About
Hudson River Trading is a quantitative trading firm that generated record $8B in net trading revenue in 2024, with ~1,200 employees across 14 offices globally ($8-10M revenue per employee). Founded by Harvard and MIT graduates in 2002. Expanding beyond traditional HFT into mid-frequency strategies; its Prism unit alone produced $2B+ last year. On track to exceed $12B revenue in 2025 after posting $3.7B in Q3 alone.
Key Facts
- [1]Founded: Founded in 2002 in New York, United States.
- [2]Employees: Employee count: 1,001-5,000.
- [3]Website: Official website: hudsonrivertrading.com.
- [4]AI Technology: Core AI/ML technologies: LLM / NLP.
- [5]Region: Region: Americas (United States).
Founder
Igor Ostrovsky
Co-founder
AI Technology
LLM / NLP
Large language models for NLP, chat, document understanding, and text generation
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Hudson River Trading?
Hudson River Trading is a quantitative trading firm that generated record $8B in net trading revenue in 2024, with ~1,200 employees across 14 offices globally ($8-10M revenue per employee). Founded by Harvard and MIT graduates in 2002. Expanding beyond traditional HFT into mid-frequency strategies; its Prism unit alone produced $2B+ last year. On track to exceed $12B revenue in 2025 after posting $3.7B in Q3 alone. Hudson River Trading is classified in the Trading & Markets segment at the Automation layer of the financial AI stack.
Who founded Hudson River Trading?
Hudson River Trading was founded by Igor Ostrovsky (Co-founder) in 2002 in New York, United States. The company has been operating for 24 years.
What AI technology does Hudson River Trading use?
Hudson River Trading primarily leverages LLM / NLP technology. Large language models for NLP, chat, document understanding, and text generation. Within the Trading & Markets segment, 17 companies use this technology.
What market segment does Hudson River Trading operate in?
Hudson River Trading operates in the Trading & Markets market segment. AI-powered trading and markets companies are transforming how financial instruments are bought, sold, and priced across global exchanges. These companies apply machine learning to algorithmic trading, market making, order execution, and quantitative strategy development.
Where is Hudson River Trading headquartered?
Hudson River Trading is headquartered in New York, United States. The company operates in the Americas region. The team consists of 1,001-5,000 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Hudson River Trading's competitors?
Companies similar to Hudson River Trading in the Trading & Markets space include Greenlite ($20M raised), QuantConnect ($2M raised), Composer ($17M raised), Trade Ideas, Trumid ($722M raised). These companies operate in related areas of financial AI: Greenlite focuses on ai agents that accelerate aml reviews. QuantConnect focuses on open-source algorithmic trading platform. Composer focuses on ai trading strategy builder without code. (Based on AIFI Map classification data.)
What products does Hudson River Trading offer?
Hudson River Trading builds automation-layer solutions for the financial services industry. The company's core offering: AI-driven high-frequency trading. The platform is powered by LLM / NLP technology.