Head-to-head

Clear Street Active Trading vs Hudson River Trading

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

Quick verdict

Clear Street Active Trading is best for

traders who prefer Firm Capital Model and a New York, NY, USA-based firm.

Full Clear Street Active Trading profile →

Quick verdict

Hudson River Trading is best for

news traders; swing traders holding overnight.

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.

Clear Street Active Trading

Firm Capital

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

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

AttributeClear Street Active Trading

Firm Capital · est. 2018

Hudson River Trading

Firm Capital · est. 2002

Cost
Evaluation fee
Monthly fee
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit split50%
Max allocationInstitutional only
Account sizesInstitutional only
Scaling
Payouts
FrequencyAnnual bonus
First payout
Assets
FuturesNoYes
StocksYesYes
OptionsYesYes
ForexNoYes
CryptoNoYes
Trading rules
News tradingYes
Overnight holdingYes
Weekend holdingYes
Copy tradingNo
Technology
PlatformsClear Street StudioProprietary
Data feed
Company
HeadquartersNew York, NY, USANew York, USA

About Clear Street Active Trading

Active Trading division of Clear Street, a cloud-native prime brokerage offering buying-power and capital programs for experienced equities and options traders trading the firm's capital under risk-managed agreements.

Full Clear Street Active Trading 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 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.

Frequently asked

Common questions

Which has a higher profit split — Clear Street Active Trading or Hudson River Trading?
Hudson River Trading pays 50% of trader profits once funded.
Which pays out faster — Clear Street Active Trading or Hudson River Trading?
Clear Street Active Trading payouts: not published. Hudson River Trading payouts: Annual bonus.
Can I trade news at Clear Street Active Trading or Hudson River Trading?
Clear Street Active Trading: policy unconfirmed. Hudson River Trading: permits news trading.
Can I hold positions overnight at Clear Street Active Trading or Hudson River Trading?
Clear Street Active Trading: policy unconfirmed. Hudson River Trading: allows overnight holds.

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