almost 20 percent of executed volume on the cryptocurrency platform Coinbase was proprietary trading, according to Virtual Markets Integrity Report Attorney General. Mike Lempres , chief policy officer at Coinbase , said the company does not conduct trades for its own benefit; Coinbase Consumer quotes are filled from the exchange platform Coinbase to provide an easy-to-use customer experience. Proprietary trading is when a firm invests for its own gain rather than on behalf of its clients. the New York Attorney's Virtual Markets Integrity Report said Coinbase 's level of proprietary trading raised concern over the risk to customers using such platforms.
almost 20 percent of executed volume on the cryptocurrency platform Coinbase was proprietary trading, according to Virtual Markets Integrity Report Attorney General. Mike Lempres , chief policy officer at Coinbase , said the company does not conduct trades for its own benefit; Coinbase Consumer quotes are filled from the exchange platform Coinbase to provide an easy-to-use customer experience. the New York Attorney's Virtual Markets Integrity Report said Coinbase 's level of proprietary trading raised concern over the risk to customers using such platforms.