Could someone provide some insight as to how the Bank's prop trading businesses function.
1) Do they allocate strategies to different traders and let them run 1-man "hedge-funds" essentially?
2) Do traders work in teams or in silos?
3)To what extent are prop traders positions micro managed within the context of firm-wide risk-management?
4) For OTC products, why are there both Flow and Prop desks when flow traders have discretion to make directional positions?
Trending Content
Career Resources
x
I sometimes think I do. I know that within Goldman (eg Global Alpha) prop trading is just an internal quant hedge fund. Is that the case amongst Citi, RBC, MS, CS, JP etc?
x
I meant to say in the past. I know about the legislation. I just wanted to know how they have been managed before and now, since noone has made any serious changes as of yet.
bank prop desks are just like normal hedge funds, except they fund cheaper.
So prop desks are just 1 man silos that are assigned to trade a certain product? Essentially 1-man hedge funds, or does prop desk typically refer to a team?
this cool website called google was launched not too long ago.
also latest headline on Bloomberg was: "JPMORGAN said to shut all remaining prop trading desks."
HI GARY!!!
Nostrum aliquid suscipit dolores autem ea enim asperiores. Ipsum repellat provident reprehenderit fugiat. Aut consequatur suscipit unde sequi et et. Sit eligendi dolores velit qui molestias.
Placeat qui asperiores ullam dolores sed corrupti. Vero consequuntur dicta et. Officiis eos voluptatem animi est ut sequi. Quas eaque sunt rem ex.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...