I have heard that Carlin is going through some sort of re-structuring, does anyone have information on this?
The new regulations requiring prop firms to have capital seems to be shaking up the industry..sorta like banks... causes them to bring in capital from somewhere. The more traders the more capital on deposit is needed. But what do I know?, I have never traded prop...I don't have a series 7... and I am an ElectricSavant.
Is this a problem that is going to get passed down to the traders or will management of prop firms go out and get a bank deal or broker deal for capital?
My take is this: that if your not a prop trader and want to be one, then you will need to bring in your own money to get their leverage.
Generic trading seems like one of the best in my opinion. I have traded at 3 props and Generic technology is best. Never had problem anywhere.
yeah, you deposit something like $10k and firms like this and others give you $500k or more intraday bp.