The trainee profiles at http://www.fnysllc.com/profiles.htm seem to show what FNYS means by "a proven track record of success" while still an...
FNYS does state in its recruiting ads that it requires applicants to have "a proven track record of success in financial markets and trading."...
I don't work at FNYS and I don't know anyone who does. My information comes from their web site and posts on ET and on thevault.com.
It appears that FNYS has a completely different business model from most other proprietary trading firms. 1. FNYS pays a salary and benefits;...
Mondo Trader: These are quotes from the First New York Securities website: http://www.fnysllc.com/training.htm Compensation and Benefits...
Ok, let's leave out the suggestion of GD2KNO for now. Does anyone else have any suggestions as to how they might invest a substantial amount of...
For someone with limited personal capital, trading for his own account may make sense as a way to make a living and hopefully amass capital for...
There seems to be some confusion on this point due to the fact that there are two types of prop trading firms. 1. Firms in which the capital...
I think that "Market outperform" means in its literal sense "this stock is expected to outperform the market". What the analyst really thinks...
What is the name of your firm? Does it require the trader to invest his/her own capital? If it has a training program, how long does it last...
My view of our capitalistic system is that capital tends to flow into those areas seeming to offer the best returns in relationship to perceived...
I will of course refer my friend to this thread for all these terrific comments. Thank you. I think it would be very hard to get audited...
Here are a question and answer from www.thevault.com: How much money does the average trader make for himself during his second year of trading...
A very bright, energetic, and disciplined young friend, who recently graduated from a top college, is considering applying for a job in...
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