Trading

DRW taps banks and hedge funds for two dozen London traders

The US market-maker’s hires include former Nomura executive Asa Attwell

The prop trading shop is expanding in the Square Mile
The prop trading shop is expanding in the Square Mile Photo: Mike Kemp/Getty Images

US trading firm DRW has hired around two dozen traders in London so far this year as it looks to cash in on elevated market volatility.

DRW has hired at least 23 traders at its City office since January, including talent from major banks and hedge funds, according to a person familiar with the matter and regulatory filings.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink