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Corporation
FINANCE
drw.com

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Investments

5

Portfolio Exits

3

Partners & Customers

2

About DRW Trading Group

DRW Trading Group (DRW) is a principal trading organization. This means that all of our trading is for our own account and risk, and all of our methods, systems and applications are solely for our own use. Unlike hedge funds, brokerage firms and banks, DRW has no customers, clients, investors or third party funds. Our trading spans a wide range of asset classes, instruments, geographies and trading venues, with a focus on trading listed, centrally-cleared instruments.Founded in 1992, our mission is to empower a team of exceptional individuals to identify and capture trading opportunities in the global markets by leveraging and integrating technology, risk management and quantitative research. With that spirit, DRW has embraced the integration of trading and technology by devoting extensive time, capital and resources to develop fast, precise and reliable infrastructure and applications. DRW has a flexible and entrepreneurial culture that cultivates creativity and practicality.

DRW Trading Group Headquarter Location

540 West Madison Street Suite 2500

Chicago, Illinois, 60661,

United States

312-542-1000

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DRW Trading Group Web Traffic

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DRW Trading Group Rank

Latest DRW Trading Group News

Jason Leung Joins IG as Senior Adviser North America

Apr 23, 2020

Financial services company IG has hired Ian Leung as a Senior Adviser North America in its Chicago office last month, according to market sources. IG was founded in 1974 as one of the world’s first spread betting firms. It now provides CFDs and spread betting and execution-only share dealing service in the UK, Austria and the Netherlands. The company’s platforms and apps offer access to over 17,000 financial markets, including indices, shares, FX, and commodities. Prior to moving to IG, Leung was Global Head of Cumberland, a company owned by Chicago headquartered prop trading company DRW that specialises in Crypto trading . In a string of executive exits, Leung left the firm in June 2019 and was replaced by Chris Zuehlke. Suggested articles FBS Holds Charity Event to Provide Health Supplies in Indonesia Go to article >> His exit followed the departure of Cumberland’s former COO Bobby Cho, who became Partner at prop firm CMS in October last year. Before that, Leung served as Global Head of FX Options at DRW Trading Group in Chicago for six years. Chicago-based DRW is a diversified prop trading firm that combines technology, research and risk management to capture trading and investment opportunities globally. Long career Leung’s career began at UBS Warburg in 1997, where he spent six years as an FX Options Trader, before joining Bank of America as a Principal. After four years at Bank of America, he became a Founding Member at Clarity Investments and an FX OTC Options Trader at Infinium Capital Managent. In 2019, he also was a Board Member at ErisX, a financial services firm offering individuals and institutions a platform to access digital asset spot and futures markets. Share this article

DRW Trading Group Investments

5 Investments

DRW Trading Group has made 5 investments. Their latest investment was in BitGo as part of their Series B on December 12, 2017.

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DRW Trading Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/11/2017

Series B

BitGo

$42.5M

Yes

9

11/1/2016

Series A

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$99M

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10

6/23/2015

Seed VC

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$99M

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10

4/6/2015

Series C

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$99M

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10

12/23/2014

Seed VC

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$99M

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10

Date

12/11/2017

11/1/2016

6/23/2015

4/6/2015

12/23/2014

Round

Series B

Series A

Seed VC

Series C

Seed VC

Company

BitGo

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Amount

$42.5M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

9

10

10

10

10

DRW Trading Group Portfolio Exits

3 Portfolio Exits

DRW Trading Group has 3 portfolio exits. Their latest portfolio exit was BitGo on May 05, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/5/2021

Acquired

$99M

13

4/10/2019

Acq - Fin

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$99M

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10

6/20/2018

Acquired

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$99M

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10

Date

5/5/2021

4/10/2019

6/20/2018

Exit

Acquired

Acq - Fin

Acquired

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

13

10

10

DRW Trading Group Acquisitions

1 Acquisition

DRW Trading Group acquired 1 company. Their latest acquisition was RGM Advisors on August 16, 2017.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/16/2017

Other Venture Capital

$99M

Acquired

4

Date

8/16/2017

Investment Stage

Other Venture Capital

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

4

DRW Trading Group Partners & Customers

2 Partners and customers

DRW Trading Group has 2 strategic partners and customers. DRW Trading Group recently partnered with Global X on March 3, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

3/14/2022

Client

United States

Global X Taps DRW as Liquidity Provider for its Digital Assets Exchange-Traded Products (ETPs)

Global X and DRW share a commitment to innovation , and we are thrilled to expand our relationship with the DRW team to provide liquidity to our digital assets ETPs . ''

1

12/1/2020

Partner

Canada

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10

Date

3/14/2022

12/1/2020

Type

Client

Partner

Business Partner

Country

United States

Canada

News Snippet

Global X Taps DRW as Liquidity Provider for its Digital Assets Exchange-Traded Products (ETPs)

Global X and DRW share a commitment to innovation , and we are thrilled to expand our relationship with the DRW team to provide liquidity to our digital assets ETPs . ''

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Sources

1

10

DRW Trading Group Team

1 Team Member

DRW Trading Group has 1 team member, including former Chief Operating Officer, Bobby Cho.

Name

Work History

Title

Status

Bobby Cho

Chief Operating Officer

Former

Name

Bobby Cho

Work History

Title

Chief Operating Officer

Status

Former

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