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We're gonna need to see solid increase in demand across the board - Europe, US, Latin-America Asia, Africa & Middle-East in order for copper to rise significantly. Or at the very least, a majority of these regions. Remember that industrial demand for copper is driven a lot by construction where...

According to what I've researched and read, it's not illegal for the trader. It is illegal for US residents to be working for an international firm without a work permit for the country the firm is registered in. The problem with Lake Street and Broad Street is that these were US firms operating...

Guys, joining an international firm sounds good because it's cheaper off-the-bat but the tax rates from foreign income are much higher than the rates for capital gains you receive with a US broker-dealer. it's not worth it. Spend the $1000 and get the license. You have no business being around...

If you're for a free-market then you are for the individual being allowed to sell for whatever price he wants. Even at $1 a share, they have a right to price their service at whatever they feel it's worth. Likewise, you have the right to choosing between competitors. If you aren't happy with the...

My advice is to stick to a US-registered broker-dealer. It may be a pain in the ass but there are a lot of regulations that put protections in place that help the customer. The licensing process is expensive and a pain in the ass. Ultimately, your money is at risk in the market regardless. Once...

It's in the OP. "firm with dark routes such as dpass, ubspass, nite, and db9 the more the better"

words of truth

The regulators are the ones who are causing the prices to go up. Burdensome regulations have real consequences on firms, especially smaller firms. The new regulatory climate is tough. It costs 600-1000 dollars just to register to open an account these days. Things aren't looking too bright in...

The prices are going to go up eventually, it's only a matter of time. Accessing that type of leverage with such low clearing rates and so little capital is not going to be around for long. The new regulations have hit wall street hard and since prop-firms are among the smaller firms on the...

I'm not a trading manager but I can say with a lot of honesty that every time I have seen a trader with a solid strategy, others that see it can and will attempt to mimmick it. That doesn't mean they will be successful as they may be unable to implement the strategy both in the market and...

the only one I know out there is WTS. You gotta be a real early bird to be trading the US markets in PST.

your money is never truly "safe", regardless of who is overseeing it. Accepting the risks associated with prop-trading is part of the learning curve. Your money is never really safe. Even in Caribbean banks, it's very easy for funds to be frozen. These days it doesn't seem any country can get...

In response to my earlier posting, At this point in 2013 I would suggest you save your money. 2-3,000 dollars is not gonna get you anywhere. DMA access prices are getting ready to jump way up over the next year or two because of the new regulations going into effect. You are better off...

All you can really do to protect against a broker or anyone else accessing your strategy is to have a non-disclosure agreement with the broker that is pretty solid and can protect you if you find out they did use your strategy; however, there's no way to "keep it a secret" from anyone. In my...

I would assume it depends on the SRO (CBOE or NYSE or whoever the firm is registered with). From what I remember from the S exams, it is typically either every year or every other year.

I was there first night. it was all big-name retail brokers with a few education firms. No prop or anything along those lines. IBD and some other news and data providers were there. Overall, from seeing that at a place like NYC you can tell the small businesses in the trading industry are...

you won't find anyone outside of WTS that can get those types of rates. believe me, I've tried.

I'm not sure about the 66 but any registered US prop firm can register your 7. Since props trade their own capital, they have no reason to have registered investment advisers in the organization. Be aware that regardless of what firm you join you will be subject to monthly fees like data...

I asked because I think Goldman/Bright settles their accounts in the same way. If they're with a smaller clearing firm, it's a different situation.

ECN rebates are settled end-of-day with every prop firm. I've never heard of rebates being held back. If you don't mind disclosing, which firm is this?