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Can brokers piggyback on their customers?

  #26 (permalink)

London
 
Trading Experience: Advanced
Platform: cqg integrated,ninjatrade
Favorite Futures: Futures and forex
 
Posts: 49 since Apr 2015
Thanks: 6 given, 63 received

I know for a fact this can happen, not sure about brokers though. In prop trade floors they have a risk manager that monitors the traders positions. I heard of it happening in a prop shop in London that my Friend used to work for.
apparently they made software that copied the best traders Trades.
clever stuff.

jdox View Post
Is there any reason that a broker would not be able to copy the trades of their most successful customers? Seems like it wouldn't be hard for them to do. Just curious.


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