Who's still around?

nitro · Jul 7, 2013

Infinium should probably removed from your list.

Quote from EvOTraderV2:

You should be looking at the Chicago shops. As long as the account was in your name and is verifiable, you can probably find a few offers if you search. It won't be easy though. The industry is becoming really tough. I posted an article yesterday which brings up valid points about many prop firms beginning to sell trading products and services and many are looking for outside investors as revenues are in steep decline. The sad part is that many of the DF bill regulations won't even hit till 2014 so the storm is still on the horizon, so to speak.
Many of the big names like Archelon and Peak6 are converting to hedge funds to seek outside investors capital. There are some interesting quotes from executives at those firms. You may want to check it out here

Some of the names you can look at (if you haven't got around to that yet)
Arhcelon
Hard Right
Peak6
DRW
Getco
Infinium Capital
Jump trading
Optiver
Simplex investments
Spot Trading
Transact Futures
Wolverine Trading
Echotrade (they may only trade equities)
Cago Trading
Advantage Futures
More...

sherdog · Jul 7, 2013

maybe try maximus trading:

+1 514-225-1742
or
info@maximus-trading.com

bulllives · Jul 7, 2013

Quote from Itrade2009:

There are NO shops that will give you $10m with no money up! Keep looking, you won't find it. The topic has been beaten to death here. Why are you reluctant to put money up? Don't you have confidence in your trading?
More...

Everyone is starting to lose confidence with this system with Firms that require having to put "Money Up" "Contribution" "Training Fee" because of HFTs and those that have access to your positions to trade against you.

Until the SEC fixes this, maybe confidence will return and Investors will come back.

Caveat Emptor

Maverick74 · Jul 11, 2013

Quote from bears21:

What went wrong with fnys? They only had a few hundred traders that were hand picked and backed. What couldn't this firm adapt too ? What was their edge that made them a dying breed? Lack of volatility hurts every trader in the pocketbook, but these guys sound like they were on razor thin margins.
More...

Sorry I never got back to you. Here is one article that details some of the management shifts.

http://blogs.wsj.com/deals/2012/04/04/ceo-resigns-at-prop-trading-firm-first-new-york-securities/

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Who's still around?

nitro

sherdog

bulllives

Maverick74