DRW Acquisition

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The assets of Chopper Trading were brought together in 2015 with DRW, a Chicago-based proprietary trading firm that combines technology, research and risk management to capture trading and investment opportunities globally. DRW was founded by Don Wilson, who got his start trading on the floor of the Chicago Mercantile Exchange in the late 1980s. The firm has more than 600 team members at offices in Chicago, Montreal, London, New York, San Francisco and Singapore.

The integration of the Chopper assets and team has resulted in significant synergies. Of the combination, Don Wilson said, “Chopper Trading is a highly-respected and successful participant in the industry. They have amassed a talented team and operate trading strategies that are complementary to DRW’s. Bringing our two organizations together will allow us to more efficiently provide liquidity to the financial markets. We are excited to join forces and look forward to working together.”

Raj Fernando, founder of Chopper Trading, said, “DRW is an industry leader with a track record of innovation and growth. Combining our two firms is a perfect fit that benefits our company and also the broader marketplace. I am proud of what we have built and I look forward to the synergy this will create.”

 

About DRW

What sets DRW apart is a diversified approach—trading across many asset classes and instruments, in markets around the world, with horizons from seconds to years. The firm deploys flexible, performance-driven systems, with technologists working closely with traders and researchers to choose the right solutions. DRW offers the best of both worlds: the opportunity and spirit of a startup and the benefits and stability of an established, experienced firm. DRW runs as a true meritocracy, a place where ideas reign and results are rewarded.

NobleDRW088 WEBDRW is proud to support many philanthropic organizations, targeting their efforts at providing people with opportunities to learn and increase self-reliance. This includes DRW College Prep, which opened in 2012 as the 12th campus of the Noble Network of Charter Schools. Its mission is to challenge and support students to become educated people of integrity who positively impact their communities. DRW College Prep engages students in rigorous academics, with a view toward attending and succeeding in college.

 

Find out more about DRW career opportunities and apply online.

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