2024-05-03 19:44:00
The sector of proprietary tablesalso known as prop trading, has been gaining significant strength in recent years. According to organization data OFPthis global industry had a turnover of US$6.7 billion in 2020 and projections point to a robust annual expansion of 4.2% until 2028, driven by technological innovations and regulatory changes.
Nos USA, where the segment finds particularly fertile ground, the numbers are equally expressive. It is estimated that there are currently more than 19,943 proprietary traders employed in the country, according to professional research platform Zippia. The workforce is predominantly male, with 95.7% men compared to just 4.3% women. The majority have a solid university education, 81% with a bachelor’s degree and 15% with a master’s degree. The average age of professionals is 43 years old.
“The numbers show a heated and rising market”, comments Giovanni Bruno, specialist in proprietary forex tables and editor of the portal PropFirmBoss.com. “Prop firms are consolidating themselves as pivotal figures in the global market, taking advantage of the technological innovation revolution and adopting advanced quantitative strategies across multiple assets and investment classes.”
Bruno highlights that a confluence of factors has driven the growing popularity of these proprietary tables in recent years. “Increasing accessibility, advances in risk management and regulatory changes have been major drivers. Forecasts point to intense consolidation in the sector, with 2 or 3 large players controlling up to 80% of the market In the next years.”
Despite the concentration scenario, the expert sees ample space for the sustained growth of prop firms. “These companies tend to assume an even more relevant and prestigious role in the global financial industry, with continuous innovation in trading strategies, taking advantage of artificial intelligence and big data resources, as well as greater ease of access for traders in general.”
Demographic statistics for the sector in the US also reveal an interesting ethnic diversity among prop traders, with 66.1% white, 12.5% Asian, 11.6% Hispanic or Latino and 5.5% black or African-American.
“Although there is still room for more inclusion and representation, these numbers show that we are moving in the right direction, with prop trading becoming a viable career for different ethnic groups”, analyzes Bruno.
However, despite the optimism, the expert warns of the challenges ahead. “Strict regulation and the adoption of robust ethical standards will be key to ensuring healthy and sustainable growth in the sector. Proprietary desks need to prioritize transparency, good governance and ensure the protection of investors.”
Based on data and trends, it is clear that the proprietary desk market forex represents a significant and rapidly evolving force on the global financial landscape. Your ability to navigate regulatory challenges and embrace technological innovation will be crucial in determining your future and lasting impact.
1714970944
#Prop #Firms #proprietary #forex #desks #continue #expand