Home CryptocurrencyBitcoin Coinbase completes $100 million transaction to test its own trading: Report

Coinbase completes $100 million transaction to test its own trading: Report

by SuperiorInvest

Proprietary trading is when a firm engages in the trading of stocks, bonds, currencies or commodities using its own money as opposed to the money of its clients. Such activity is fraught with risk and a potential conflict of interest for the financial company should its trades affect the prices of these assets, which could subsequently harm its clients.

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