Search results

Our interest rates can be found on our website. If I understand your question, the answer is no. We do not add a surcharge on overnight short gamma.

I believe VTrader offers each trader different rates. Beyond that I am not familiar with what VTrader offers so I cannot make a comparison. We do offer a cool game room where traders can relax. I will post more of what we offer shortly.

To be frank we have never had to establish a minimum or set down hard leverage numbers as they have never been an issue. Much like capital, leverage is risked based. If you want to carry overnight positions in OTM good options your leverage will be different than if you scalp SIRI. We...

I used $100k as an example. We do not have a hard cut-off. The capital required is decided on a case-by-case basis depending on what / how the member wishes to trade. Traders interested in membership should contact us to discuss specific numbers.

You must contribute capital to the LLC. The amount you must contribute varies depending on what your risk profile will look like. The member fee does not count toward commissions.

We do not offer retail accounts and have no retail traders. Professionals only.

We are not getting around anything. Our regulator does not require a series 7 for members. It is really as simple as that.

[I assume you mean our MTO (member trader organization) business, not our prop business... ] We think we are somehwhat unique in what we are trying to offer. You are correct there are 100's of sub-llcs and llcs. Most follow this model: Recruit 20 traders with at least a couple grand...

If it doesn't work for you it doesn't work. I am not going to try and convince anyone otherwise. As I mentioned before we use Sterling, ThinkorSwim and TT. We are very happy with Sterling. There may be better platforms that target a specific market, but in terms of all-around quality we...

I am not well versed in what happened at TUCO except for what I read here, so take this with a grain of salt. TUCO seems to have had two big problems. First, they were not a broker/dealer. Second they misstated their capital. We are a broker/dealer and are regularly audited. Most firms...

I am posting my reply here as I assume many others have the same questions... Our physical location is in the Chicago loop. We have a great office with professional trading stations - no folding tables. We also have amazing views of the lake, for what that's worth. We do not have a desk...

You are not an employee of the firm- you become a member of the LLC. You are not required to have a S-7. In terms of Capital Withdrawals, you can take out capital whenever you wish subject to risk control and regulatory requirements on our side (which rarely come into play). Having said...

Correct. Our members are not required to hold the S-7. We occasionally back traders, but only after becoming very familiar with their trading and character. We are also continually on the look out for traders to employee in our prop trading group. MTO- Member Trading Organization...

I posted an introduction here- http://www.elitetrader.com/vb/showthread.php?s=&threadid=125343 If you have any questions feel free to email or call. Thanks. Steve Dillinger Managing Member Cornerstone MTO | Cornerstone Trading Group sdillinger@cornerstonetg.com (312) 431-7300

I would like to introduce Cornerstone MTO (Member Trader Organization). A trading firm designed by Cornerstone Trading Group exclusively for independent professional traders. We are a well established proprietary trading firm that has been in business for nearly 20 years. For the first time...