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DRW

Coverage of DRW in the Nexus archive.

Earliest in view: May 13 · 06:16 UTCMost recent: Jun 12 · 04:00 UTC
Co-mentioned in this coverage
power markettopic1winter volatilitytopic1JPMorganorganization1Goldman Sachsorganization1Citadel Securitiesorganization1Don Wilsonperson1HSBCorganization1Wall Streetplace1
Recent coverage
  • BUSINESSJun 12 · 04:00 UTCFINANCIAL TIMES WORLD
    Trading firm DRW suffered sharp loss on power market as prices gyrated

    Trading firm DRW incurred a $176 million loss due to volatile power market prices and terminated its head electricity and gas trader as winter volatility impacted positions.

  • BUSINESSMay 13 · 06:16 UTCR/CRYPTOMARKETS
    Wall Street Banks Push Blockchain Into $13T Repo Market

    Wall Street banks are utilizing blockchain technology to facilitate tokenized repo trades in the $13 trillion repurchase agreement market, aiming to enhance settlement efficiency and reduce liquidity buffers. JPMorgan has already processed around $3 trillion in these transactions, with other major players like Goldman Sachs and Citadel Securities also involved. The integration of blockchain is expected to bring significant benefits, including reduced operational complexity and increased capital rotation.

DRW · Dossier · The Nexus