"real prop trading" firm

Discussion in 'Professional Trading' started by howarddean, Jul 2, 2009.

  1. some use the term prop trading to refer to basically a broker with tools where you put up your own money, etc. and then there's the other kind when you only use the firm's money.
    i'm referring to the latter kind. Are these sorts of firms only in chicago and new york, or are there some in california?
    thanks for the info:)