Ken Griffin’s $68 billion hedge fund firm Citadel is expanding commodities trading to Australia, hiring Shell Plc senior trader Keith Handbury, according to a person familiar with the matter.
Handbury is slated to start at Citadel next month in Brisbane as a portfolio manager trading electricity-related derivatives, said the person, who asked not to be identified discussing private information. He will be joined by an analyst in the same month, with plans to further grow the team. The company declined to comment in an emailed statement.