DRW Analysis: $501M Raised
What is DRW?
Diversified trading firm innovating in markets
Product Features & Capabilities
- Liquidity provision across various asset classes
- Advanced trading technologies for market efficiency
- Real estate investment focused on value-add properties
- Venture capital investments in fintech and enterprise technology
- Climate neutrality initiatives through compliance market credits.
How much DRW raised
Funding Round - $501M
RecentOther Considerations
First carbon-neutral global trading firm as of 2020; Co-founded Climate Vault for climate neutrality; Over 30 years of experience in trading markets.
Recent News
- New COO Appointment - DRW has appointed Jason Kunreuther as the new Chief Operating Officer (COO) from Citadel Securities.
- SEC Enforcement Suit Dropped - The U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, a subsidiary of DRW, pending approval from the Commissioner.
- Strategic Partnerships - DRW has announced a partnership with Vecino Energy to develop a salt dome storage project in South Texas, which will enhance connectivity to key markets. [Source](https://www.businesswire.com/news/home/20250121015352/en/Vecino-Energy-and-DRW-Energy-Trading-Announce-Agreement-to-Develop-and-Anchor-South-Texas-Salt-Dome-Storage-Project-With-Connectivity-to-Agua-Dulce)
Competitors
The main competitors of DRW in the fintech space include:
1. Jump Trading
2. Citadel
3. Susquehanna International Group, LLP
4. IMC Trading
5. Virtu Financial
6. Allston Trading
7. Hudson River Trading
8. Optiver
9. Flow Traders
10. Jane Street
1. Jump Trading
2. Citadel
3. Susquehanna International Group, LLP
4. IMC Trading
5. Virtu Financial
6. Allston Trading
7. Hudson River Trading
8. Optiver
9. Flow Traders
10. Jane Street
HQ Full Address
540 W Madison St, Suite 2500, Chicago, Illinois 60661, United States
