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Trading ETFs with DRW

“DRW is able to enter a competitive market and add value to a trading desk.” - Execution Desk, Italy

    To achieve best execution and minimize risk, it’s imperative that institutional investors diversify the group of market makers from which they source their pricing. Currently, 73% of the notional traded volume in Equity ETFs are provided by five liquidity providers, and 76% of the notional traded volume in Fixed Income ETFs are provided by only two.* In addition, no single ETF market maker is able to provide the best prices across all products and asset classes at all times. DRW adds value by providing institutional investors and ETF issuers with more options, better prices and less dependency.

    Our expertise

    DRW is an independent ETF liquidity provider and authorized participant (AP) that is able to create and redeem ETFs directly with issuers. In fact, DRW is an AP for over 2,000 ETFs and in 2020 traded $824 Billion USD in ETFs. Additionally, DRW trades ETFs across equities, fixed income, commodities and crypto assets on European, American and APAC exchanges. Our team of 40 dedicated ETF professionals consists of experts who have played a vital role in developing the ETF industry in EMEA and APAC. The team has a strong focus on trading and price efficiency, product selection and education with ETFs.

    By onboarding with DRW, institutional investors benefit from a market maker with in-depth ETF knowledge and broad, independent ETF trading capabilities, further supported by decades of risk management and technology experience. Team members have had an active role in building the ETF industry in Europe and Asia since 2003, working directly with market makers, issuers, exchanges and institutional investors.

    DRW trades ETFs listed in

    • Europe: Equities, Fixed Income, Commodities, Crypto Assets
    • Americas: Equities, Fixed Income, Commodities
    • APAC: Equities, Fixed Income, Commodities

    ETF trade hit ratio

    • Overall: 12%
    • Equities: 10%
    • Fixed Income: 27%

    To learn more or add DRW as a market maker, contact:

    • Bernardus Roelofs, Head of ETF Institutional Sales & Trading, +44 (0) 207 282 0965 — etf@drw.com
    • Axel Mohr, ETF Institutional Sales & Trading, +44 (0) 207 855 9759 — etf@drw.com
    • Charles Nahama, ETF Institutional Sales & Trading, +44 (0) 207 282 0953 — etf@drw.com

    *Bloomberg, May 2021

    Download ETF info sheet.pdf