options market making, seed capital

I think I was thinking about JBO's for Leverage. So no one is backing traders anymore?

 

Not in a JBO structure.

 

This is not true. He can focus on emerging markets. Poland, Vietnam, India...,etc.

 

I think it's a question of some local networking
to dive into how it all works here (starting from registering a firm and so on).
As I understand India have a very big options market
so there are a lot of sharky firms here, for example somebodies
okay to pay 500k annual to CME for memberships.

 

Since the CBOE created the ProCustomer designation, there is a backlog of applications. Mostly VIX and SPX. Doesn't really make it any cheaper and for many it's still very capital-intensive. Great leverage and a little easier - not easy - Parallax was probably the best-known pioneer.