DRW

Cumberland Global Head Jason Leung Latest to Leave Crypto Trading Firm

Jason Leung, global head of Cumberland, the cryptocurrency-focused unit of Chicago-based trading giant DRW, is leaving the firm. He will…

Coinbase Shutters High-Speed Crypto Trading Division, Axing 30 Jobs

Cryptocurrency exchange Coinbase is shutting down the Chicago office it opened a year ago, eliminating 30 engineering jobs. The San…

Crypto Trader Cumberland Upgrades from Skype to Wall Street Interface

Cryptocurrency market maker Cumberland is modernizing the way it handles over-the-counter (OTC) trades with clients. Announced Tuesday, the unit of…

OTC Desks Proliferate as Volume Shifts From Spot Markets

While trading volume on the top cryptocurrency exchanges declined dramatically during the second half of 2018, all signs suggest that…

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