Alphacution Press: Hudson River Mints Billions In the Shadow of Jane Street and Citadel Securities

Alphacution quoted in Bloomberg‘s December 1, 2025 article ($) by Katherine Doherty on how, apparently, Hudson River Trading is competing with the likes of Jane Street and Citadel Securities by slowing its trading down, among other explorations, such as options trading.

“The biggest and the best prop firms, the ones making all the waves and money, are huge in options,” said Paul Rowady, founder and director of research at Alphacution. “HRT hasn’t traded options to the same scale. They realize the opportunity.”

See Feed post, “Hudson River Finally Sets a Hook” (Oct 31, 2025) and our case study, “Rise of Hudson River Trading” (Jan 23, 2021)

About Paul Rowady

Paul Rowady is the Director of Research for Alphacution, a research and strategic advisory platform uniquely focused on modeling and benchmarking the impacts of technology on global financial markets and the businesses of trading and asset management. He is a 35-year veteran of the proprietary, quantitative and derivatives trading arenas.

Contact: feedback@alphacution.com