Here are a few links you may consider: www.hedgefundemployment.com www.efinancialcareers.com Another suggestion is to get properly...
KINGOFSHORTS, You can read about it here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=181202
DarkTrades, Here's a link found on many threads. It will help in your due diligence process....
Why not ask FINRA directly? Here is the link: https://finra.atgnow.com/finra/askExpert.do And here is the CBSX help desk phone number:...
Perhaps this will help: Most of the "prop" firms take in capital contributions from the trader. The minimums vary, but the least I have seen...
oops! you're right, didn't see the date of the original post. oh well, hope park53 eventually found a good deal. :D
park53: Here are TWO main questions for you to consider as a new trader: What is my trading plan? (Example: type of stocks you will trade,...
How about this scenario in the 80/20 payout model: Month 1: Trader loses 5k, hence the 20k capital contribution lowers to 15k (5k loss to the...
Ok that makes sense. Here's a link on prop firms which you may find helpful. A bit outdated, but still worth a look......
There is nothing "unsafe" about paying a deposit/fee for tuition if you are getting education. Paying 5k to get 100k in buying power is...
BNX: 1. SEC Rule 15c3 describes net capital rules for broker-dealers, and apparently requires the CBSX firms to lock up capital contributions...
Michael Parness, who wrote a book called "Power Trading, Power Living", addresses this very subject, and here is the quote: "Even though there...
As long as you stick to the higher volume ETF's and remember that you can't trade more than four times (buy and sell) in a rolling five day...
ProTrendQuest quote: "Any idea what SEC rule requires CBSX BDs to place a one-year lock up on capital contributions / risk deposits?"...
Actually, hedge funds do not require traders to contribute capital, that's the risk of the outside investors who are "accredited" and can absorb...
You're probably correct, "why would they stay away from such regulation in the long run?" I would not be surprised if there is eventually some...
propseeker: Go to the SEC.gov site and pull up the .pdf of the most recent "focus report" under the search engine. You simply have to type in...
Currently, CBSX firm members do not require a series 7 license to trade, only the standard FBI background check and U4 filing. SEC requires a...
Based on Don's comment that it's end of year, then your scenario would be as follows: Scene 1: 1st month. If you made 10k, then you would have...
Interesting. Solaris Securities was the broker for Team Trading. And if you read the Team Trading thread, then you know it has ties to Charles...
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