I don't know any details since I'm not a trader there. But they dont make any money on commissions and don't accept deposits. A deposit placed at a prop shop would be still your money. If you pay a fee for training the money is gone forever. That is the difference. Additionally they share...
They dont accept deposits. You'll have to take the Keystone training program which is about 4k USD and may after that apply for a position as a trader.
Went thru like water after Bear Stearns came out with the desaster report, which generated much more volume on most exchanges even than a fed anouncement.
Hi Steve, or anybody else, who knows it,
if Arcades do overrides on coms, are they required to be registered as B/D? If they do this without being registered is this against SEC rules, or are they under other regulations?
Saico
Hi Turok,
I really dont want to argue here with you man, nor to fight your point of view! The hell is not made for men and God wants no one to see there, really no one. My thoughts on this and last statement in this thread is:
God hates sin, only because it hurts us. He would never...
The Bible was written by men (more than 40), over a timeframe of several thousand years. In the end, that whole puzzle results into one completely perfect picture. That can only be done by a higher power, which is our God, who inspired these authors. As long as you guys are trying to explain the...
I read the complain, ratboy. The point is that they generated income out of commissions from their traders, but werent rigistered as B/D. Secondly they allowed unreg. <25k traders to daytrade US stocks and finally they definitely gave more than only 4:1 BP on trader deposits. Obviously enough...