DRW is a proprietary trading firm that trades its own capital across diverse asset classes including fixed income, options and derivatives, energy, agriculture, equities, and cryptocurrency, employing high-frequency and algorithmic trading strategies. It provides liquidity to institutional counterparties in global financial markets on exchanges across five continents. The firm deploys quantitative research and state-of-the-art low-latency trading technologies, including a sophisticated global network operated by its NX team. Founded in 1992 by Don Wilson, who serves as CEO. DRW operates without outside equity investors, utilizing debt financing such as a 2019 term loan for capital flexibility. Headquarters are in Chicago, Illinois, with additional offices in Amsterdam, Austin, Dubai, Greenwich, Hong Kong, Houston, London, Montréal, New York, Palo Alto, Singapore, and Tel Aviv.