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A comment on Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk. Parent comment

Re:Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk by qaq on Thursday December 21, 2017 @05:24PM (#15983410)
"They are just making markets" are you seriously implying GS and JPM are just making markets :)?
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Re:Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk by workthrowaway27 on Thursday December 21, 2017 @06:10PM (#15983762)
Given that prop trading has been severely curtailed at investment banks, yes.
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Re:Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk by qaq on Thursday December 21, 2017 @08:09PM (#15984473)
JPM makes about 1/5th of profit from "trading" and of that I seriously doubt market making is much of a contributor.
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Re:Goldman Sachs Is Setting Up a Cryptocurrency Trading Desk by zjaffee on Thursday December 21, 2017 @07:01PM (#15984048)
Not just curtailed, they aren't allowed to participate in prop trading at all as per the dodd frank legislation.
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