Explorations of the company’s European trading operations, US equity and equity option strategies, benchmarking

DUBLIN, July 15, 2021 / PRNewswire / – The company profile “2021 Case Study: The Rise of Hudson River Trading (HRT)” has been added to ResearchAndMarkets.com offer.

“The Rise of the Hudson River Trade”, the publisher adds another leading proprietary trading firm – and a recent entrant in the billion-plus (2020e) trading revenue club – to its library focused on the top-secret players and most important in the ecosystem of global markets.

Notable highlights include:

  • The history of Sun Trading and the impacts of its acquisition by Hudson River Trading (HRT) in the first quarter of 2018, and the explorations of the company’s European trading operations;
  • US equity and equity options strategies;
  • Comparative analysis with certain competitors, and;
  • Estimated income, among many other details.

Like at the right time, and about the time, a tweet from Joe gawronski, the chairman of Rosenblatt Securities says that December 24, 2020 marked the first time that over-the-counter trading accounted for the majority of US stock volume (50.38%).

Coming back from there to a dated Reuters article January 16, 2018 entitled “Hudson River Trading to acquire competitor from HFT Sun Trading”, co-founder and director of HRT, Jason carroll, said in a statement, “This acquisition combines HRT’s expertise in on-exchange trading with Sun’s expertise in over-the-counter trading creating a stronger and more diverse business.”

What happens between these two moments is not accidental. More than describing a theme that is helping to disrupt the entire trading and asset management ecosystem, these are two milestones in history that launch Hudson River Trading, LLC (HRT) into what the analyst believes that it is a rarefied league of proprietary trading firms that have outgrown $ 1 billion in turnover for 2020.

So far, the analyst has focused intensely on shedding light on the largest and most important trading companies in the ecosystem of global markets. This led to the analyst’s very first case studies of some of the catchiest names in the business. Legendary companies like Citadel Securities, Susquehanna International Group (SIG), Two Sigma and Jeanne Street are part of the analyst’s published work; an unrivaled research library.

This work has been developed in parallel with a steady pace of much shorter research snippets posted on the Analyst’s Feed, thus exposing a much more diverse roster of notable players in total; each of them – short or long, deep or shallow – serving as pieces in the scalable solution of a much larger and more complex puzzle.

It turns out that the legendary players to whom the analyst devoted their initial attention and further analysis were valuable for more than their ability to fascinate. They are the cornerstones of the latest market structure phenomena and therefore have an extraordinary influence on the topology of the landscape, not only for the spaces they occupy but for the spaces they leave behind. All of this is perhaps too poetic a way to introduce the workings of the subject: there is a war waged between what happens in the light and what happens in the dark.

With a few exceptions, broker-dealers find it difficult to compete with the world’s leading proprietary trading firms (all of which are registered broker-dealers and often market makers, and whose continued financial success keeps a loop. positive feedback that allows them to stay at the forefront of technical innovation and the attraction of human capital). Many hedge fund managers have struggled to adjust – let alone realize – that the material component of the so-called alpha that they once enjoyed as outsized performance is now being captured by those much closer to the sources of liquidity.

Traditional asset managers, especially those without dynamic exchange-traded fund (ETF) franchises, also suffer from a lack of automation, speed, creativity and adaptability. Solution providers are plagued by a declining number of new leads in a world that favors incumbent occupancy. And, last but not least, the retail segment, particularly the subset of day traders, risk junkies and other thrill seekers, is amply entertained in the new frictionless environment and moreover. in addition gamified. In short, the configuration at the center of listed markets – which, thanks to a historically accommodating yield curve, is one of the only games in town – continues to cause tectonic shifts and existential risks throughout the global market landscape. .

At the base of all of this, the current market structure favors a finite list of primarily speed-related arbitrage strategies, all of which reside in the structural alpha zone of the analyst; the home of all hyperactive trading strategies. With the movement unleashed by Robinhood – en masse – in November 2019 by the entire retail brokerage industry to a commission-free framework (and fueled, in part, by new, more transparent SEC Rule 606 disclosures), 2020 is the year in which order flow value Captives has elevated the war between dark trading and enlightened trading to an unprecedented level of evidence that is now observable with the naked eye.

Main topics covered:

  1. introduction
  2. Sample data
  3. Glossary
  4. Contents
  5. Exhibitions table
  6. Story board
  7. History lesson
  8. European risk
  9. American risk
  10. American equity strategy
  11. American option strategy
  12. Comparative analysis
  13. Revenue estimation model
  14. Conclusion
  15. Next steps
  16. Annex I – Labels
  17. Cusips
  18. Dashboard
  19. Annex II – Additional documents
  20. European business entities
  21. US Business Entities
  22. Annex III – Landscape
  23. Alpha Capacity Elasticity
  24. Historical perspective
  25. Main drivers of the landscape
  26. About the publisher
  27. The analyst

Companies mentioned

  • Citadel titles
  • EOS Trading Ltd.
  • Global Electronic Commerce Group (GETCO)
  • GTS Securities
  • HRT Execution Services, LLC
  • HRT Financial, LP (formerly HRT Financial, LLC)
  • HRTEU Ltd. (Dublin)
  • Hudson River Trading Europe Ltd.
  • Hudson River Trading, LLC
  • IMC Financial Markets
  • Jane Street Group
  • Jump trade
  • Knight Capital Group
  • Latour business
  • Former mission capital
  • Robinhood Markets, LLC
  • Sun Holdings, LLC
  • Sun Trading International Ltd.
  • Sun Trading, LLC
  • Susquehanna International Group (SIG)
  • Tower research capital
  • Two Sigma investments
  • Two Sigma titles
  • Virtu Financial

For more information on this company profile, visit https://www.researchandmarkets.com/r/uisuya

Media contact:

Research and markets
Laura Wood, senior
[email protected]

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SOURCE Research and Markets

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