Registered: Jun 2011
09-26-12 10:29 PM
I am thinking about getting an office to trade from in the city/west end i trade FESX only occasionally a bit of ES in and out 30 to 60 times a session. From what I can see trading at a prop/arcade is very expensive, desk fees like £1000+ plus software, after clearing fees and split you are looking at £2000 per month.
I found a high spec 4 person office near St. Pauls (2mins walk, bank 10 mins walk) for £1200pm (inc VAT). So for 4 traders this would work out £300 pm each. I can get 1 euro round turns if I improve my volume but for the moment I am paying 1.44 euros on my volume.
I love xtrader but cant justify the expense at present so stick to free ninja, works fine for me. The only other cost I have is RANsqwark which can be shared.
Any other stoxx traders out there want to get a shared office?
pm me if interested.