Our self-clearing BD/Prop firm with full algorithmic execution is looking for partner

Discussion in 'Automated Trading' started by rollo2, Jun 13, 2008.

  1. rollo2

    rollo2

    Prop trading firm with self-clearing broker dealer is looking to merge with or be acquired by another prop trading firm. We own the source code for all of our own trading/clearing software, so clearing costs us less than one cent for a 400 share trade. Our automated systems are very fast (In microsecond range) and we can easily add new algorithms. We are able to trade on NASDAQ, ARCA, BATS, Direct Edge, and NYFIX Millennium, NYSE. We make consistent trading profits, but we want another firm to share our overhead costs.
    Prop traders with over $1 million in capital may contact us.
     
  2. where can i send you a check?