proprietary trading

"Proprietary trading is not the core of what banking is about, " he said.

The bank also plans to pull out of fixed-income proprietary trading in the US and combine its equity and debt underwriting operations.

However, JPMorgan insiders said the proprietary trading unit had nothing to do with that trade, which was undertaken on behalf of a client.

Mr Keen had managed one of the bank's proprietary trading desks for almost three years before being made redundant in 2005.

Proprietary trading involves transactions made on behalf of the bank rather than its customers .

Proprietary trading ought to be financed out of a bank 's own capital .

Proprietary trading, in which Goldman makes bets with its own capital, accounts for about 10% of its profits.

US regulators are pressing for a strict definition of proprietary trading, which is to be banned by the Dodd-Frank financial reform.

Banks will be banned from what is called proprietary trading - effectively taking bets on financial markets using its own money.

It announced it was hiring a group of nine traders from Goldman, who used to trade the firm's money from a 'proprietary trading' desk.

He's talking about proprietary trading desks, the majority of which have been closed down or spun off in the last two years.

Goldman Sachs will be hardest hit: it derives at least 10% of its revenue from proprietary trading.

Proprietary trading and investments are a small part of most big banks' activities and played only a minor role in the crisis.

Perhaps most stunning was that C&D Commodities was going to teach proprietary trading concepts.

The bill would prohibit proprietary trading if it put the firm's safety and soundness at risk.

If brokerage and banking are 'systemically important, ' they cannot be married to proprietary trading.

Among the big investors in this debt were Western hedge funds and investment banks' proprietary trading desks.

To boost returns, Wall Street banks also took greater risks in the form of proprietary trading and private equity investments.

Cohn took pains to dispel the image painted by rivals of Goldman Sachs as a giant hedge fund that depends on proprietary trading.

And Goldman appears to have booked solid proprietary-trading profits alongside increased client activity.

Like its rivals, JPMorgan is believed to be looking also at closing its equity and fixed-income proprietary trading units.

Mr. Dennis and his associates will train a small group of applicants in his proprietary trading concepts.

There are clearly uncertainties: what capital requirements are ultimately going to be or what type of proprietary trading will be allowed.

Under the so-called "Volcker rule" , riskier proprietary trading operations would be separated from more traditional banking.

Investment banks have reduced their proprietary trading operations while hedge funds no longer have ready access to credit.

Dresdner's investment bank will not be the only one to slim down riskier activities such as proprietary trading.

But there has to be an internal firewall that separates proprietary trading from commercial banking.

It also warned of problems ahead, with further deterioration expected in some of its proprietary trading positions.

The final step would be to force investment banks to halt pure proprietary trading and to divest their asset management arms.

A crude ban on proprietary trading may well be the best modern equivalent of the Glass-Steagall division.

Priorities have seemed to differ: France and the UK have emphasised incentive structures; the US the dangers of proprietary trading.

Retail brokers, institutional investors, proprietary trading firms and automated market-makers also deploy them.

The nature on the beginning of your line for your teeth, after proprietary trading.

The final step would be to force investment banks halt pure proprietary trading andtodivest their asset management arms.

These proprietary trading desks, usually focused on similar opportunities to hedges, could use higher leverage to make bets.

BHF is a small universal bank with corporate-lending, corporate-finance and proprietary-trading operations.

The White House produced formal legislation that would restrict some banking activities, such as proprietary trading.

After that comment, BofA pared back its proprietary trading activities and sold its prime brokerage business serving hedge funds.

Nervy clients have cut back on trading, and banks are under regulatory pressure to reduce their proprietary-trading activities.

If banks are forbidden to indulge in proprietary trading, their employees may decide to decamp to the hedge-fund industry.

Proprietary trading desks at investment banks (in-house hedge funds) have been shut down.

The Volcker rules, passed as part of the Dodd-Frank reform package, will ban proprietary trading by all US banks starting in July 2012.

most HFT firms have already incurred the fixed costs of developing their proprietary-trading platforms.

Goldman says that 10% of its revenues come from proprietary trading, well above rivals' shares.

Compared with these disasters, proprietary trading losses are rounding errors.

The so-called Volcker rule will limit banks' proprietary trading and investment in hedge funds and private equity.

Proprietary-trading desks have been closed or are being spun off, as are hedge funds.

The industry has defied gravity by using debt, securitisation and proprietary trading to boost fee income and profits.

Tougher rules on capital will hurt banks'return on equity and could yet push them out of profitable areas such as proprietary trading.

'You can choose to engage in proprietary trading, or you can own a bank, but you can't do both, ' the official said.

The big banks are also client-oriented, and not tied to proprietary trading and investments, he says.

The first, from Paul Volcker, is banning of proprietary trading by insured institutions.

The imminent imposition of the Volcker rule restricting proprietary trading threatens a big profit engine.

They exploit knowledge of their customers' order books to make money on proprietary trading.

He has talked of capping their leverage and their latitude to indulge in proprietary trading but not defined what this means in practice.

One reason: Wall Street firms are pulling back from their own 'proprietary' trading, meaning less competition.

One is proprietary trading, in which they bet their own capital on movements in the markets.

"We have a number of proprietary trading houses and these guys really fancy our service. "

He also said a drop in equity trading could hit Goldman because of the firm's heavy reliance on proprietary trading.

There is no proprietary trading.

Everything from executive pay to proprietary trading to how banks manage risk is on the table for review.

We don't make loans and we don't have prop [proprietary] trading desks.

Investment banks neglect new issues because the fees cannot compare with more lucrative activities such as proprietary trading.

Many of the act's rules on proprietary trading, for example, apply to US banks globally.

The rule would limit proprietary trading at banks and restrict the investments they can make in hedge funds and private equity.

such commercial interests , together with proprietary trading activities , form the basis of an active hong kong dollar market.

which restricts banks' "proprietary" trading, or punting with their own capital in markets

There are some less-than-convincing bits: banning banks from proprietary trading feels good but won't make them much safer;