I trade a dollar neutral strategy and plan to use 20 times leverage overnight on a couple of mill. I have been talking to a few prop firms that will allow this and narrowed it down to two: Jasper Capital (sub llc of Assent) and Bright Trading. Presuming the same commission, which one has the lowest fee structure? Don...I know a sub llc is not a real prop firm and not secured by the NASD jada jada jada...This is purely a question on fees. Jasper charges fed funds plus 2% on the longs and no haircuts, but do not pay short interest. I believe Bright has similar financing charge (correct me if I am wrong), but will charge haircuts and pay short interest. Since I am new to prop trading (not new to trading, been doing it for over 15 years) I have a hard time comparing the impact of these fee structures on my strategy. Bright also has a triple net k-1, not sure if Jasper does it the same way. Which one will be lower net net considering my strategy?