I'm inquiring about the legality of prop trading. I want to know if it is considered illegal or not.
5 answers
VoyagerSoul
Tue Dec 10 2024
Their main focus is to provide liquidity and facilitate transactions for their clients.
CryptoElite
Tue Dec 10 2024
The Volcker Rule is a regulation that restricts the activities of banks and institutions that own a bank.
Paolo
Tue Dec 10 2024
It prohibits these entities from engaging in proprietary trading, meaning they cannot trade for their own accounts or profit from market movements.
KpopHarmonySoul
Tue Dec 10 2024
Additionally, the rule also bans banks from investing in or owning hedge funds or private equity funds.
BitcoinBaron
Tue Dec 10 2024
From a market-making perspective, banks prioritize customer satisfaction.