Company Research Report: Hudson River Trading LLC

Company Overview

Name

Hudson River Trading LLC

Mission of the Company

Hudson River Trading is committed to providing liquidity on global markets and directly to clients through advanced computing environments for research, development, modeling, and risk management. The company emphasizes technical innovation and advocates for fair and transparent markets.

Founding and Founders

Founded: 2002

Founding Partners: Graduates from Harvard and MIT with degrees in computer science and mathematics.

Key People

Jason Carroll: Managing Partner, focuses on trading technology expansion and improvement.

Prashant Lal: Managing Partner, focuses on growth into new markets and asset classes.

Oaz Nir: Managing Partner, focuses on developing trading algorithms.

Headquarters

Headquartered: No specific location is mentioned as the headquarters, but North American offices include: New York City, Chicago, Austin, Boulder, Boston, Seattle, Miami.

Number of Employees

Over 900 employees specializing in a variety of mathematical, scientific, technical, and business disciplines.

Revenue

No information is available.

Notability

Hudson River Trading is known for being a multi-asset class quantitative trading firm at the forefront of technical innovation for financial markets worldwide.

Products

Offered Products

1. Single Dealer Platform (SDP): Launched in the US in 2018.
2. Systematic Internaliser (SI): Launched in Europe in 2018.
3. Client Market Making: Launched in 2022.

High-Level Description & Key Features

These platforms are part of Hudson River Trading's offerings that enhance trading capabilities on a global scale and support their market-making and liquidity provision activities. Detailed descriptions and specific features for each product were not disclosed.

Recent Developments

Recent Company Developments

Expansion into new markets and asset classes under the guidance of managing partner Prashant Lal.

Ongoing development and improvement of trading technology led by Jason Carroll.

Continuous development in trading algorithms overseen by Oaz Nir.

New Products Launched

Single Dealer Platform (SDP) and Systematic Internaliser (SI) in 2018.

Client Market Making in 2022.

New Features Added

No specific information on new features added to existing products is available.

Partnerships

No information on any new partnerships is available.

Note: Many specifics, especially financial details and certain operational aspects, are not publicly detailed, as expected due to the private nature of the firm.

Copyright Notice: HRT® and Hudson River Trading® are registered trademarks of Hudson River Trading LLC. © 2002-2024 Hudson River Trading LLC. All rights reserved.