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Kitno


Total Posts: 337
Joined: Mar 2005
 
Posted: 2017-04-08 02:27
Has anyone else noticed a discernible increased interest in bank 'prop' credit trading in Europe in the last 6 months? Like with 10-25% of 'risk' of old...the quotations give the gist.

One of the best ways to kill the conversation is with "so if I were to put on this trade [x], how would you feel and who would need to be involved?"

"The reputation of a firm is like a very delicate living organism which can easily be damaged and which has to be taken care of incessantly, being mainly a matter of human behaviour and human standards." - Warburg

Cheng


Total Posts: 2803
Joined: Feb 2005
 
Posted: 2017-04-09 12:12
Not exactly 'prop' and not in credit, but I heard of some desks that engage in 'p&l optimisation' these days. Lower limits of course but still... some market makers also tend to hold a bit mor inventory than necessary... what a pity that the expected customer demand didn't realise in the end!

"He's man, he's a kid / Wanna bang with you / Headbanging man" (Grave Digger, Headbanging Man)
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