Remove 2023 Remove Profitability Remove Proprietary Trading
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Prop trading firms turn to Middle East as they consider leaving Europe in the wake of IFPR

The TRADE

Both the US and Switzerland were popular amongst lower latency trading firms, said Acuiti. Looking at the most recent findings, the first half of 2023 has proved “challenging” for prop trading firms, said Acuiti, which highlighted “the back of a drop in volatility, rising costs and increased regulation”.

Trading 110
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Aquis’ diversification strategy a significant factor in strong H1 results

The TRADE

Aquis reported a 17% increase in its net revenue at £9.7million for the first half of the year, and a profit of 1.1million before tax, up 64% from the previous period. Read more: Aquis Exchange acquires minority stake in US block trading start-up OptimX Markets Aquis markets currently holds a 5.1%

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Avelacom enhances low latency service offering following authorisation from Brazil Stock Exchange

The TRADE

An Acuiti report from March found that almost 68% of proprietary trading firms are planning to trade on new exchanges in 2024, with Brazil touted as a main area of focus, along with Asia-Pacific.

Stock 64
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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

These measures included mandates for constraints on proprietary trading (known as the Volcker Rule), and enhanced supervision of derivatives markets, as well as increased capital reserves. On 30 June 2023, Livor was replaced by the Secured Overnight Financing Rate (SOFR).