027: Asia-Pacific build-out
The second phase turns the Asia-Pacific hub into a full booking and execution centre. Singapore takes a trading desk of its own, the model-risk laboratory and four more people in regional data operations. Hong Kong adds capital-markets coverage, Tokyo adds a second specialty-materials analyst, and the Seoul desk becomes an office once the South Korean registration is granted.
The phase
Sydney belongs to the same phase, because the Australian quantitative research team sizes the book the Singapore desk executes. The phase raises the Asia-Pacific headcount from 22 to 33 and the Oceania headcount from 20 to 24. Two registrations take the group to 30 jurisdictions and one further Asian desk takes it to 38 locations.
Milestones
- Singapore trading desk live with seven people and its own execution limits by the middle of 2027.
- Model-risk laboratory of five validators operating in Singapore under the Model Risk Management policy.
- South Korean registration granted and the Seoul desk converted into an office of five people.
- Tokyo and Hong Kong each adding two people in coverage, funded from realised proceeds.
- Asia-Pacific client portfolio raised from US$61 million to US$85 million by the end of 2027.
Initiatives in this phase
- Singapore trading desk (Planned)
- Latitude Fellowship and internal transfer programme (In progress)
- Model risk laboratory (Planned)