Sorry guys, I meant to discuss any difference between prop traders @ prop shops (like Schonfeld) vs traders at any major IB. I am just trying to get an understanding about trading at IBs vs. trading at prop houses.
In particular, why people have negative responses/impressions when talking...
hey batman,
Sorry if it sounded offensive, but that was the general feedback that I've gotten from asking around a few people.
I think people have this general bad impression of "prop trading" business because there are just too many prop trading firms out there that burn and churn its...
What is the difference between them? What do traders at major IBs do? Do they also trade for the firm or do they mainly execute customer's trades? I am just not too sure what those traders at IBs do that make them so much money...
Do they generally have larger capital allocated to them to...
What is the difference between the two? When you go in for an interview, how can you spot the firm to be a day trading firm or prop trading firm?
The reason I am confused is because I have been interviewing with various companies and they all seem to have trading activities during the day...
Hi all,
I just want to get some opinions/feedbacks about GTP. Anyone has experience or is still working for their Broadway office in NYC? Any help would be greatly appreciated. Thanks!