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I don’t know how PROPR is run, I do like their transparency and how they are building infra, not just selling evals & being disruptive.
If this is their A book, then the hedge is actually passing / routing their traders’ orders to HL; e.g they lose money when their traders lose money. Their B book would be internal / virtual and payouts would be pulled from a treasury wallet.
This is how prop firms operate, I’m just not sure of the terminology propr uses to describe their wallets & operations.
@PivotTrader88@cryptoo_tor Well idk whats going on internally because I don’t work there but I know what an A and B book are… whether their A book is passing traders’ flows properly or not is something i cannot know, it’s for sure weird as it’s only 3 positions