In the spirit of public information, my experiences with the above mentioned firms: 1) SIG/Jane Street - quick math skills, prob + stats,...
1) My negative tone was towards prop shops trying to take advantage of current market turmoil to advertise a less-than-legit non-paying job for...
1) I don't understand what you are driving at, you say there are pros and cons to being at a prop firm, the same can be said for being at a bank,...
I read this thread with interest as someone who once considered prop firms over banks. I understand that there are people out there who want...
How much was the scam worth? This is why we should propagate public information to warn potential victims of prop trading firms.
I don't think that backoffice/middle office guys can move to trading positions anymore after Jerome Kervial. But this is just my opinion, if...
Join a firm that allows you to keep overnight positions. I.e. one that doesn't make their trader do short term technicals trading. Scale is...
Hey, I hear this comment a lot from kids who say that college degrees mean nothing. I had a wonderful education and learned from the best in...
fny is a very cutthroat kind of place, it is one of the more reputable prop shops around. I think it is as legit as they come. 1) They are...
I don't think that fny is in a tier of its own, although they do seem more legit than most of the other firms out there. From what I...
Interesting bits I got off a doostang posting for SMB Capital after my post on this forum: 1) "Important note: This is a non-salaried...
Lescor >> I see, so the difference between a decent prop shop and a scam lies in the commission rate. Then there isn't an inherent way for the...
Hydroblunt > Could you share more details about the reasons?
So just to clarify, as long as your draw is a function of volume traded, it is pretty much a prop shop business model? As in as long as you are...
Hi all, I was just wondering if some of you might be able to provide some information about prop shops that base their business model on...
In response to Mr. Bellafiore's post: 1) -I agree that any fresh graduates looking for trading positions should follow Mr. Bellafioreâs...
Hey spec, Who PMed you and are you taking the person's word on it?
0.0009orbust, So by "this business" you mean prop shops (cash equity trading) right? To be honest, do you believe in day trading with...
Wow, that is very unprofessional if it really happened. I don't understand why any serious trading firm would require money up front FROM...
Thats how the non-target school candidates get in. But when you pay 45k/yr for an education from Harvard, you tend to want to get paid while...
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