Hi all, I've been running automated quantitative trading programs in the futures market for the past two years-- My background is in physics. I monitored the programs in real-time in a demo account for one year and traded live for a total of about a year. The results are in line with the calculations. Last year, I looked into registering as a CTA. However, my funding source and potential partner couldn't raise money beyond the initial capital... I traded live for a client (of his) about 8 months. Then we stopped trading. This year, I've been trading with my own capital in a new program (and still tracking last year's program). I started looking for funding again. One of my old contacts suggested that I should look into propriety trading firms. The arrangement would be such that the firm will put in all of the capital. And I will trade a leveraged version of my program. Since the program is intraday and these firms are exchange members, they won't be putting up any capital for margin. They will be basically risking their money for drawdown of the portfolio. Let's say that there won't be any software and/or infrastructure expenses. My question is under these conditions what should I expect for %profit sharing? I hear that usually these firms offer a sliding scale for profit sharing. As the total profit of the trading program goes us, so does the percentage share of the trader. Thanks.