Trading arcade

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A trading arcade is an electronic trading facility where investors can trade for their accounts. The firm provides office space, computer support, and brokerage, but does not provide trading capital. This is in contrast with a proprietary trading firm, which provides capital. Arcades are often run by a member of a clearing organization. Arcade traders are referred to as "e-locals". [1]

References[edit]

  1. Trading Arcade. Investopedia.