Futures Prop. Firm in Chicago

I'm looking for a prop. firm that trades Futures. I always hear about stock ECN prop firms. I've briefly heard of futures firm, existing in Chicago.

 

You can check Wolverine Trading at (www.wolve.com). They are located in the downtown financial district.

Good Trade!!!!

 

are there any prop firms that specialize in options and/or futures....thanks

 

Try VanKar.

 

Any of you trade in futures Prop Firm? I'd like to hear some critiques and stories about them.

What do they usually trade? E-minis? Open out-cry? S&P? Currency? Bonds?

What trading platform do they use? What kind of quote service?

Do they require a minimum deposit? What's their pay-out like? Salary + % incentive? Incentive only?

Thanks in advance!

 

SOMEONE PLEASE TELL ME: since futures provides me more leverage than i am comfortable maximizing, what other reason could there be to trade with a prop futures firm?? thanks

 

"SOMEONE PLEASE TELL ME: since futures provides me more leverage than i am comfortable maximizing, what other reason could there be to trade with a prop futures firm?? thanks"


I don't think there's a reason for you to trade futures unless you want to. I'm comfortable with different markets and don't see leverage a problem. One thing I might say is low margin and no obligation to wait for an uptick rule when I go short. Maybe another reason might be that I can make money in the futures market, too. I think it depends on how you want to apply the futures market.

 

trend 456: i guess you misunderstood my question: i trade the emini ES CONTRACT from home. i use IB and trade 2-5 contracts. why would I even consider trading with aprop firm instead? i do not see any reason to but i was wondering if someone could put insight on the question

 

Now I know the question. i was assuming that you where trading equities. it's a common question those equity traders always ask. I would use prop firms to increase capital and trade other markets with different methods to reduce the equity swings and to increase the opportunity of the trade. I think there's other ways, too. Since I'm a trader who trades different time frames I need a reasonable amount of capital to trade to avoid myself from overtrading.

I didn't see the first part of the message.

 

You trade their money and are not liable for any losses. In return you get a % of profits.