Head-to-head
D. E. Shaw & Co. vs Hudson River Trading
A direct, side-by-side comparison of D. E. Shaw & Co. and Hudson River Trading — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
D. E. Shaw & Co. is best for
traders who prefer Firm Capital and a New York, USA-based firm.
Full D. E. Shaw & Co. profile →Quick verdict
Hudson River Trading is best for
traders who prefer Firm Capital and a New York, USA-based firm.
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.
D. E. Shaw & Co.
Firm CapitalNot 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 CapitalNot 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
- Highest profit share
50% vs —%
| Attribute | D. E. Shaw & Co. Firm Capital · est. 1988 | Hudson River Trading Firm Capital · est. 2002 |
|---|---|---|
| Cost | ||
| Evaluation fee | — | — |
| Monthly fee | — | — |
| Evaluation required | No | No |
| Instant funding | No | No |
| Capital | ||
| Profit split | Bonus-based compensation | 50% |
| Max allocation | Employee firm — no retail evaluations | Institutional only |
| Account sizes | Employee firm — no retail evaluations | Institutional only |
| Scaling | — | — |
| Payouts | ||
| Frequency | N/A (employee comp) | Annual bonus |
| First payout | — | — |
| Assets | ||
| Futures | Yes | Yes |
| Stocks | Yes | Yes |
| Options | Yes | Yes |
| Forex | Yes | Yes |
| Crypto | Yes | Yes |
| Trading rules | ||
| News trading | Yes | Yes |
| Overnight holding | Yes | Yes |
| Weekend holding | Yes | Yes |
| Copy trading | No | No |
| Technology | ||
| Platforms | Proprietary systems | Proprietary |
| Data feed | — | — |
| Company | ||
| Headquarters | New York, USA | New York, USA |
About D. E. Shaw & Co.
Global multi-strategy quantitative investment and technology firm with significant proprietary trading.
Full D. E. Shaw & Co. 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- Sources used
- 1
- Confidence
- low
Weighted blend of independent trader-review sources. See methodology.
Rule Stability
last 90dWe do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.
Reputation
Not enough independent rating sources to compute a canonical score yet.
Rule Stability
last 90dWe 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 — D. E. Shaw & Co. or Hudson River Trading?
- Hudson River Trading pays 50% of trader profits once funded.
- Which pays out faster — D. E. Shaw & Co. or Hudson River Trading?
- D. E. Shaw & Co. payouts: N/A (employee comp). Hudson River Trading payouts: Annual bonus.
- Can I trade news at D. E. Shaw & Co. or Hudson River Trading?
- D. E. Shaw & Co.: permits news trading. Hudson River Trading: permits news trading.
- Can I hold positions overnight at D. E. Shaw & Co. or Hudson River Trading?
- D. E. Shaw & Co.: allows overnight holds. Hudson River Trading: allows overnight holds.
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ProprietaryTrading.com may receive compensation from certain companies featured on this site. These relationships never influence ratings, rankings, match results, verification status, or directory inclusion. Learn more in our Methodology & Editorial Standards.