List of Proprietary Trading Firms in 2023

Check out our comprehensive list of proprietary trading firms this 2023

By GI Team

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If you’re considering a career in proprietary trading or simply intrigued by the industry, your search ends here. We’ve compiled an extensive list of proprietary trading firms globally. Delve into our collection of links showcasing leading firms and acquire valuable insights into the proprietary trading landscape. Discover information about these companies, including their geographical locations and other pertinent details.

What is Proprietary Trading?

Proprietary trading, also known as “prop trading,” refers to the trading activities conducted by financial firms or banks using their capital, rather than client funds, to invest in various financial instruments such as stocks, bonds, commodities, currencies, or other assets.

The primary objective of proprietary trading firms is to generate profits directly from market activities, as they retain 100% of the returns generated by their trades. These firms often employ sophisticated trading strategies, algorithms, and technology to identify and capitalize on market opportunities, which can include market making, arbitrage, and other forms of financial speculation.

Proprietary trading is a significant factor in the financial markets, and it has witnessed significant evolution driven by regulatory changes, market trends, and the pursuit of profit. The practice allows financial firms to maximize their profits, as they can keep 100% of the investment earnings generated by proprietary trades.

However, it is important to note that there are restrictions against large banks engaging in prop trading, designed to limit the speculative investments that contributed to the 2007-2008 financial crisis.

How Proprietary Trading Firms Operate and Their Primary Objectives

Proprietary trading firms operate by investing their capital in financial instruments like stocks, bonds, commodities, currencies, or other assets. They employ various trading strategies, such as market making, arbitrage, and speculation, to generate profits from market activities. The primary objectives of proprietary trading firms are:

To generate profits directly from market activities using their capital.
To employ sophisticated trading strategies, algorithms, and technology to identify and capitalize on market opportunities.
To maximize their profits by retaining 100% of the investment earnings generated by proprietary trades.

Proprietary trading firms are subject to risks and regulations, such as the Volcker Rule, which limits the speculative investments that contributed to the 2007-2008 financial crisis. These firms need to manage these risks and comply with the regulatory landscape to ensure their continued operations in the financial markets.

Region

City

Name of Proprietary Trading Firm

North America

Austin

3Red Partners, All Options, DRW, Hudson River Trading, Jump Trading, Optiver, Quantlab, XR Trading

Chicago

3Red Partners, Akuna Capital, AlphaGrep, Belvedere Trading, Chicago Trading Company, Citadel, DRW, Eagle Seven, Five Rings Capital, Grace Hall Trading, Hudson River Trading, IMC, Jump Trading, Maven Securities, Old Mission Capital, Optiver, Prime Trading, Susquehanna, Tower Research Capital, TradeLink, TransMarket Group, Valkyrie Trading, WH Trading, Wolverine Trading, XR Trading

Miami

3Red Partners, Citadel, Da Vinci, Hudson River Trading, Susquehanna, TradeLink

New York

3Red Partners, ACT Commodities, Allston Trading, Belvedere Trading, Chicago Trading Company, Chimera Securities, Citadel, DRW, Five Rings Capital, Flow Traders, Hudson River Trading, IMC, Jane Street, Jump Trading, Maven Securities, Old Mission Capital, Quantlab, Seven Points Capital, Susquehanna, Tower Research Capital, Wolverine Trading, XR Trading, XTX Markets

Europe

Amsterdam

3Red Partners, ACT Commodities, Algorithmic Trading Group, All Options, Barak Capital, BlockTech, Da Vinci, Deep Blue Capital, DRW, Eagle Seven, Flow Traders, IMC, Jane Street, Jump Trading, Mathrix, Maven Securities, Maverick Derivatives, North Pool, Optiver, Ora Traders, OTC Flow, Priogen, VivCourt Trading, Utr8 Group, WEBB Traders

London

3Red Partners, AlphaGrep, Allston Trading, Chicago Trading Company, Citadel, DRW, Epoch, Five Rings Capital, Flow Traders, Geneva Trading, Hudson River Trading, Jane Street, Jump Trading, Liquid Capital Group, Mandara, Maven Securities, Old Mission Capital, Optiver, Susquehanna, Tibra, Tower Research Capital, TradeLink, WEBB Traders, Wolverine Trading, XR Trading, XTX Markets, XY Capital

Asia

Hong Kong

Akuna Capital, Algorithmic Trading Group, Chicago Trading Company, Citadel, Flow Traders, Hudson River Trading, IMC, Jane Street, Jump Trading, Liquid Capital Group, Maven Securities, Optiver, Susquehanna, Tibra, Tower Research Capital, Utr8 Group, WEBB Traders, XY Capital

Mumbai

AlphaGrep, Da Vinci, Hudson River Trading, IMC, XTX Markets

Shanghai

ACT Commodities, Akuna Capital, AlphaGrep, Bondi Tech, Citadel, Hudson River Trading, Jump Trading, Optiver, Susquehanna, Tower Research Capital

Singapore

AlphaGrep, Belvedere Trading, BlockTech, DRW, Flow Traders, Genk Capital, Grasshopper, Graviton, Hudson River Trading, Jump Trading, Mandara, Mathrix, Maverick Derivatives, Old Mission Capital, Optiver, Quantlab, Quantbox Research, Susquehanna, Tower Research Capital, XR Trading, XTX Markets

Australia

Sydney

Akuna Capital, Citadel, Epoch, IMC, Jump Trading, Liquid Capital Group, Maven Securities, Optiver, Susquehanna, Tibra, and VivCourt Trading.

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