Changing face of prop FX
FRONT PAGE NEWS
LONDON -- The role of the proprietary FX trader is changing in response to increased price transparency, market participants told FX Week.
Traders are increasingly taking risk across more products, referring more to market strategy and turning to FX derivatives for speculative trading, said banking officials surveyed by FX Week.
"Prop FX is now more than just a couple of traders sitting at screens and taking risk," said one global FX head at a bank in London. "Markets are more transparent so you
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