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  1. R

    Investment Bankers? (boutique/small, <$200M)

    Not sure what you're looking for. Probably recommend BofA, Jefferies, Centerview.
  2. R

    Why do traders fail?

    I have to point out a few errors in those diagrams: 1. The 'didn't past the interviews' part is untrue, as many employees in the named firms move on to prop firms and stay there. 2. This seems to mistake 'trading arcades' with 'prop firms'. Legitimate prop firms do not have a 'required...
  3. R

    Recommend FCM that takes $150~$250k yearly commissions?

    Interesting information - never knew the price discrimination between prop and OPM. Your numbers are in line with what I'm hearing, short of a few truly crazy BS numbers. The lowest I've seen is 1c per side but that's definitely out of my league for now.
  4. R

    Recommend FCM that takes $150~$250k yearly commissions?

    I sent you a PM with information which might be of interest to you.
  5. R

    Recommend FCM that takes $150~$250k yearly commissions?

    We've talked to a few, worked at others, so by one way or another, yes. I can confess I haven't talked to CS yet, though. I've connected with him before starting this thread. I think he'd agree that we have slightly different requirements. IB's rates will cannibalize our returns. I don't...
  6. R

    Recommend FCM that takes $150~$250k yearly commissions?

    Typo here. Too late to edit it, unfortunately. See jeb's post. We've talked to Goldman. Just curious why you included them in that list while excluding JPM for example. Yep, thanks so much for your help. Have a great week.
  7. R

    Recommend FCM that takes $150~$250k yearly commissions?

    Newedge is a good place. We received very competitive offers over them though. Thanks for sharing. I'm unsure how you arrived at 22K+ per day or the list that you've come up with. Why is Goldman lumped with an entire group of retail FCMs? :confused: I'd be interested to know your...
  8. R

    Recommend FCM that takes $150~$250k yearly commissions?

    Both firms are smaller than what we're hoping to find. We'd form as much as 5% of their customer equity. The market access is also rather limited for expansion purposes (I apologize, I did only mention CME). The other firms that we've approached have a full-fledged prime services.
  9. R

    Recommend FCM that takes $150~$250k yearly commissions?

    Hey guys, I'm looking for a FCM to clear 2.5 million contract sides per year (CME group). Talked to a few and the rates still show too much variance. Some do not seem adequately prepared to support our infrastructure (prefer that we go with one of their bundled services), some also want larger...
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