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Chicago trading giant DRW snaps up Texas rival

from Crain's Chicago Business

DRW Holdings, which operates one of the largest trading firms in Chicago, has agreed to buy an Austin, Texas-based firm, RGM Advisors, the firms said in a joint statement. DRW, led by founder and CEO Don Wilson, will add RGM's approximately 70 employees in Austin to DRW's existing 750-employee operation, which is based at a West Loop headquarters, but also has offices in New York, Montreal, London and Singapore. more

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