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

Inaugural Screening of “Winds of Change” documentary
Marios Tannousis: Cyprus was ready at the right time to respond to the needs of businesses
Documentary "Winds of Change" to premiere in Cyprus
Cyprus Writers Center PEN President elected Head of PEN International Committee
Startup guru Tal Catran on boosting Cyprus’ startup scene and the one factor that will attract Israeli investors
Greg Kamperis appointed General Manager for Philip Morris Cyprus & Malta
Dr Marios Americanos: We have an excess of academic institutions based on the number of university students
Committee to decide on Costas Kadis' appointment as European Commissioner on 6 November
Loukas Lagoudis appointed Member of CySEC Board
President congratulates Demis Hassabis on Nobel Prize in Chemistry