Looking for a prop

Discussion in 'Prop Firms' started by andy1980, Jul 10, 2017.

  1. andy1980

    andy1980

    We are a small team of algotraders (non US citizens) grossing in average around $1 M per year on 50-70 M shares (nyse, nasdaq) traded. Our strategies are market neutral and well diversified. We trade only active liquid stocks without overnight positions, having very small drawdowns. Our current trading setup became very unstable in recent time therefore we are looking for alternative solution. We are looking for API access, 10-12 mln buying power and competitive payout. Please recommend any props out there we may contact.
     
  2. Robert Morse

    Robert Morse Sponsor

    Only Prop? Not interested in funding your own account?
     
  3. andy1980

    andy1980

    Unfortunately, we still don't have 3-4 millions for funding our own account in brokerage firm...
     
  4. Robert Morse

    Robert Morse Sponsor

    A PMA gets you around 6.6X for DT. Not sure what you do have, Do you need low latency or just an API? It makes it harder to find you an investor, fund of fund or family office that might be interested because you are not local.
     
  5. andy1980

    andy1980

    Sent you PM
     
  6. Robert Morse

    Robert Morse Sponsor

    Got it