trading

US Trading Partners Prepare to Hit Back

Good morning. Ten major firms are under the spotlight as the Trump administration continues its consulting crackdown. BI has pored over the DOGE receipts and found one firm has taken the most heat so far: Deloitte.In today’s big story, it’s the morning after Trump’s “Liberation Day” — and some countries…

5 takeaways from SBF’s rare jailhouse interview, from life with Diddy to trading muffins as currency

Sam Bankman-Fried, the crypto fraudster serving a 25-year sentence, spoke with Tucker Carlson from behind bars.Bankman-Fried is bunking near Sean “Diddy” Combs, who is facing sex trafficking charges.Bankman-Fried said he’s made friends and they play chess.Sam Bankman-Fried talked life behind bars in a wide-ranging jailhouse interview with Tucker Carlson.Between crypto…

Hudson River Trading has quietly built a  billion global powerhouse

Hudson River Trading’s net trading revenue hit nearly $8 billion in 2024, a record high.HRT has expanded into new markets and asset classes, doubling head count over the past four years.The firm has grown its high-frequency business and longer-duration trades in its Prism unit.While proprietary trading giants like Jane Street,…