I live in Austin, TX -- and, OK, not the center of the universe for trading or proprietary firms. But in the last month the Momentum branch, and now rumored, the Hold Bro. branch are folding up their presence here. So is this a larger trend where the pro trading firms are not profitable and are beginning to contract? If so, why? Tough market, decimalization, thinned trader ranks ...? Zone Trading Rumors. Information that follows is merely street rumors and can not be confirmed. The cat that sold his software/trading platform to Instinet for $100MM + $50MM in stock spun out the proprietary functions of ProTrader and is trying to grow that Co. It was renamed "ZoneTrader". Just leased a bunch of sq. footage at space abandoned by Dell, and had a stated ambition of growing the shop to 200 traders. However, he changed the compensation scheme and non-compete clause for traders and his best traders walked out en mass. After that the CEO of Zonetrading was fired and the CFO elevated to CEO. They appear in disarray. Anyone know of propritary opportunities in Austin, TX or should I just concentrate on learning and launching on my own.