[Quantitative Trading Giant Hudson River Trading Commences Trading on Kalshi, Accelerating Wall Street's Deployment in Prediction Markets] Odaily Planet Daily reports that Wall Street market maker and quantitative trading giant Hudson River Trading (HRT) has begun trading on the prediction market platform Kalshi, becoming one of the institutional trading firms following Jump Trading and Susquehanna International Group in entering the prediction market arena. Sources familiar with the matter revealed that HRT began trading on Kalshi approximately one month ago. Currently, its futures team handles the related business, primarily participating in the platform's "up-down markets," contracts settled based on the short-term price increase or decrease of an asset. Currently, it has not yet ventured into sports or other non-financial event contracts. Furthermore, HRT was one of the investors in Kalshi's latest $1 billion funding round, which valued Kalshi at $40 billion. (Bloomberg)