Prop traders continue shift to independents
Firms such as Infinity Capital Markets in London have been quick to take advantage of the opportunities presented by the current climate. Infinity has gone from a start-up business in FX, with just one FX trader, a year ago to a team of 17 in forex and short- and medium-term interest rates today.
"The history of this firm is as an equity prop trading house: for 18 of its 23 years it exclusively traded equity products," said Grant Ashton, managing director of Infinity in London. "The partnership
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