What is a Prop Firm?

Discussion in 'Prop Firms' started by Trade_Sniper, Nov 24, 2005.

  1. Sorry for the newb question, I'm trying to learn. I have seen the term mentioned in many threads in several different areas on ET.

    I believe it stands for Proprietary Equities Trading, but what does that mean, I mean what is it exactly, that is 'proprietary'?
  2. megadon


    it means the firm backs you with their capital...........or some of yours combined with a lot of theirs.......good ezxamples are etg schoenfeld and generic...................m
  3. cml2949


    Prop firms are a group of people who trade their companies money for the group and themselves. . There are no customers or service that they provide for.. Just a group of people who trade for themselves and group with the group's capital ...

    You won't find many groups on the internet.. Many don't advertise b/c you know there not providing service..

    Some groups may be GroupOne, Peak6 , Cheiron Trading, Wolverine Trading etc. etc.