I met some guys who use to trade there and said the place is a total scam. Supposedly they make you stay in your seat all day and write tickets. They make their money off tickets since they pay under .50/1000. As far as training, I've been told they sit you next to another trader and consider that your training. Many not even profitable. Supposedly the owners are hot heads. I once thought about going there but after looking around and doing some research on the place I found it not so attractive. There are plenty of places in Chicago charging under $3 per ticket. I think I made the right decision. I'd be curious what others who have worked there think of the place.
Since you appear to be a shill for TH, and based on your quoted rates posted here, I think your handle speaks volumes about your firm and should serve as a warning to anyone who would think of doing business with you.
The training is good. They really help you to get on the right track. But once your established, the rates, the payout, the contracts they make you sign...it's a raw deal
From what I know they have very high turn over. Kind of a churn and burn type of operation. Either you are writting alot of tickets trying to breakeven while making them money or else you will be out the door. As far as training, the high turn over rate says enough. I wouuld be interested in hearing your explanation of the type of training they offer. Showing you how to push keys on a keyboard is not training.
Beware if you are considering working for THT/GPC or are already a trader there. The management there are straight up thieves. I worked there for a number of years, trained several guys for them, then after I left they kept my entire trader bank. Art, John, Doyle and Don are all two-faced lying a-holes. These guys have zero conscience and do not care about any of their traders, no matter what they tell you. I was told I would receive my bank after 1 year was up, but then when I asked for it they ignored me for months, then finally sent a letter saying we never reached an agreement and therefore my bank was theirs. Then they have refused to respond to any of my communications--a very professional way to conduct business. If you work for these guys, be aware that you are simply a cash cow for them. I would highly recommend leaving their firm before they accumulate too much of your money in the "trader bank". You will never see a penny of it if you ever leave. There are plenty of other firms out there that treat their traders decently. If you have money in their bank, I would seriously just gamble with large positions into earnings or overnight until I lost and then quit. In hindsight, it's what I should have done, rather than give them the chance to steal my entire bank. If you are thinking about working for these guys be advised. Don't stay too long or they will get their greedy hands on your bank. I would avoid them entirely.
It is dirty not quite as dirty as the previous stock jockey reported. Been there and still there. First one to guess who I am gets ten Gs from my bank. Don't ask me for it though...ask AJD for it, they always pay ontime without question. ElCapitan.