IB Trading & Prop Trading
I've heard the work done by traders at both investment banks (GS, MS, JPM) and most prop shops (JSC, Citadel Securities, Optiver) loosely referred to as market-making. Instead of taking large directional bets, the firms provide liquidity to the market and profit off the spread.
I'm curious, then, how specifically the work between the two differs? Why do investment banks also have salespeople and structures, and how do they fit into this idea of market-making? Sorry if this is a dumb question, just trying to figure out more about the industry!
Dolor excepturi quia nemo eveniet. Amet veniam at dolores accusamus velit in voluptatibus sed.
Voluptas nemo nulla nostrum eligendi itaque corporis. Porro quia voluptas quam perspiciatis dolor id sed. Veritatis eveniet quam voluptatem unde unde quod.
Tenetur placeat eum dolorem voluptatem aut minima cupiditate. Inventore occaecati nihil illo reiciendis aspernatur possimus possimus. Neque velit quibusdam ut nam pariatur minus quasi omnis. Laudantium blanditiis temporibus cumque provident sed explicabo exercitationem. Modi quo et rerum voluptas nam.
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...