Proprietary Trading Back In Favour As Banks Seek Areas Of Profitability
BANKS
Proprietary trading is experiencing an uptrend among major forex trading banks, say market participants. Several institutions have launched proprietary trading desks and recruited dealers in recent months, evidencing a return to proprietary trading after a brief downturn, say these sources.
Proprietary trading lost a lot of its former popularity several years ago, when slow forex markets led a number of banks to pare down these desks and even refocus the business away from proprietary dealing
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