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Coinbase Completed $100M Transaction to Test Proprietary Trading: Report

by Source in article
September 23, 2022
in Bitcoin
0
Coinbase Completed $100M Transaction to Test Proprietary Trading: Report

Proprietary trading is when a firm engages in trading of stocks, bonds, currencies or commodities using its own money as opposed to that of its clients. Such activity is fraught with risk and the potential of conflicts of interest for the financial firm should its trades have an effect on the prices of those assets, which could in turn hurt its clients.

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