Key Takeaways
- • Qube Research and Technologies appointed Omar Haq as its Asia-Pacific Chief Technology Officer, based in Hong Kong, following his four-year tenure as APAC engineering lead at Citadel.
- • Hong Kong represents Qube's third-largest office behind London and Paris, with 45 open positions (28 in technology roles), reflecting aggressive regional expansion in 2025.
- • Qube hired 437 employees in 2024, with more than half in IT roles, demonstrating sustained investment in technology infrastructure across the organization.
- • All four of Qube's primary funds delivered returns exceeding 24% in 2024, with its $400 million Moebius fund gaining 50%, underscoring strong investment performance amid active headcount expansion.
- • Haq's background spans engineering leadership at Citadel (4 years), VP of technology at WorldQuant (Millennium spinout), and director of engineering at Walmart-owned e-commerce platform Jet, indicating deep expertise in both fintech and large-scale technology operations.
Summary
Qube Research and Technologies continues to expand its senior technology leadership in Asia-Pacific, hiring Omar Haq as Chief Technology Officer for the region. Haq, who most recently spent four years at hedge fund Citadel as an APAC engineering lead, is based in Hong Kong—Qube's third-largest office globally and among its fastest-growing hubs. The hire reflects Qube's strategic prioritization of the Asia-Pacific region and reinforces its positioning as a technology-forward investment firm.
Qube's Hong Kong operations are scaling rapidly. The office maintains 45 Securities and Futures Commission-licensed representatives and currently has 45 open roles, with 28 of those positions focused on technology. This substantial recruitment pipeline underscores the fund's commitment to bolstering engineering and technical capabilities in the region. Hong Kong ranks behind only London and Paris in terms of office size but is characterized as one of the fastest-expanding locations in Qube's global footprint.
Haq brings extensive experience in technology leadership across fintech and e-commerce sectors. Beyond his recent role at Citadel, he previously served as director of engineering at Jet, a Walmart-owned e-commerce platform, and as VP of technology at WorldQuant, a quantitative investment firm spun out from Millennium Management. This combination of experience in both hedge fund infrastructure and consumer technology operations positions him to drive technical strategy in Qube's rapidly expanding APAC division.
Qube's aggressive hiring trajectory reflects strong operational momentum. The firm hired 437 employees in 2024, with more than half allocated to IT and technology functions. This investment in technical talent coincides with exceptional investment performance: Bloomberg reports that all four of Qube's primary funds delivered returns exceeding 24% in 2024, with its flagship $400 million Moebius fund gaining 50%. Erik Taro Hornmark, a former managing director of Credit Suisse Securities, leads Qube's APAC operations as regional CEO, providing senior institutional experience to the expansion effort.
Qube's Hong Kong operations are scaling rapidly. The office maintains 45 Securities and Futures Commission-licensed representatives and currently has 45 open roles, with 28 of those positions focused on technology. This substantial recruitment pipeline underscores the fund's commitment to bolstering engineering and technical capabilities in the region. Hong Kong ranks behind only London and Paris in terms of office size but is characterized as one of the fastest-expanding locations in Qube's global footprint.
Haq brings extensive experience in technology leadership across fintech and e-commerce sectors. Beyond his recent role at Citadel, he previously served as director of engineering at Jet, a Walmart-owned e-commerce platform, and as VP of technology at WorldQuant, a quantitative investment firm spun out from Millennium Management. This combination of experience in both hedge fund infrastructure and consumer technology operations positions him to drive technical strategy in Qube's rapidly expanding APAC division.
Qube's aggressive hiring trajectory reflects strong operational momentum. The firm hired 437 employees in 2024, with more than half allocated to IT and technology functions. This investment in technical talent coincides with exceptional investment performance: Bloomberg reports that all four of Qube's primary funds delivered returns exceeding 24% in 2024, with its flagship $400 million Moebius fund gaining 50%. Erik Taro Hornmark, a former managing director of Credit Suisse Securities, leads Qube's APAC operations as regional CEO, providing senior institutional experience to the expansion effort.
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