#Hudson river trading software#

These works were developed in parallel with a steady cadence of much shorter research excerpts published on our Feed, thereby exposing a much more diverse roster of notable players in total each of which – short or long, deep or cursory – serving like pieces in the evolving solution to a much larger and more complex puzzle. Legendary firms like Citadel Securities, Susquehanna International Group (SIG), Two Sigma and Jane Street are among our published works a research library that is without peer. This led to our first-ever case studies on some of the most attention-grabbing names in the business. Until now, Alphacution has been intensely focused on shedding light on the broadest, most consequential trading firms in the global markets ecosystem. More than describing a theme that contributes to the disruption of the entire trading and asset management ecosystem, they are two milestones in the story that launches Hudson River Trading, LLC (HRT) into what Alphacution estimates is a rarefied league of proprietary trading firms that exceeded $1 billion in net trading revenue for 2020. What happens between these two points in time is no accident. Read this Term to its upcoming platform, ensuring competitive buying and selling prices.Rewinding from there to a Reuters article dated Januentitled “Hudson River Trading to buy rival HFT firm Sun Trading,” HRT’s co-founder and director, Jason Carroll, said in a statement, “This acquisition combines HRT’s expertise in on-exchange trading with Sun’s expertise in off-exchange trading creating a stronger, more diverse firm.” Nothing is more liquid than cash, while other assets represent.In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price.Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself. The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. TP ICAP is optimistic that the algorithmic trading will provide diversified liquidity “As we approach the launch of the platform, we are excited to add Hudson River Trading, another exceptional partner, further adding to our liquidity and price discovery capabilities,” said Simon Forster, TP ICAP’s Co-Head of Digital Assets.įounded in 2002, Hudson offers a sophisticated computing environment for algorithmic trading. The platform will provide a wholesale electronic over-the-counter (OTC) marketplace for spot crypto asset trading, including Bitcoin and Ethereum. Read this Term later this year, but it is still pending regulatory approval. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients.

#Hudson river trading software#

In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. The inter-deal broker is aiming to launch the institutional digital asset trading platform