I came across this prop shop that pays a salary, 500/wk = 26K/year. Basically in line with an entry-level clerk position. I was just wondering if there was any new or relevant information regarding this company. The existing posts date back to 2003-2004. Thanks!
I traded with them for a while. The draw payout of 26K annually applies for the first year traders after that it's performance based only. Good software - schonsite is unique (providing filters for all equity markets). If you can get in, it's a good experience for sure.
Any idea how they compare to the Opus Trading Fund? I believe they have a salary as well, and they fall under Schonfeld? Thanks.