DriveWealth Institutional

DriveWealth Institutional has a trusted institutional track record and a presence on the floor of the New York Stock Exchange.

DriveWealth Institutional (DWI) is the newly launched institutional division of DriveWealth Holdings, Inc. It was formed with the acquisition of Cuttone & Co. and led by CEO Donato J. Cuttone, a member of the NYSE National Exchange. Donato and his experienced team have a strong institutional track record and a presence on the floor of the New York Stock Exchange.

In addition to the company’s core expertise as one of the world’s most respected broker dealers, the service offering continues to expand, and enhance the institutional client’s brokerage experience. Institutional direct market access, custom algorithmic trading strategies, prime brokerage, options execution, and fixed income trading are the firm’s foundational offerings.

Our mission is to provide the highest quality institutional execution experience with full transparency and the fullest commitment to satisfying our partner’s sophisticated needs, while strictly adhering to the market’s exacting regulatory standards.

In addition, we have built and operate a uniquely configured digital infrastructure affording our clients great flexibility in the routing and execution of order flow, while maintaining strictest compliance with NYSE, FINRA and SEC rules and regulations.

Execution Quality and Price Discovery

DriveWealth Institutional enables our partners to leverage the benefits of being connected to a variety of execution points through our sophisticated trade execution technology that has previously only been accessible to institutional investors.

DriveWealth Institutional provides access to a network of institutional trading partners on our highly scalable, configurable, and redundant electronic trading infrastructure. We will provide you with best execution and performance reports which provide full transparency in strategy visualization, venue performance, benchmark performance, and trade expense.

Electronic Direct Market Access and Custom Configured Routing Solutions

We built and operate a uniquely configured digital infrastructure. We offer our clients access to the following destinations via our 15c-3-5 compliant Market Access Gateways:

Equity Routing Statistics

4 Exchange Memberships
3 ATS Subscriptions
15 Domestic/International Broker Relationships
4 Single Point Dealers/Internalizers
10+ Interdealer Desks
150+ Algorithms/Routes

Market and Regulatory Expertise

DriveWealth Institutional has over 35 years of experience on the NYSE floor and has built relationships with institutions across the market. As an active DriveWealth partner, you will have direct access to the expertise of this Institutional team.

You will have access to information on:

Point of sale 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
trading performance and any issues
real-time market conditions, trends, and
regulatory and jurisdictional issues that could affect the market

Still have questions?

Great. Contact us today and we’ll be happy to answer them.

Brokerage services and investment products provided by DriveWealth, LLC. The availability of brokerage investment products may vary by country. Nothing on this website is an offer to sell or a solicitation of an offer to buy securities, products or service, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Any company stocks and ticker symbols that appear on this website are for illustrative purposes only and do not constitute a recommendation for a particular security. All investments carry risks. Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. You should consider your investment objectives, the risks involved, and consult with your investment and/or tax professional about your specific circumstances prior to making an investment decision. Brokerage investment products: Not FDIC Insured * No Bank Guarantee * May Lose Value. API stands for application program interface. An API specifies how software components should interact. Our suite of APIs allow our partners to build applications that connect to our brokerage platform. DriveWealth’s patent-pending Fracker® technology democratizes investing by enabling investors to purchase a fractional share of a stock, which is less than a single share. For example, if a stock is trading at $1,800 per share, the Fracker® has the ability to break this into multiple fractional shares out to 8 decimal places, so retail investors can buy what they can afford – if that’s $1 or $100. DriveWealth’s technology tracks the fractional ownership amounts, and ensures investors receive trading confirmations, statements, and tax reporting for only the fractional share of the investment. DriveWealth’s unique Fractional share program allows you to purchase securities in dollar amounts rather than share quantities. Please be advised that trading in fractional shares has unique risks and limitations that you should understand prior to participation in DriveWealth’s Fractional Share Program. Visit legal.drivewealth.com for full disclosures on fractional share trading. Loyalty rewards programs may encourage specific consumer habits. DriveWealth, LLC facilitates execution of the loyalty rewards program offered by your introducing broker, advisor, and/or card issuer. All rewards processed by DriveWealth are in the form of buy orders for equity securities; merchant credits and cash back programs are not provided by DriveWealth. Participating in a loyalty rewards program may have unintended consequences related to your brokerage account maintained at DriveWealth including, but not limited to, concentration in a particular security. DriveWealth makes no determination as to your eligibility to participate in a loyalty rewards program or the suitability of the investments obtained through such loyalty rewards program. Please consult with your introducing broker, advisor and/or card issuer for the specific terms and conditions of your loyalty rewards program.