Salary guide · source review dates beside each figure
DRW salary and compensation
DRW’s New York quantitative-research posting lists $200,000–$300,000 base, and its quantitative-developer posting lists $175,000–$250,000. The roles belong to different skill tracks even where both work closely with trading teams.
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DRW pay by role
2 employer disclosures · USD · base pay, not total compensation
| Firm / role | Location / scope | Published base pay | Bonus / source |
|---|---|---|---|
| DRW Quantitative Researcher | New York Experienced · See research requirements | $200,000–$300,000 / year | Bonus is separate from the published base; see the employer’s terms. Employer postingDisclosure reviewed 2026-10-11 |
| DRW Quantitative Developer | New York Experienced · Quantitative development | $175,000–$250,000 / year | Bonus is separate from the published base; see the employer’s terms. Employer postingDisclosure reviewed 2026-10-11 |
Base, bonus and the offer you should compare
Identify the team, products and balance between research and implementation. Both cited roles describe discretionary bonus eligibility, with the eventual package depending on your qualifications.
First-year cash
Add base salary, signing money and a written guaranteed bonus. Keep a discretionary target separate and check whether signing or relocation money must be repaid if you leave.
Recurring compensation
Remove one-time payments, check whether guarantees expire, and ask how performance pay is assessed. Compare the same office, currency, seniority and job responsibilities.
Preparing for a role at DRW
Research candidates should focus on statistical modelling and testing ideas. Developers should prepare production-quality coding, system design and the numerical work required by the target team.
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Compare DRW with other firms
Use these guides to compare role-level pay, responsibilities and preparation.
Compare published salaries side by sideSalary questions, answered
How much does DRW pay?
DRW’s New York quantitative-research posting lists $200,000–$300,000 base, and its quantitative-developer posting lists $175,000–$250,000. The roles belong to different skill tracks even where both work closely with trading teams.
What is DRW’s new-grad salary?
The figures above are not a universal graduate-pay band. Match the exact intake, office and role in your offer. Identify the team, products and balance between research and implementation. Both cited roles describe discretionary bonus eligibility, with the eventual package depending on your qualifications.
Does DRW salary include bonus?
Identify the team, products and balance between research and implementation. Both cited roles describe discretionary bonus eligibility, with the eventual package depending on your qualifications. Treat base, signing payments, guaranteed bonus and discretionary bonus as separate items when comparing first-year and recurring compensation.
How should I prepare for DRW?
Research candidates should focus on statistical modelling and testing ideas. Developers should prepare production-quality coding, system design and the numerical work required by the target team.
How to read these salary figures
A posting is one observation
Each row links to an employer disclosure and identifies the role, location, pay period and review date. A posted range is not a measured average of employee earnings, an accepted offer, or a hiring guarantee.
Keep base and bonus separate
Base pay excludes discretionary bonuses unless the source explicitly says otherwise. We do not estimate an undisclosed bonus or turn a base range into a total-compensation claim.
Match the role and pay period
Compare the same location, experience requirements and work period. Internship rates remain in their original units. An annualized rate is not the summer paycheck: use the paid duration to estimate program earnings. See the internship pay examples.
Check the original source
Each disclosure has its own review date. When a later check finds a role is no longer listed, we keep its historical pay with that status beside it and exclude it from the summary ranges and charts. A review date is not a promise the job remains open. This is a selected set of postings, not a representative salary survey.