Hudson River Quarterly Trading Revenue Hits Record $3.7 Billion

Hudson River Trading’s trading revenue surged to a record as volatile markets helped lift quarterly results at firms that step in to handle orders globally.

The New York-based firm generated about $3.7 billion in net trading revenue during the third quarter, up 81% from the same period a year earlier, according to people with knowledge of the matter. That helped the company post record trading revenue in the first nine months of the year.