Grasshopper
- Company typePrivate
- Founded2006
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
Grasshopper firmographics
Firmographics- Name
- Grasshopper
- Legal name
- Grasshopper Pte. Ltd.
- Website
- https://grasshopperasia.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where Grasshopper is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices3 records
Markets served
Grasshopper business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- Proprietary Trading: Generates revenue through proprietary trading activities across futures and equities markets in 7 markets across 5 countries. Trades over US$1 billion in average daily traded notional with approximately 50,000 trades executed daily. Revenue derived from market-making spreads and trading positions.
- Asset Management: Grasshopper Asset Management (GAM), regulated by MAS as a Registered Fund Management Company (RFMC), manages the Grasshopper Global Multi-Asset Income Plus Growth Fund targeting HNWI, UHNWI, family offices and institutional investors. Generates management fees and potentially performance fees.
- Market Making Services: Designated market-maker on SGX, Japan exchanges, and CME providing liquidity in exchange for market-making revenues and spreads
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Grasshopper product offering
Product offeringCore offering
Grasshopper is a proprietary quantitative trading and technology firm that builds and operates an ultra-low-latency trading platform to execute systematic strategies across global markets, primarily in Asia. The firm acts as a designated market-maker on SGX, Japan exchanges, and CME, providing liquidity in equity and derivatives markets. Through its MAS-regulated subsidiary Grasshopper Asset Management, the firm also offers asset management products, including the Grasshopper Global Multi-Asset Income Plus Growth Fund, to institutional and high-net-worth investors.
Product overview
Grasshopper operates as a technology-led quantitative trading firm built on a proprietary trading platform. The core offering is the Grasshopper Proprietary Trading Technology Platform, which delivers ultra-low-latency execution and institutional-grade engineering for systematic trading strategies. The firm also operates through its subsidiary Grasshopper Asset Management, a MAS-regulated fund management company, which launched the Grasshopper Global Multi-Asset Income Plus Growth Fund as its first retail-facing fund product. The company trades across 7 markets in 5 countries in futures and equities, executing approximately 50,000 trades daily with over US$1 billion in average daily traded notional.
Differentiator
Problem solved
Functional benefit
Brands
- Grasshopper Asset Management: MAS-regulated fund management subsidiary managing the Grasshopper Global Multi-Asset Income Plus Growth Fund
Products and services
- Grasshopper Proprietary Trading Technology Platform Proprietary ultra-low-latency trading platform with nanosecond-scale execution, direct exchange connectivity, and institutional-grade engineering for systematic quantitative trading strategies. Operates with over 10,000 compute nodes processing terabytes of market data daily across colocated venues, supporting the firm's proprietary trading and designated market-making activities across 7 markets in 5 countries.
- Grasshopper Asset Management (GAM) MAS-regulated asset management subsidiary providing fund management services to HNWI, UHNWI, family offices, and institutional investors. Wholly-owned subsidiary of Grasshopper Pte. Ltd.
- Grasshopper Global Multi-Asset Income Plus Growth Fund Singapore-VCC registered fund that blends traditional multi-asset strategy with up to 30% allocation to Grasshopper's low-latency proprietary trading strategies. Targets HNWI, UHNWI, family offices, and institutional investors with the aim of delivering low to mid-double-digit returns with low market correlation and a target Sharpe ratio of approximately 3.
Quantifiable outcome
- 200+ consecutive profitable trading months with no losing month in entire history
- +5 more outcomes
Companies that use Grasshopper
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Grasshopper technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature5 records
Grasshopper partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- Google Cloud Platform (GCP)coreGrasshopper leverages Google Cloud Platform (BigQuery and Cloud Dataflow) for real-time financial data processing. This integration enables the firm to handle trading data more flexibly, reliably and scalably, allowing the team to focus more on data science and less on infrastructure maintenance.
- Trusted Local Partners (Asia Markets)coreGrasshopper works collaboratively with trusted local partners in each market (Malaysia, Thailand, Japan, Singapore) to navigate the complexities of Asian markets and expand its multi-market footprint across the region.
- Singapore Exchange (SGX)coreGrasshopper is a designated market-maker on SGX, playing a key role in equity and derivatives market activity and trading volume. The firm began trading cash equities on SGX in May 2018 and continues as an important partner.
- CME GroupcoreGrasshopper is a designated market-maker on CME, contributing to the derivatives market ecosystem and providing liquidity in futures markets.
