Prop for remote pairs wo Series 7

Discussion in 'Prop Firms' started by BigSalad, Dec 22, 2009.

  1. BigSalad


    I am thinking of starting a pairs trading portfolio in January, starting out with 80k of equity.

    I am looking for a company with good rates and a good platform, preferably one where I can enter pair orders and have it worked in the market as the prices change. Won't need any handholding. In terms of leverage, I'm thinking of starting at about 10:1 and after a while of being profitable perhaps moving to 15:1 and then 20:1, spread across perhaps 20-40 positions I guess, thus using around 20% of equity on each side of a pair.
  2. NKNY


    Bright might be of interest to you...

  3. NKNY


    Disregard my last post as you need a 7
  4. Are not capable of Passing the 7? What is wrong with working at a firm that requires it?
  5. bpcnabe


    He could have some felony conviction from his stupid youth days that would prevent him from getting sponsorship for the 7 (if it has been less than 10 yrs).