{
  "id": 2099142,
  "title": "Hudson River Trading racks up record $11.4bn revenue amid market volatility",
  "url": "https://urgent.news/2026/08/20/hudson-river-trading-racks-up-record-11-4bn-revenue-amid-market",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-20T08:08:13.000Z",
  "source": {
    "name": "Hedgeweek",
    "slug": "hedgeweek",
    "url": "https://www.hedgeweek.com/hudson-river-trading-racks-up-record-11-4bn-revenue-amid-market-volatility/"
  },
  "original_language": "en",
  "account": "Hudson River Trading reported a record $11.4 billion in trading revenue for the second quarter, according to the Financial Times. The surge in revenue was driven by sharp market movements, including volatility in AI-related stocks, which created lucrative opportunities for the proprietary trading firm, a source familiar with the results told the outlet. The firm generated $7.4 billion in net profit for the three months ending June, the source added. Market turbulence, triggered by the war in Iran and extreme fluctuations in technology and artificial intelligence stocks, provided a favorable environment for proprietary trading firms, as their automated market-making operations can capitalize on small price discrepancies across markets. The sector's potential is underscored by the combined trading revenue of Hudson River Trading, Jane Street, and Citadel Securities, which exceeded $60 billion in 2025. Despite Jane Street's $15 billion loss in July due to adverse investments linked to AI stocks and Situational Awareness hedge fund, the firm still generated over $40 billion in net trading revenue for the year. Hudson River Trading, like other rivals, is heavily investing in artificial intelligence and computing infrastructure to compete for access to advanced technology. The firm's head of AI, Iain Dunning, recently disclosed that the company's available computing capacity next year will vastly surpass this year's, reflecting the swift investment in AI-powered trading systems. Hudson River Trading declined to comment on its financial results.",
  "summary": "Hudson River Trading generated a record $11.4bn in trading revenue in the second quarter as sharp market moves, including turbulence in AI-related stocks, created lucrative opportunities for the proprietary trading firm, according to a report by the Financial Times.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}