Recent content by fhg386

Thanks for the feedback. It never occurred to me to use legal zoom. I don't know enough about legal or compliance matters to trust myself to do this without assistance. I was planning on only doing an audit when I was ready to take on clients. I plan on running an algo system i've...

The benefit is for the business. If I create a firm and hedge fund the results are the funds results and not the managers. It institutionalizes the performance. My desire is to build a business. I won't be able to put my personal accounts into Hedge fund performance tables. There are...

Thanks for all the replies. I don't have enough money for a Primebroker so I don't have a clearing firm. My plan is to start an incubator fund and generate a 3 year track record. If my strategy works, then try to establish a real hedge fund. For the incubator phase, I just need...

I saw them through Careerbuilder.com.

Losing money because my trading was stupid is different than losing my money because someone stole it. I'm still curious whether this is a legit operation or not. I don't mind making a deposit if it's the real deal and not a scam.

Can anyone recommend someone to set one of these up? I asked for information from two law firms I found online but they haven't contacted me. Has anyone set one up and would like to share their thoughts?

Bumping this. I'm curious if anyone has had any problems getting their money back when they left. Is this a legit firm?

Commissions and interest on margin balances would be my guess. I don't think that they're doing anything particularly nefarious or unique. They're basically prime brokerage for the masses. I have also been in the profession and I agree with your points about what the firms do. I think a...

Can anyone suggest a firm that I should submit my resume to? I have seen: http://www.tradersnarrative.com/list-of-proprietary-trading-firms-735.html I'm looking for a firm in the Chicago area that is interested in a black box electronic trading application. I don't have enough...