Monsieur, Send me a PM when / if you read this.... Still owe you a reply but can't currently send one across to your account. (Much appreciated your insights BTW). Cheers, AM
GNI was bought by MAN Financial last year. Not sure what the implication was for GNI touch - was it all that succesful in the first place? I don't know anyone that used (uses?) it.
Anyone know which prop firmsoffer the best deals for trading high volume Eurex futures in London, possibly with own money down. Any views or names would be much appreciated. Cheers FGBS c
www.atlasfutures.co.uk these guys are the ones touting the deals at the moment apparently. Meant to be a good shop. Well run, reasonably well diversified traders and looking to expand.
and while your scraping the barrel take a look at http://www.fct.com/ there next door. I wouldn't touch either with a barge pole. I'd give these a go though if u really want to park your behind in the city http://www.gnitouch.com/
I use Fortis Clearing London - they have pretty good rates and more importantly have significant financial backing (over â¬50 milliion capital, and the parent Fortis Bank has â¬6 billion in capital). Generally I would avoid most shops run by locals (i.e. individual traders). There are some exceptions i.e. firms started by locals that have been around through rough markets over the years, and have seen it all and are well run. But in general these guys might know how to trade but generally they aren't exactly strong on risk management, technology, financial and management controls, or capital reserves. Go for a place backed by an institution that has been in the game for some time and has decent capital reserves, they are generally much more professional and secure. Also because of their size, their unit overheads are lower so they can generally offer better deals.