- Japan Exchanges (Osaka Exchange, Tokyo Stock Exchange)coreGrasshopper operates as a certified high-speed trading firm in Japan (FSA approved 2018) and is a designated market-maker contributing to the growth and efficiency of Japan's ETF and derivatives markets.
Scale indicators10 records
Recent moves12 records
Expansion highlights6 records
Grasshopper competitors and assessment
Company assessmentDirect peers
- Optiver: Dutch-headquartered global proprietary trading firm and designated market maker operating across options, equities, ETFs, bonds, and futures. Highly comparable to Grasshopper in low-latency market-making business model, technology-driven approach, and cross-asset exchange participation across Asia and globally.
- IMC Financial Markets: Global proprietary trading firm and market maker headquartered in Amsterdam with significant Asia-Pacific operations. Closely comparable to Grasshopper in high-frequency market-making, quantitative strategies, and multi-asset exchange-based liquidity provision.
- Flow Traders: Amsterdam-based global market maker in ETFs and other financial instruments with established Asia-Pacific presence. Directly comparable to Grasshopper in ETF market making (notably its 2026 Japan ETF awards) and exchange-provided liquidity services.
- Hudson River Trading: US-headquartered quantitative trading firm and market maker employing sophisticated algorithms and proprietary technology for low-latency trading. Directly comparable to Grasshopper in proprietary technology stack, quantitative strategy development, and exchange-based market making.
- Tower Research Capital: Global electronic trading firm specializing in high-frequency quantitative trading across multiple asset classes and geographies. Comparable to Grasshopper in proprietary technology, low-latency execution, and exchange market-making model.
- Jump Trading: Global proprietary trading firm with significant Singapore and Asia-Pacific presence, providing liquidity across multiple asset classes. Comparable to Grasshopper in cross-asset market making, Asia-focused expansion, and technology-driven quantitative approach.
- DRW Trading: Chicago-based diversified proprietary trading firm operating across multiple asset classes globally including significant Asia operations. Comparable to Grasshopper in proprietary trading model, technology platform ownership, and market-making across global exchanges.
- Akuna Capital: US and Asia-based proprietary trading firm specializing in options market making and electronic trading. Comparable to Grasshopper in low-latency options and derivatives market making, particularly relevant given Grasshopper's 2024 expansion into options markets.
Broad incumbents
- Citadel Securities: One of the world's largest market makers across equities, options, ETFs, and other asset classes globally. Comparable to Grasshopper in market-making activity but operates at materially larger scale and broader geographic footprint as an incumbent in the space.
- Jane Street: Global proprietary trading firm and market maker with significant Asia operations including Japan and Singapore. Comparable to Grasshopper in ETF market making and exchange liquidity provision, but operates at substantially larger scale across more asset classes and geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Grasshopper social profiles
Digital presenceGrasshopper compliance and trust
Trust signalCompliance3 records
Grasshopper financial estimates
Financial estimateRevenue estimate
Valuation estimate
Grasshopper leadership team
Management profileNumber of profiles
Profiles6 records
Grasshopper subsidiaries and ownership
Company hierarchySubsidiaries1 record
Grasshopper funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Grasshopper M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Grasshopper
What does Grasshopper do?
Grasshopper is a proprietary quantitative trading and technology firm that builds and operates an ultra-low-latency trading platform to execute systematic strategies across global markets, primarily in Asia. The firm acts as a designated market-maker on SGX, Japan exchanges, and CME, providing liquidity in equity and derivatives markets. Through its MAS-regulated subsidiary Grasshopper Asset Management, the firm also offers asset management products, including the Grasshopper Global Multi-Asset Income Plus Growth Fund, to institutional and high-net-worth investors.
Is Grasshopper a public or private company?
Grasshopper is a private company. It is classified as venture growth investor backed and is currently operating.
When was Grasshopper founded?
Grasshopper was founded in 2006. It employs 11 to 50 people.
Where is Grasshopper based?
Grasshopper is headquartered in Singapore, Singapore, in the Asia region.
How does Grasshopper make money?
Three revenue lines are on record. Proprietary Trading is the primary driver. The others are asset Management and market Making Services.
Who are Grasshopper's main competitors?
Direct peers on record are Optiver, IMC Financial Markets, Flow Traders, Hudson River Trading, Tower Research Capital, Jump Trading, DRW Trading and Akuna Capital. Broad incumbents are Citadel Securities and Jane Street.
Does Grasshopper have an API?
No public API is recorded for Grasshopper.