Hudson River Trading Analysis: $4.8B Raised
What is Hudson River Trading?
Hudson River Trading is a multi-asset class quantitative trading firm that focuses on providing liquidity in global markets and directly to clients. The company's mission is to leverage advanced technology and mathematical models to enhance trading efficiency and market accessibility. Key services offered include algorithmic trading, market making, and quantitative research across various asset classes.
Employees
over 900
Founded
2002
Industry
Investment
Funding Amount
$4.81B
Industry Type
Investment
Latest Funding Round Size
$4.81B
Product Features & Capabilities
- Automated trading algorithms
- Liquidity provision
- Market making services
Use Cases
Provide liquidity on global markets; Develop automated trading strategies; Support clients with best pricing; Engage in quantitative research; Manage risk through advanced modeling
How much Hudson River Trading raised
Funding Round - $4.81B
RecentKey Products
Hudson River Trading (HRT) offers several key products and services as a liquidity provider, including:
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Single Dealer Platform (SDP): Provides access to HRT’s unique principal liquidity in US equities and exchange-traded funds, offering customized liquidity that reduces market impact and lowers transaction fees.
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Wholesaling: HRT connects deep liquidity to the U.S. retail broker-dealer community, focusing on customer service and execution quality.
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Systematic Internalisers: Operates two systematic internalisers in Europe, providing bespoke liquidity in over 1300 securities across 15 major jurisdictions, tailored to client needs.
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US Treasuries: A top-ranked liquidity provider in the US Treasury market, offering disclosed liquidity streams via interdealer platforms and maintaining consistent liquidity during market volatility.
These services are designed to enhance execution quality, provide meaningful price improvement, and maximize fill rates for clients.
Competitors
The main competitors of Hudson River Trading in the fintech space include:
- Two Sigma
- Citadel
- Jane Street
- IMC Trading
- Virtu Financial
- XTX Markets
- PGIM Quant
- Citadel Securities
- Jump Trading
- Alyeska Investment Group
- DRW
Recent News
Recent news articles related to Hudson River Trading include:
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Hudson River Trading has quietly built an $8 billion global powerhouse - In 2024, HRT's net trading revenue reached nearly $8 billion, marking an all-time high for the firm. (Source: Business Insider)
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Another D.E. Shaw hardware specialist defects to Hudson River Trading - Timothy Correira, a hardware research engineer from D.E. Shaw, has joined Hudson River Trading, indicating the firm's ongoing recruitment of top talent. (Source: eFinancialCareers)
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Hudson River Trading and Wall Street Giants Form Strategic Partnership to Develop Asia-Pacific Financial Markets - HRT is collaborating with major Wall Street firms to expand its presence in the Asian market. (Source: StreetInsider)
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HFT firm Hudson River Trading paying £500k+ in its UK arm - The UK entity of Hudson River Trading reported that 51 employees received an average salary of £521.6k in 2023. (Source: eFinancialCareers)
Other Considerations
Serves global markets; Operates in 14 offices worldwide; Committed to diversity and inclusion
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