The DWI team is made up of some of the most highly skilled and experienced veterans in the securities industry today, and has core expertise in event-driven, risk arbitrage, pair trading and corporate action trading. Through DWI, we offer custom algorithmic trading strategies, prime brokerage, options execution, and fixed income trading, as well as unique order types that are only available to floor brokers on the NYSE.
Our partners benefit from DWI’s point of sale presence on the trading floor of the NYSE, plus:
- Trading performance and any issues
- Real-time market conditions and trends
- Regulatory and jurisdictional issues that could affect the market
- Weekly market insights from our Chief Market Strategist
- Real-time information for:
- NYSE listed IPOs
- Limit Up / Limit Down (LULD)
- Market-wide circuit breakers (MWCB)
- Daily end of day email on the closing imbalance
Other providers may claim to be full service, but they route orders to market makers. DriveWealth owns execution down to the point of sale and routes orders for best execution, so that your customers can get the best possible price for their transactions.
Our Fracker™ system* carries an inventory of every security that is traded on our platform. Every fractional share order** is executed in real time on a principal basis at the National Best Bid and Offer (NBBO). If your customer buys more than our inventory holds, we can execute streetside via DWI.
DWI’s uniquely configured digital infrastructure offers great flexibility in the routing and execution of order flow, which is critical in volatile or unprecedented market conditions, and provides retail investors with execution quality and price discovery previously available only to institutions and ultra-wealthy investors. DWI can provide our partners with execution and performance reports that offer full transparency in strategy visualization, venue performance, benchmark performance and trade expense.