I'm starting a list on Prop options firms. Just would like to compare and see what's out there. Found two so far: 1) Simplex 2) Vtrader Can anybody else sound off and add some more? Thanks guys.
Can you give me a link or contact info for Cassandra please? Did you get my PM by the way? Thanks for posting.
http://www.cassandratrading.com/ Link does not seem to be working now. Keep in mind they are a market making firm in the CBOE.
I like options when they're used by traders who know options really well. Had a guy, he thought because he was delta neutral, that his ratio'd short puts vs. short stock was a good, hedged posiition. I made a chart for him, showing how a very small move would have wiped out his account plus a couple hundred thousand bucks. A little bit of knowledge is dangerous....but I think I'm "preaching to the choir" eh Mav? You see more of this than I do probably. Don
does anyone have a link for echo? i wouldn't label simplex a 'prop' firm, as they seem to have a buch of people trading a common group account. overall, seems to me that there are only a very few prop options firms...and only equity option
well, i may be wrong...reading over Cassandra Trading's website, they are supposedly a market maker at the CME (whatever that mean...i imagine these are leasing a seat) , but in the "About Us" section, it notes that one of the guys has to approve each order...which would make it impossible to stream quote.