“A growing number of asset managers are sending their smaller trades — let’s say smaller than €500K or €1million — to an automated rules-based solution via the RFQ platforms. One rule can be that they need three prices and they just take the best price without looking at it.”
Chris Zuehlke, Cumberland global head and DRW partner, joins CNBC’s “Squawk on the Street” to discuss potential crypto regulation following comments from SEC Chair Gary Gensler on CNBC’s “Squawk Box.”
DRW is a full-service solution for trading ETFs globally, coordinating trading operations across three time zones out of London/Amsterdam & Singapore. Our team has played a vital role in developing the ETF industry in EMEA and APAC, and we are focused on trading and price efficiency, product selection and education with ETFs. Learn more about the benefits of accessing liquidity with a trading firm as well as education we provide to our onboarded counterparties, and more.
“DRW is able to enter a competitive market and add value to a trading desk.” - Execution Desk, Italy