People category powered by

Omri Nir: Prop trading a key trend for brokerage industry in next couple of years

07:02 - 13 July 2024

People Financial Services

Propriety trading – aka prop trading – will be a key trend impacting the brokerage and CFD industry in the next couple of years, according to Omri Nir, Sales and Business Development at Panda Trading Systems.

Speaking to CBN on the sidelines of iFX Expo International that took place at City of Dreams Mediterranean in Limassol in June, Nir said he was attending the expo in hopes of meeting new people of the industry, seeking out new collaborations and onboarding customers.

He also spoke of a “new wave of prop trading” – which occurs when a trading desk at a financial institution, brokerage firm, investment bank, hedge fund, or other liquidity source uses the firm's capital and balance sheet to conduct self-promoting financial transactions.

Panda Trading Systems is an Israeli brokerage company with offices in Cyprus.

Watch the full interview below:

News Feed

Read More

Consulco welcomes Christoforos Kittenis as Director at London Credit
Columbia Group appoints Simona Toma as Chief of Maritime HR
How Wizz Air pilot Oana Mocan is flying high in a male-dominated industry
Sotiris Anastasiadis: HELLENiQ ENERGY consistently invests in the Cyprus market
Stefan Nolte notes rise in British companies relocating to Cyprus
Sumosan to open at The Landmark Nicosia (pics)
Marios Cosma: Recently announced tax reform "balanced and business-friendly"
Cyprus’ government “heavily invested in creating a thriving environment for tech companies like Criteo”
Chief Scientist presented with Global Leader award in London
Simon Pitout: We have the experience, connections and expertise to transform Limassol into a key port of choice (vid)