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Inside Hudson River Trading's Blistering Token Burn
Iain Dunning, Head of AI at Hudson River Trading, speaks during an live taping of the Odd Lots podcast at City Winery, in New York, NY on May 28, 2026 Bloomberg
Odd Lots: Inside Hudson River Trading’s Token Burn (Podcast)
Today’s episode, which was recorded at our recent live show at New York’s City Winery, follows up on a conversation we had with Iain Dunning, head of AI at Hudson River Trading. Last year, we talked about how his firm uses AI. Now, some seven months later, we follow up on how one of the biggest market makers around is deploying this technology.
Fire in train car near New York City’s Penn Station injures five and disrupts service
A fire in a train car near New York's Penn Station injured five people and caused significant service disruptions for commuters. The incident, which occurred in a Hudson River tunnel, damaged overhead wires and led to delays on both New Jersey Transit and Amtrak services. Long Island Rail Road service was also briefly suspended following the fire.
Sailing-Spain lead wind-hit New York SailGP after disrupted opening day
Sailing-Spain lead wind-hit New York SailGP after disrupted opening day May 30 : Spain's Los Gallos took the overnight lead at the New York Sail Grand Prix on Saturday after winning two of the three races under an adjusted format as strong winds disrupted the opening day on the Hudson River. The high winds prevented several F50 catamarans from being safely launched, forcing SailGP organisers to reduce the fleet to the four highest-ranked teams in the championship standings and award scaled...
USA: French Air Force display marks 250 years of American independence
Eight Alpha Jets crossed the skies above Manhattan, releasing blue, white and red smoke in tribute to the longstanding alliance between the two countries. The flyover, part of the "Liberté 250" mission, highlighted France's historic support for the American colonies during their struggle for independence and drew attention from residents and visitors along the Hudson River. The aerial display is the first stage of a month-long deployment that will continue until 5 July, with additional...
Sailing-Australia claims third straight SailGP victory after tense New York final
Sailing-Australia claims third straight SailGP victory after tense New York final May 31 : Australia's BONDS Flying Roos edged Emirates GBR in a dramatic winner-takes-all final to win the New York Sail Grand Prix on Sunday and claim their third consecutive SailGP event victory. The event effectively became a one-day contest after SailGP voided Saturday's racing, when strong winds prevented most of the fleet from launching on the Hudson River. The victory was Australia's fourth from six...
Farmed oysters may boost New York's dwindling wild populations
Farmed oysters may boost New York's dwindling wild populations Lisa Lock Scientific Editor Andrew Zinin Lead Editor Farmed oysters are mixing with and potentially adding to populations of wild oysters—a once-abundant species in New York's estuaries and rivers that has declined drastically over the last century. A new study, published in the journal Molecular Ecology, offers genetic evidence and the first documented proof that farmed eastern oysters are adding to and breeding with wild...
The Great American Road Trip: 8 places to travel (and stay) to celebrate America 250 this summer
America turns 250 on the Fourth of July, and communities across the country are marking the milestone with a yearlong lineup of concerts, fireworks, festivals and historical events. From California to Boston, destinations are building special travel experiences around the Semiquincentennial, making this a memorable time to hit the road. We rounded up eight destinations worth adding to your itinerary for America's 250th anniversary, including iconic historical landmarks and a few lesser-known...