Recent content by quannabe

I thought Lescor was with Echo. Lescor, where are you trading now?

What board could be more popular than ET? :p Just promise us you'll contribute at least 50% less to them....LOL (all joking aside..... we luv you MAV! Somebody's gotta look after the Zoo)

It's my understanding that legislation in the U.S. makes it illegal for Medicare to negotiate drug prices! I believe the VA can, but not Medicare. Don't take my word for it, check it out yourself. WAKE UP America!

That's what I thought. Will there ever be a day when the stock and options exchanges simply agree that 1 license applies to all prop trading. Aren't we passed the days of "selling muni's with 6 pts of commission", REALLY; I mean since when have municpal bond sinking funds applied to prop...

Bright could be a good fit if I could sit for the 56. I didn't think that license would work for their SRO. Guess, I'll have to call Don.

A CBOE firm with a farm team for profit/split or $mgmt hedge side with a strong balance sheet and compliance record. If I'm going to generate 6 figures in 2014, I may need to plunk down up to as much as $50k. I say CBOE firm cuz I'm not taking the 7 again. It doesn't have to be CBOE, any SRO...

Ok since there are some savy option guys on this thread, I thought I would post a greenie question as we wait for Mav's story. I know it's off the topic, but not to hedging or trading around a core with positive carry. Since I'm not an options trader, I wanted to know what the correct label...

So Michael, will you be obtaining your license on the equities side in order to recruit stock/options traders? Looks like a few here are taking the other side of that bet.

Mav, why on earth would the "backer" register as a broker/dealer when commissions are not applicable? Why not just set your company up as a "family office"? What mechanism?

Mav, thanks for replying. In the interest of healthy discussion, I could use some clarification on a couple of your points. You say that the regs and capital required make it a horrible business model. Are you saying that the "discretionary"stock prop model (not trading arcade) has it's best...

************* Thanks Michael. I am seeing a shift occurring in the stock trading side of the business perhaps because of Dodd Frank. For example, a couple of firms who used to require licensing and/or deposits have changed their business models in the direction of traditional prop. It...

Thanks, but are you referring to MP's response on 6/14 that they are 'working on it'?

Michael, please forgive me if this subject has been answered before. I did a search but to no avail. Are there regulatory issues stopping a firm like yours from entering the stock trading industry? You only have 25 (more or less) permissable products and that restriction leaves $ on the...

Where in my OP did I ask how they make money? I realize this is asking a lot from the ET community: If you don't have a direct response to the original inquiry, please don't reply. We're all better off if you DON'T...