Hudson River Trading Q2 trading revenue reaches record $11.4 billion

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Hudson River Trading (HRT) reported a record $11.4 billion in trading volume for Q2, more than tripling year-over-year. The firm also posted a net profit of $7.4 billion and an adjusted EBITDA of $8 billion, representing over a 350% increase from $1.75 billion in the same period last year. HRT remained profitable during the July AI stock crash and had no direct exposure to Situational Awareness. In contrast, Jane Street reported a $15 billion loss in July—its first monthly loss in a decade—partly due to investments in Situational Awareness. Trading activity surged across HRT’s platforms amid volatile market conditions.

Odaily Planet Daily reports that quantitative trading firm Hudson River Trading (HRT) recorded a record trading revenue of $11.4 billion in the second quarter, more than tripling year-over-year; net profit reached $7.4 billion during the same period, with adjusted EBITDA of approximately $8 billion, an increase of over 350% compared to $1.75 billion in the same period last year.

In addition, HRT remained profitable during the July AI stock plunge and had no direct exposure to Situational Awareness. Meanwhile, Jane Street recorded a $15 billion loss in July—its first monthly loss in a decade—due to factors including its investment in Situational Awareness. (Bloomberg)

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