Prop desks reap rewards of heightened FX volatility

After several years of sideways trading and reduced dealing opportunities, the past few months have seen a rise in intra-day volatility and solid directional trends. This has provided a treasure trove of opportunities for prop traders, market participants told FX Week.

"These are very healthy markets for proprietary trading," said Tim Yetman of Olea Capital and former head of prop FX at Tokai Bank in London. "Most currency trading prop desks would benefit from these kind of moves. They've be

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