Recent content by thisguy

"Let Wall Street Pay for Wall Street's Bailout Act of 2009" http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.1068.IH: Estimate the costs to your trades with a total 0.5% tax to each trade (in & out). Whom of us could continue to trade with such a large tax per trade?

Is this related to "Photon Path"?

You are refering to Geneva on Michigan Ave.? I think 980? There is also a Geneva Capital in 440 South LaSalle. There should be a Geneva person on here. They've been around for a while.

danjos, Thanks for posting to the thread. Where (in the world?) is your friend located? I think this group is like most and everyone is in the office. It's tough to support a trading desk live from a remote location. If you have a resume to forward, pass it one to me. You'll need...

Thanks for your response. I'm actually looking to bring someone in to an existing trading firm, not help someone I know find work.

Firstly, I'm posting in this forum because the people I'd like to communicate with often work specifically in prop trading environments. Moderators, I hope you do not find a post here inappropriate? Been asked to help find a senior developer whom might be able to join a small...

Been quoted 5 mils/share for execution with a major DMA broker. I don't think they have low clearing arrangements with a major clearing firm/investment bank. Thought there must be an option at or under 10 mils/share.

Can someone give me a sense of what kinds of fees are competitive at various prop shops? I'm particularly interested in an all-inclusive rate (brokerage and clearing) with rebate pass-through/market-taking charges separate OR included. I know some people are paying $0.0025/share just...

I have heard an approximate yes to this type of question about Peak6. However, this is not unique to Peak6 if you ask people around town. GBAR, maybe even old Stafford might have had these type of agreements. While not all these non-competes are enforcable in Illinois, it's expensive to...

Word of mouth who knew a partner at GETCO was also listed as a parter at Photon.

I believe Photon Path has some relationship to GETCO. Check out the partners/owners list and that of GETCO. Not sure what this says other than the possible level of technology...

Don't know about Breakwater in NYC. Possibly not affiliated with the Chicago office or maybe sold or split off. Some partners in the past left on poor terms from what I heard. It's the trading business. Not everyone gets along... Final word from a few folks is one of: 1) cultural...