DRW was founded by Don Wilson, who got his start trading on the floor of the Chicago Mercantile Exchange in the late 1980s. Every trader on the floor had a three letter acronym for identification—Don chose his initials, DRW, and the name stuck. Over the past 25 years, DRW has expanded globally while staying true to what has always set us apart…our ability to identify and capture opportunities by leveraging technology, research and risk management.
We characterize our trading activity as following three general approaches —
- Traditional liquidity providing: making markets, buying and selling many products every day, with execution on a trading floor, over the phone and electronically. Our knowledge of the markets, pricing and modeling skills, and risk management work together to create liquidity and capture opportunities.
- Risk taking: doing our homework, formulating a view and putting on a position. Some positions are held for a few days, some for a few months or even years.
- Latency sensitive trading: combining research and risk management with superior technology and execution.
Trading in any asset class might include just one of these or may bring together all three; it all depends on what we see as the right strategy in that market.
DRW is successful because of what matters most to us. At our core, we’re an entrepreneurial organization where agility and ideas reign and achievement is rewarded. We respect one another and hold ourselves accountable for results. We bring on exceptional people and support their personal and professional growth.