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One is proprietary trading, in which they bet their own capital on movements in the markets.
HFT is a catch-all term for ultra-fast electronic trading in which participants hold positions for short periods.
The group has gained prominence as high-frequency trading, in which computer models execute lightning-fast trades, has become a common strategy among hedge funds.
In the interests of curbing institutional risk-taking, Dodd-Frank rightly takes aim at derivatives and proprietary trading, in which banks make bets using their own money.
In particular, Mr. Stone said, he thought the rise of proprietary trading, in which banks trade their own capital, had changed the cultures of the largest investment banks.
Reliant, based in Houston, has said it engaged in round-trip trading, in which power was bought and sold at the same quantity and same price.
Similar(14)
Nor did he apologize for the political horse-trading in which he was so adept.
Last week's Senate horse-trading, in which kids' Christmas cheer was served up to the cross-benchers to achieve the long-term cruelty of temporary protection visas, epitomises Australia's lack of real political leadership on the issue of asylum seekers.
Was it a "fat finger" trade in which somebody had mistakenly entered "billion" instead of "million"?
About 2 percent of potential trades in which teams exchanged starting players would improve both teams, the paper found.
It was the first time that the government had brought charges stemming from trades in which Mr. Cohen was involved.
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