Recent content by boredtrader

traders at schonfeld receive somewhere between 55-70% of their net or 20% of their gross. As I understand it they all get charged the same commissions when it comes to their net. Please someone tell me if this isnt true.

Is there anyone who works in Schonfeld that pays less than the penny per share commissions ? To me it seems like waaaaaay too much it really sinks into my net profits. I've been told everyone at Schonfeld gets the same deal. Is there anyone who gets any different ?

schonfeld provides a very nice environment to learn but they charge $0.01 per share commissions. I am getting to think it seems unreasonable. Anyone know anybody in Schonfeld that gets charged less than $0.01 per share commissions ?