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Proprietary Trading ban it curb it restrict it

Ban proprietary trading, curb proprietary trading in order to tame proprietary trading and its proprietary traders!

Proprietary trading or prop trading as it is usually called was at the helm of the last financial crisis in 2008. Once again it is this very form of trading activity and that has engulfed the US trading firm MF Global in the month of October 2011. 

So what exactly is this proprietary trading? In simple terms it is the form of trading activity that financial institutions carry out in the world financial markets with their own money. The proprietary traders or the prop traders as they are so called speculate the movements of bonds, currencies, stocks and derivatives items. They do so by means of taking some amount of leverage activity. In no time does this speculation turns intoxicating and the prop traders go on over speculating with their firms' money. This over speculation goes hand in hand with a higher leverage activity on the side of the firm, giving it an over exposure to the systemic risk that looms at large on the world markets. When Lehman Brothers collapsed in 2008, it had a leverage of somewhere around 34. When MF Global Holdings collapsed in the month of October 2011, it was leveraged somewhere close to 40 times its actual worth. So when such firms collapse, they not just collapse themselves, but in turn they bring down the entire system with them to rubble and ashes.

I would be expressing my strong views and opinions on this topic in the coming blogs and would try to keep you updated with the news and happenings across the globe, related to this prop bomb that causes widespread systemic financial crashes and explosions !!!

7th Annual FIA Asia Derivatives Conference 2011

• What? The 7th Annual FIA Asia Derivatives Conference 2011
• When? 29 November - 1 December, 2011
• Where? St. Regis Singapore

FIA - Futures Industry Association

The 7th Annual FIA Asia Derivatives Conference 2011 is a one of its kind conference that involves programs, exhibitors and delegates of high class and quality. More than 150 firms worldwide send around 450 delegates to attend this annual event. The FIA Asia conference is the place where you get to network with executive level and other senior managers in the Asia Pacific region since they comprise nearly 76% of the delegate list.

Asia is considered as the fastest growing region in the world and this conference highlights, shares and discusses the trends and opportunities that are present here. Watch some of the leading players in regional markets debate the challenges in Asia of OTC clearing, the changing nature of the markets in a high-speed world, and the commodity markets next door to the biggest, fastest-growing consumers of commodities in history.

The Asset Management Conference 2011

• What? The Asset Management Conference 2011
• When? 30 November to 01 December 2011
• Where? IET London: Savoy Place

This conference is being organized by The IET (Institution of Engineering and Technology) and the IAM (Institute of Asset Management).

The IET and IAM annual Asset Management conference 2011 has for the first time made a call for papers for this event. The programme will feature presentations of accepted papers that have been submitted from various sector industries and academia.

The prime focus of this conference is to advance knowledge and share understanding and thinking on the management of physical assets and strengthen the link and bridge the gap between industry, academia and research. Workshops would be conducted to offer a truly international insight into best practice asset management.

Kindly refer to the event website for full details, pricing and how to register for the event.