A firm's proprietary trading desk executes trades solely for the benefit of the firm.
While JPMorgan had already returned $1 billion belonging to customers and $417 million in the firm's proprietary funds, it attached a lien to the latter payment.
The agency's charges stem from Merrill's equity strategy desk, which ran the firm's proprietary trading operation from 2003 to 2005.
One asset held firm: the proprietary air that lurks in families who arrived in New England in the first decades of the sixteen-hundreds.
Ikos fired back that investigations were needed to protect the firm's proprietary technology, which it accuses Mr Coward and his "acolytes" of trying to "misappropriate .Divorce courts are not the only ones to worry the industry at the moment.
THE arrest of a former Goldman Sachs employee in July for allegedly stealing the firm's proprietary computer codes thrust the arcane world of high-frequency trading (HFT) into the spotlight.
Hewlett Packard showed off the Indigo 7000 colour press, which uses the firm's proprietary oil-based electrostatic inks to achieve outputs of 4m or more colour pages a month.Such performance puts digital presses well into offset territory.
But when asked to explain himself, Mr. Pu said he was only uploading personal information from his Citadel computer, and not the firm's proprietary trading information, the complaint says.
Babbage applauds Company A's efforts, but believes the firm's proprietary know-how could do wonders outside the narrow confines of finance for the public in general and for high-tech in particular.
During 2007, according to some reports, they also encouraged the firm's proprietary traders to short the sub-prime market — a strategy that paid off handsomely when the market collapsed.
Nothing so crude as "front-running" (putting through your own orders before your customers', so that you benefit from any price effect), to be sure; but knowing about the direction and magnitude of orders can be crucially important to any firm's proprietary trading.
