Insights

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 asset managers diversify the group of market makers from which they source pricing. Since 76% of the notional traded volumes in Equity ETFs is provided by five liquidity providers and 80% of the notional trader volume in Fixed Income ETFs is provided by only two liquidity providers,(1) institutional asset managers and ETF issuers are welcoming new market makers for more options, better prices and less dependency. In addition, no single ETF market maker can always provide the best prices across all products and asset classes.

Our Expertise

DRW is an ETF liquidity provider and authorized participant (AP) to create/redeem ETFs directly with issuers, and trades ETFs across equities, fixed income, commodities and cryptoassets on European, U.S. and APAC exchanges. Our team of 40 dedicated professionals consists of experts who have played a vital role in developing the ETF industry in EMEA and APAC. Our team focuses specifically on trading and price efficiency, product selection and education with ETFs.

By onboarding with DRW, institutional asset managers benefit from a market maker with in-depth ETF knowledge and broad ETF trading capabilities. This is supported by over two decades of risk management and technology experience, expertise in transacting across all asset classes and time zones globally, and deep liquidity pools. Team members have had an active role in building the ETF industry in Europe and Asia since 2003, working with market makers, issuers, exchanges and institutional asset managers.

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

  • Bernardus Roelofs, Head of ETF Institutional Sales & Trading, +44 (0) 7469 908 000 \\ etf@drw.com
  • Axel Mohr, ETF Institutional Sales & Trading, +44 (0) 738 482 8047 \\ etf@drw.com

(1) Bloomberg 2020