Pick a city, NY, Chicago, Philly or SF. Move there. Hedge your overhead costs and go to town. I got news for ya, if you don't have enough edge to make money for a Cutler or a Peak6, you sure as hell don't have enough edge to overcome 12k a month in overhead at a minimum.
I did get an offer from a MM firm (ex traders from the company I used worked for) but I think I can make more for myself as an independent trader. Obviously I run the risk of not making any money or not enough to cover my costs but, it is something I want to try.
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=34282199 This is all I saw.
Cassandra doesn't seem to trade options from the short description on the business-week snapshot and their website is down. I'll try calling them again later. Consolidated said they do not work in partnership with traders. They only hire employees. I would appreciate any info on potential backers (or leverage providers like Cutler) for option (whether on stocks or futures) market makers. Thanks in advance