An Overview of Prop Desk management
Prop desks are traders who buy and sell securities on behalf of the company they work for, rather than for that company’s clients. Prop desk management usually holds limited partnerships in which the firm puts its own capital into the market instead of investing the client’s capital. Lares Fintech ensures that it use high-class technology, strategy, and expertise to sustain itself in the prevailing competitive markets. Lares fintech functions as major liquidity providers or market markers to the capital marketplace.
Prop Desk involvement in the Stock Market
Proprietary trading or prop trading 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. In order to set up a trading firm you need to have knowledge in finance and economics. This is because Prop Desk in the stock market of Lares Fintech is nothing but financial markets’ trading firms and hence, education or sound knowledge in finance/economics is essential.
Prop Desk trading in India: Legal or illegal
To stabilize the depreciating rupee, the Reserve Bank of India has prohibited banks from trading on their own behalf in the currency futures and exchange-traded currency options till further orders. However, banks can trade on behalf of their clients, it said. In order to enter a Prop Desk trading firm one should have a financial degree like MBA (Masters in Business Administration) in finance or any certificate course in trading respectively. Also, Lares Fintech has stated that one can trade in Prop Desk management in India if he or she has a CFA (Chartered Financial Analyst) degree.
One of the leading Prop Desk management company
We at Lares Fintech work with a group of highly experienced IT Quant and senior market makers. They hold high business experience in systematic trading from the most prominent financial institutions. It also helps us in becoming the best prop desk management company in India. Lares Fintech is the best prop desk management company which fully includes a cross-asset solution for investment management. It helps in controlling STP (straight-through-processing) to easily handle and complete reading life rounds of buy-side companies. Starting from portfolio management to risk management and compliance and middle and back office operations.