Prop trading in the pits

Discussion in 'Prop Firms' started by fortunatti, Aug 3, 2005.

  1. To what extent are firms still employing prop traders in the pits of the CME and CBOT? I spoke to a former CBOE trader who said there were quite a few prop guys down there in the 80s. Are any firms still offering prop deals to trade in the pits? What firms?

    ...I don't care for a debate on the merits of open outcry - it's been done elsewhere.
  2. can't anybody who is willing to pay for a seat lease trade on the floor?