Working Paper

Trading Activities at Systemically Important Banks, Part 3 : What Drives Trading Performance?


Abstract: It is well known by now that before the financial crisis, systemically important banks and nonbank broker-dealers maintained large proprietary trading operations and had relied on those operations as a key source of trading revenue, in addition to revenue generated by facilitating clients' trading needs. This note aims to identify the key drivers of the trading performance of systemically important banks in the post-crisis period.

https://doi.org/10.17016/2380-7172.2025

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2017-07-10

Number: 2017-07-10-3