TrexQuant Management, an investment firm which develops and implements computer-based equity trading strategies, will establish its headquarters at Malkin Properties' First Stamford Place, according to Jeffrey Newman, executive vice president of Malkin Properties, the marketing and management agent for the three-building, 810,000 s/f office campus.
The high-tech money management firm will occupy a 3,122 s/f facility on the third floor of 300 First Stamford Place for a term of five years.
"As a new company, we were looking for an address that would help distinguish our brand, as well as provide top-tier amenities and the convenience of immediately accessible transportation options," said Tyger Park, CEO of TrexQuant.