Head-to-head

Capula Investment Management vs Hudson River Trading

A direct, side-by-side comparison of Capula Investment Management and Hudson River Trading — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.

Quick verdict

Capula Investment Management is best for

traders who prefer Firm Capital Model and a London, UK-based firm.

Full Capula Investment Management profile →

Quick verdict

Hudson River Trading is best for

news traders.

Full Hudson River Trading profile →

Cost & compensation

Cost and compensation path

Published fees and payout timing apply to trader-paid funding programs. Firm-capital and institutional paths are shown separately because their economics usually depend on hiring, allocation, salary, bonus, or profit-sharing terms.

Capula Investment Management

Firm Capital Model

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Hudson River Trading

Firm Capital Model

Not applicable for this model

This is a firm-capital or hiring-based trading path, not a trader-paid funding program. Compensation is typically handled through salary, bonus, draw, allocation, or profit-sharing arrangements rather than a published evaluation fee and payout schedule.

Decision guide

Best for your trader type

AttributeCapula Investment Management

Firm Capital Model · est. 2005

Hudson River Trading

Firm Capital Model · est. 2002

Cost
Evaluation fee
Monthly fee
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit split50%
Max allocationInstitutionalInstitutional only
Account sizesInstitutionalInstitutional only
Scaling
Payouts
FrequencyQuarterlyAnnual bonus
First payout
Assets
FuturesYesYes
StocksYesYes
OptionsYesYes
ForexYesYes
CryptoNoYes
Trading rules
News tradingYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsInternalProprietary
Data feed
Company
HeadquartersLondon, UKNew York, USA

About Capula Investment Management

Global fixed income relative value hedge fund managing tens of billions in firm and client capital.

Full Capula Investment Management profile →

About Hudson River Trading

Quantitative trading firm responsible for roughly 5% of US equity volume. Builds mathematical models that trade across hundreds of venues worldwide using its own capital.

Full Hudson River Trading profile →

Trust & stability

Reputation and rule-change activity

Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.

Reputation

canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Reputation

canonical
4.8/ 5
Sources used
1
Confidence
medium

Weighted blend of independent trader-review sources. See methodology.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Frequently asked

Common questions

Which has a higher profit split — Capula Investment Management or Hudson River Trading?
Hudson River Trading pays 50% of trader profits once funded.
Is Capula Investment Management cheaper to start than Hudson River Trading?
Capula Investment Management: evaluation from —. Hudson River Trading: evaluation pricing varies.
Which pays out faster — Capula Investment Management or Hudson River Trading?
Capula Investment Management payouts: Quarterly. Hudson River Trading payouts: Annual bonus. First-payout eligibility: Capula Investment Management — —; Hudson River Trading — n/a.
Can I trade news at Capula Investment Management or Hudson River Trading?
Capula Investment Management: policy unconfirmed. Hudson River Trading: permits news trading.
Can I hold positions overnight at Capula Investment Management or Hudson River Trading?
Capula Investment Management: allows overnight holds. Hudson River Trading: allows overnight holds.

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