Bank Prop Trading

Discussion in 'Trading' started by intuit2k2, Aug 19, 2010.

  1. intuit2k2


    Can somebody provide some insight as to how bank's manage their proprietary trading. Do prop traders work in silos or teams? Does each trader get assigned a strategy or does the firm give each trader discretion. How much of what you do as a prop trader is micro-managed? Also any insight on why bank a S&T desk that trades CDS and had a seperate desk that prop traded CDS. Isn't that redundant since the OTC business allows flow traders to take prop positions?