I sent you a PM.
The landscape is changing and I think porfolio margining accounts for prop will start to become more popular than JBOs. At the end of the day you...
This is all required to become a broker dealer, not necessarily a prop firm. There is very little reason to go through all this to become a prop...
There ARE tax (and other) benefits to using an entity. Also, once again, it's complete BS to say 20 to 1 is barely enough BP to make money...as a...
BP comes the clearing firm AND OR the BD...and is obviously different w/ every firm. Some clearing firms offer more BP than others in JBO...
I completely disagree that it takes $1 to $2mm to make a decent living...I know many traders that do very well off $100K. I agree,however, that...
I'm looking to partner with someone (trader/programmer/firm) who has the know-how, but not necessarily the means (clearing/execution deals) to...
Definitely stay away from Maverick. I know several guys who started there and left, and they have nothing good to say about the firm. The...
xyannix, when looking at prop firms you should find out: If they are a BD (many are not)...if they are they'll have an SRO to go to to get an...
They do alot more than 2 billion shares a month and trade just about any market that fits their models. They're all automated and have...
Think or Swim's front end is called Liquid, which they developed themselves...IB is their competition.
I suppose it really depends on what job you'd be going for. The scope of someones market knowledge, if they're only traded prop, can be very...
I'd be shocked if you find any prop firm that trades through IB. IB, to my knowledge, doesn't license their software out for accounts that don't...
There are many repuatble prop firms in Chicago, but what exactly are you looking for? Training? Leverage? What do you consider corporate?
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