Complex Volcker rule proposals spawn controversy
Anything that tries to delineate proprietary trades from market-making trades and legitimate hedge trades is going to be complex. You have to give the regulators credit for even taking this on. We're
Can prop trades be disentangled from client trades?
We've wondered before whether it is really possible to strictly differentiate proprietary trades from client trades. It may have been a tad easier before the Volcker Rule, if the bank ran separate
Should exchanges fear the Volcker rule?
When talk of the Volcker rule really heated up, a great deal of uncertainty cropped up and tanked a lot of stocks, including exchange stocks. The general fear is that liquidity and trading volume
Can you separate prop trading from agency trading?
The Volcker plan appears to be an effort to force banks to choose--either be a traditional consumer-oriented bank or another type of bank that engages in proprietary trading and other activity that
What to make of Wall Street risk?
The top investment banks have been saying loud and clear that the trading risks they're taking on these days stem from agency trades not so much proprietary trades. But a Reuters columnists thinks
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