Fast Traffic Trader 2

" However, the advent of the internet and electronic trading has changed the face of Prop trading. They became well-capitalized and began to offer formal and comprehensive training programs for the traders to gain an edge over the others. After the financial crisis in 2008, the proprietary trading firms began to strengthen their risk management systems heavily.

Today, prop firm forex operate in two business models: broker-dealer or non-broker-dealer. If the firm accepts trading commissions as a source of revenue, it serves as a broker-dealer subjected to license and regulation. On the other hand, non-broker-dealer models do not have stringent regulatory requirements."