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Proprietary Quotations

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Words can have no single fixed meaning. Like wayward electrons, they can spin away from their initial orbit and enter a wider magnetic field. No one owns them or has a proprietary right to dictate how they will be used.

+Fav | Go to Quote / Comment | David Lehman |

What it really says is the future of institutional equities will be more like fixed income - a business of proprietary trading and customer execution with customers evolving away form being a client and acting more like a counterparty, ... This idea of a fixed income model for equity - taking risk - seems to be working, he said.

+Fav | Go to Quote / Comment | Brad Hintz |