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SIG & HRT lead 2025 retail volume and execution-quality gains

Susquehanna (SIG) and Hudson River Trading (HRT) have emerged as 2025’s best net improvers both in terms of volume as well as execution quality...

Six market makers delivered $461m price improvement for US retail in April

Citadel, Jane Street, Hudson River, Susquehanna, Two Sigma and Virtu filled half their retail orders close to mid-price, while for the entire market 5%...

HRT takes retail execution-quality crown in slower August market

Hudson River Trading (HRT) and Susquehanna (SIG) won the August price improvement race. This may be the symptom of the securities, order type, and...

Price improvements fell to US$253 million as retail volume increased in May

The return of calmer market conditions after April's tariff turmoil led to slimmer pickings for giant market makers, as the price improvement offered to...

US retail execution improved in June as overall volumes declined

Market makers executed 68.1 billion shares and delivered $395 million of price improvement in June, as retail investors bucked a wider decline in US...

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