Cryptocurrency Q&A
Do banks have prop traders?
Do banks have prop traders?
Martino
Sun Dec 08 2024
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7 answers
2031
I am curious if banks hire proprietary traders, also known as prop traders, who trade financial instruments with the bank's own funds, taking speculative positions in the market to generate profits for the bank.
7 answers
KpopMelody
Tue Dec 10 2024
During the past era, banks frequently operated proprietary trading desks as a common practice.
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LightningStrike
Tue Dec 10 2024
These trading desks were integral parts of their operations, allowing them to engage in various financial transactions.
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Maria
Tue Dec 10 2024
However, as the editor has suggested, the FX market encountered numerous well-documented issues that necessitated a change in approach.
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KpopStarlight
Tue Dec 10 2024
These problems highlighted the need for banks to reassess their strategies and operations within the FX market.
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Carlo
Mon Dec 09 2024
Consequently, banks were compelled to shift their focus towards their CORE offerings.
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