DRW Securities

“All profound distraction opens certain doors. You have to allow yourself to be distracted when you are unable to concentrate.” - Julio Cortázar Sometimes we are working one research project, get a call and then need to go chase a squirrel that is part of a different research project. This is one of those squirrels... And as such, it's a chart that causes a reaction - but, we're not ready to say precisely what our reaction is (title and title image to this post notwithstanding), nor what that might mean. So - like many teasers - we're going to drop it here for now, and then follow up later, except for this: Significant growth in assets is not necessarily indicative of a corresponding increase in profitability, but there may be advantages as a result of scale. Let's see if we can make a stronger case, one way or another, and then come back with that... BTW, the dotted lines signify missing reports...