Proprietary Desk

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Proprietary Desk

A group of traders that invest an investment bank's own capital, rather than the capital of the bank's clients. Proprietary desks may engage in high-risk transactions that can lead to large gains for the bank.
References in periodicals archive ?
Prior to the crisis, many midsize enterprises had access to finance from non-traditional funding sources such as mezzanine funds, proprietary desks of investment banks, and special funds.
The move comes as the bank prepares to comply with the mandate to shut down proprietary desks, which use the bank's own capital to trade.
These include ultra-low-latency market data technologies, Automated Trading Platform, trading infrastructure and order routing services to help hedge funds, proprietary desks and low-latency-sensitive sell side firms to take the lead.
Retail investors are strong sellers, which is shown by many of the small- to mid-cap stocks doing particularly badly, while the proprietary desks at foreign institutions are also selling.
One factor was the high-volume, high-speed flash trading algorithms that try to skim tenths and hundredths of pennies on trading opportunities and are conducted only by very large Wall Street institutions, bank proprietary desks and hedge funds.
It includes low latency market data technologies, algorithmic trading strategies development framework, infrastructure services and professional services for hedge funds, proprietary desks and asset managers as well as low latency sensitive sell side firms.
This includes ultra-low-latency market data technologies, algo-trading development frameworks, proximity hosting and order routing services for hedge funds, market makers, proprietary desks and latency-sensitive sell-side firms.
In his new role he will cover hedge funds, insurance companies, asset managers, bank proprietary desks and bank credit portfolio management teams, and will report to Patrick McKee.
The Fund seeks opportunities in the liquid European equity and credit spaces where a lack of other European based funds and proprietary desks has reduced the competitive environment.
By only including opening long ISE customer transactions, ISEE Select's sentiment index calculation may provide a more accurate reflection of true investor sentiment since trading activity by market makers and proprietary desks can often skew a sentiment value.
The result is that ISEE Select's sentiment index calculation may provide a more accurate reflection of true investor sentiment since trading activity by market makers and proprietary desks can often skew a sentiment value.
Algorithmic trading is embraced most enthusiastically on proprietary desks followed by direct market access as a percentage of all trades executed within each of those channels.