Is it possible for a company to outsource its trading activity to multiple traders online? Essentially, can a company create multiple accounts for each trader in their employ and provide each of them with a sum of money (the sum may vary from trader to trader) to trade with? Is there a way to do this? This way it is still proprietary trading but online, not offline.
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@nithin sorry for ping but do you think you could throw some light on this?
Yeah possible. But you will need to become a brokerage firm yourself. As a broker, you can create dealing terminals and allocate capital to each of the dealers from your overall capital. This is how prop brokers work.
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Thank you. That clears up the doubt I had. Unfortunately I think that also puts an end to a business idea I had with my friends.