I have always worked for a prop firm where I did not have to come with upfront capital. Recently I began discussing an opportunity with a firm that requires some upfront capital on my part, what I want to know is what type of split should I be looking for in comparison to my previous job with no capital upfront required. I only have my past experience to draw from and don't want to negotiate over something I know little about and come away feeling shorted. any insight would be appreciated.
Thanks for the reply, Does it matter how much capital and leverage when it comes to that 100%? There is a commission rate that is very low, pass through of ecn fees and rebates, no monthly software charges, and they are wanting a split that is not 100% for me. Programmers are involved on their part and that is taken into consideration. Again I appreciate all the insight as I just want to know what the norm is in this type of situation.