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  1. L

    Looking for Prop firm / Simplex?

    Can anyone explain or reference me to a site about haircut? Do the better prop firms such as Bright trading charge haircut?
  2. L

    Looking for Prop firm / Simplex?

    Thank you all for your responses. I'm out of the country until Monday, I will call you then Mr. Bright. lescor - I am looking to trade primarily equities but occasionally options so that is of interest to me. <b>**Simplex Leverage Trading is not a broker dealer. ** </b> What does...
  3. L

    Looking for Prop firm / Simplex?

    I must admit I am new to the prop trading world and not completely sure I understand 'haircut'. I get the basic concept but I am under the impression you are only charged that when you do not have capital of your own as collateral. Firms such as Simplex claim to offer 20:1 leverage with...
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    Looking for Prop firm / Simplex?

    Apparently I must be a subscriber to read that first article. I appreciate your answering my questions and I have read through your website. You do seem like a fine operation and although I do not have much interest in doing the Series 7 I would gladly do it for the peace of mind of being...
  5. L

    Looking for Prop firm / Simplex?

    Let me make the amendment that I would like $400,000 leverage rather.
  6. L

    Looking for Prop firm / Simplex?

    Certainly I am willing to if it provides some kind of cost or other significant advantage.
  7. L

    Looking for Prop firm / Simplex?

    I'm a daytrader looking to trade with intraday leverage and low commissions. I have $40k of my own money but I would like intraday leverage of $200k. Simplex seems to be just what I need but I have a hard time trusting my money to people with a somewhat amateur website with misspellings...
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