Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “proprietary trader”

proprietary trader

noun [C]
 
 
( also prop trader) STOCK MARKET, FINANCE
an employee of a financial organization who uses the organization’s money to trade in shares, stocks, bonds, etc. in order to make a profit for the organization rather than for its customers: The proprietary traders traded company money to increase bank profits and their own paychecks. A prop trader at Deutsche Bank lost $1.8bn in 2008.
(Definition of proprietary trader from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of proprietary trader?
Add Cambridge dictionaries to your browser to your website

Word of the Day

be in/out of luck

to be able/unable to have or do what you want

Word of the Day

A certain je ne sais quoi: French words and phrases used in English

by Liz Walter,
January 21, 2015
It is an odd irony that the more sophisticated your use of English is, the more likely you are to use French words and phrases. Or, to be more accurate, ones you know to be French – words such as ballet, au pair, abattoir, fiancé, café, and restaurant are so entrenched in

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More