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Maven shifts business focus to Dubai as it closes New York office, Nishant Kumar reports

Maven shifts business focus to Dubai as it closes New York office, Nishant Kumar reports
Maven closes New York office for Dubai growth

Maven is shutting down its New York office as the proprietary trading firm sees its greatest potential for business growth in Dubai, where it has recently opened an office.

Nishant Kumar shared this development in a recent post.

Kumar has previously reported on Millennium hiring Drew Gillanders, who previously led Citadel’s International Equities, to head a new equities group at the firm here. In another update, he noted the departure of a Millennium trader to join Balyasny after early discussions around a spinout here. These moves reflect ongoing personnel shifts at large trading firms.

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