Hudson River Trading generated a record $6.4 billion in first-quarter trading revenue and about $4.2 billion in net profit, according to source-reported figures cited by the Financial Times and first reported by Bloomberg News.
Hudson River Trading generated a record $6.4 billion in first-quarter trading revenue and about $4.2 billion in net profit, according to reports citing a person familiar with the matter.
The Financial Times said the figures were first reported by Bloomberg News and that volatile markets helped drive the result.
What the reports say
The reported quarter would mark a sharp jump for the private market-making firm, which has benefited from a more active trading environment. The FT said Hudson River Trading’s revenue and profit both reached new highs in the first quarter of 2026.
The sources reviewed do not include a company filing or direct public confirmation from Hudson River Trading.
Why it matters
Hudson River Trading is one of the most closely watched private trading firms in the market-making sector. Large swings in markets can boost revenue for firms that profit from trading activity and liquidity provision.
Bloomberg previously reported that Hudson River Trading’s revenue had already been rising sharply in recent periods, including a record quarterly trading revenue figure late last year.
For now, the new figures remain source-reported estimates rather than a formal company disclosure.
Revision note
Initial automated publication.