Sentence examples for prop Trading from inspiring English sources

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The administration says that if a firm wants to continue prop trading (as Goldman Sachs might) it will lose the privileges banks get, such as federal deposit-insurance and access to the Federal Reserve's discount window.

The company was founded by Mike Cagney, a former head of prop trading at Wells Fargo, and raised its initial financing in 2011 — a $4 million Series A funding with participation from Baseline Ventures and Innovation Endeavors, according to CrunchBase.

Market volatility in 2008 spelled riches for "prop trading" maverick: Schonfeld Group's total revenue reached $570 million that year, up 86% from 2007 as traders profited from securities dumped by skittish investors.

Taylor was the hotshot commodities prop trading boss at Credit Suisse (focusing on energy), and Woods was the head of energy arbitrage.

JPMorgan flatly denies it's doing prop trading with its CIO desk.

In the go-go years such "prop trading" made profits fizz: Deutsche's shares traded at twice the value of its tangible net assets.An outsized FICC business now seems like a liability, however.

"This year we saw Goldman Sachs divesting its prop trading desk.... Now we'll see it on a fuller scale".

A spinoff of the prop trading unit would largely mirror a plan by Morgan Stanley to sell a majority stake in FrontPoint Partners, a Greenwich, Conn., hedge fund it bought in 2006, to the partners.

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Benn Steil, an economist at the Council on Foreign Relations, told me that, if bank deposit insurance didn't exist, he would consider an investment with Goldman's prop-trading desk safer than one with a Midwestern bank that would turn around and lend it to local businesses.

(Under Dodd-Frank, foreign firms like UBS can still run prop-trading desks abroad).

This is the Friday night party to attend, but I'm up early tomorrow as we have a great session with Bill Gates for the WEF Young Global Leaders, and I am sure he won't mention "Glas-Stiegel" or "prop-trading" but will focus on health and the issues facing the world.

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