striking out on my own

Discussion in 'Prop Firms' started by ChiArbTrader, Jul 16, 2008.

  1. Hi,

    I've been a programmer for a Futures/Options/Stock prop shop near Chicago for many years now. I would really like to start my own arbitrage operation. Speed is key to my strategy, so collocation is essential. Also would literally be working trades for a penny at a time, so low rates are absolutely essential.

    I've been on the programming/trading side my entire career and know the rates that we pay/etc, but am really not all that clear on how to get started on my own. How do I go about finding a broker? What else do I need to consider? Willing to put up my own capital and open to profit split agreements.

    Appreciate all the help I can get.