๐จ Breaking: Wall Street is moving into prediction markets.
THE HISTORY OF HUDSON RIVER TRADING (2002โ2026)
2002 โ HRT is founded by graduates of Harvard and MIT.
2000s โ Begins developing automated trading algorithms in US equities.
2010s โ Expands into global markets and multiple asset classes.
2018 โ Launches its US Single Dealer Platform and European Systematic Internaliser.
2022 โ Expands into client market making.
2026 โ Joins Kalshi as a trading participant and investor, marking another step into prediction markets.
From quantitative algorithms to global financial markets, HRT is now part of Wall Street's growing prediction market story.