Hudson River Trading Revenue More than Doubles to $2.62 Billion

Hudson River Trading’s trading revenue more than doubled in the second quarter as volatile markets continued to benefit firms that handle orders across the globe.

The New York-based firm generated $2.62 billion in net trading revenue during the second quarter of the year, up 103% from $1.29 billion in the same period a year ago, according to people with knowledge of the matter, giving the company a record six months. That’s higher than the second-quarter net trading revenue of $2.39 billion at Citadel Securities that Bloomberg News reported last week.