Chicago, IL·Founded 1992
DRW Trading
Diversified Trading Firm.
About
What DRW actually does
DRW is a diversified principal trading firm with a strong focus on technology and innovation. Founded by Don Wilson, the firm trades across asset classes including fixed income, energy, agriculture, and crypto. Known for its entrepreneurial culture and significant crypto investments through Cumberland.
- Founded
- 1992
- HQ
- Chicago, IL
- Team
- 1,000+
- Process
- 3-5 weeks
Focus areas
Interview process · 3-5 weeks
Round-by-round breakdown
- 1
Online Assessment
60-90 minutesTechnical assessment covering probability, statistics, and coding depending on role. Quant roles focus on mathematical problem-solving.
- Review probability and statistics fundamentals
- Practice coding in Python or C++
- Be prepared for open-ended problems
- 2
Phone Interview
45-60 minutesTechnical interview covering your background and role-specific skills. May include live problem-solving.
- Prepare to discuss your projects in depth
- Practice explaining technical concepts clearly
- Research DRW's diverse trading focus
- 3
Onsite/Virtual Final
Half to full dayMultiple interviews with team members covering technical skills, problem-solving, and cultural fit.
- Understand DRW's different trading desks
- Show entrepreneurial mindset
- Prepare questions about the specific team
Roles & tracks
Pick the desk that fits
Quantitative Researcher
Develop trading strategies across asset classes using statistical and mathematical methods.
Software Developer
Build trading systems, risk management tools, and infrastructure across DRW's trading desks.
Quantitative Trader
Trade across various asset classes including fixed income, energy, and cryptocurrencies.
Salary · 2026
What DRW pays
- Intern
- $3,500 - $5,000 per week
- New grad
- $180k - $300k+ total compensation
- Senior
- $400k - $1M+ total compensation
DRW offers competitive compensation with strong bonus potential. The firm's diverse trading focus means opportunities across many asset classes.
See full comp datasetOpen roles
Currently hiring at DRW
Quantitative Researcher
Software Developer
Quantitative Trader
Candidate experience
What candidates flag at DRW
3-5 weeks from OA to offer
3 rounds total. The first round is a 60-90 minutes online assessment; the final round is a half to full day onsite/virtual final. Plan the prep arc against this timeline, not a generic one.
Fixed Income · Energy Trading · Cryptocurrency
Diversified Trading Firm. Interview rounds lean on the surface area where DRW actually makes money. Expect questions that probe fixed income and energy trading more than generic LeetCode patterns.
Research DRW's diverse trading businesses
Across the prep tips on this page, the recurring theme is reasoning out loud. DRW interviewers care more about how you arrive at an answer than the answer itself. Plan to narrate.
Editorial summary derived from interview-process and prep-tip data. Anonymous member reviews launching with the /comp dataset.
Prep tips
What actually works for DRW
- Research DRW's diverse trading businesses
- Understand Cumberland, their crypto trading arm
- For quant: strong statistics and probability focus
- For dev: systems programming and low-latency skills
- Show interest in specific asset classes or markets
- DRW values entrepreneurial thinking - show initiative
FAQ
