Katherine Doherty

Hudson River Trading, a major global market maker, posted a record $6.4 billion of trading revenue in the first quarter — more than half of its total haul in all of 2025 — during a volatile time for markets.

(Bloomberg) -- Hudson River Trading, a major global market maker, posted a record $6.4 billion of trading revenue in the first quarter — more than

(Bloomberg) -- US derivatives exchange CME Group Inc. and index provider Silicon Data are teaming up to create a futures market for computing power, a key source driving the AI boom.

Virtu Financial is joining a small but growing list of institutional market-making firms trading on prediction markets, according to people familiar with the matter.

Clear Street is cutting more than 50 jobs and replacing its chief executive officer, as the Wall Street brokerage firm pivots after abandoning a plan to go public earlier this year.

Christopher Giancarlo, the former Commodity Futures Trading Commission chairman known as “Crypto Dad” for his early embrace of digital assets, is joining Jefferies Financial Group Inc. as a senior adviser focused on investment banking.

(Bloomberg) -- Intercontinental Exchange Inc., owner of the New York Stock Exchange, is working with crypto exchange operator OKX to launch oil futures contracts that never expire.

Intercontinental Exchange futures prices for Brent crude and WTI will underpin the new perpetual contracts offered on OKX’s platform.

Architect Financial Technologies, an offshore derivatives exchange operator, has bought a US-regulated trading venue as it seeks to launch a futures market in computing power and other artificial intelligence commodities.

Bank of America Corp. is continuing to hire even as artificial intelligence and other technology tools take over jobs and cut off many traditional career paths.