A prop trading firm, otherwise referred to as a prop trading firm, is a type of financial institution that deals in securities using its own funds without the need to solicit clients’ funds.
Over the past few years, the prop trading firms sector has significantly evolved, primarily due to technological developments.
The proprietary trading (prop trading) industry has experienced significant growth over the last decade. As more firms enter the market, competition has intensified, requiring both newcomers and established players to adapt in order to thrive.
The evolving prop trading market has witnessed revolution-bring changes over the years. Suffice it to say that technology has played a cardinal role in this phenomenon.
The prop trading industry has evolved beyond recognition since it was founded. And this can be attributed to technological advancement in recent times.
The competitive and ever-changing environment of FX prop trading denotes a need for discipline amongst its practitioners.