Meaning of “proprietary trader” in the English Dictionary


"proprietary trader" in Business English

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proprietary tradernoun [ C ]

uk us 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:

A prop trader at Deutsche Bank lost $1.8bn in 2008.

(Definition of “proprietary trader” from the Cambridge Business English Dictionary © Cambridge University Press)