Hudson River Trading Achieves Record Revenue in Volatile 2025
AI-generated context summary requested by a Free News Reader user. Sourced via Gemini from publicly available information — no paywalled content was accessed.
You hit a paywall. Here’s the context on this topic based on publicly available information. We did not access any paywalled content. View original article.
Hudson River Trading Achieves Record Revenue in Volatile 2025
- Hudson River Trading (HRT) reportedly achieved a net trading revenue of $12.3 billion in 2025, a significant increase from its approximately $8 billion revenue in 2024.
- This record performance in 2025 was driven by volatile market conditions, which created favorable opportunities for automated market-making operations.
Full Summary — powered by AI
Hudson River Trading, a quantitative trading firm founded in 2002, experienced a period of substantial growth in 2025, with its net trading revenue reaching an estimated $12.3 billion. This figure represents a considerable increase from its 2024 revenue of approximately $8 billion. The firm’s success is largely attributed to its automated market-making operations, which thrive in volatile market conditions by exploiting small price discrepancies.
Throughout 2025, HRT demonstrated strong quarterly performances. In the second quarter of 2025, HRT’s net trading revenue was $2.62 billion, surpassing Citadel Securities’ $2.39 billion for the same period. The third quarter of 2025 saw HRT achieve a net trading revenue of $3.7 billion, an 81% year-over-year increase, and outperforming Citadel Securities’ $2.64 billion. By September 2025, HRT’s year-to-date revenue had already exceeded $9 billion, surpassing its entire 2024 performance.
HRT’s business model relies on advanced mathematics, statistical modeling, and high-performance computing to trade across various asset classes, including equities, options, futures, and foreign exchange. The firm invests heavily in artificial intelligence and computing infrastructure, reportedly spending $1 billion per year on AI as of 2025 and 2026. This technological focus allows HRT to operate efficiently and systematically, with all trading decisions being algorithmic. The firm employs over 1,000 people globally and is headquartered in New York City.