Search results

If people of this board think the prop model is going away you are sadly mistaken. The SEC action came as a result of a routine audit of GLB. Large commission checks paid to one rep was a huge red flag and they dug deeper. A licensed rep owning a trading LLC is a HUGE no-no. Anyone who has...

The accounts are NOT frozen....they are in receivership.....that is a huge difference.

http://www.tflinc.com/media/Supplemental_Order_TRO.pdf This clearly states that the court denied the SEC's request to shut down Tuco. It actually says they can still operate in a normal way. Anyone else conclude the same thing?

Maybe Don can comment why he can take a risk deposit and pay out 100%. Maybe he can reference the rule that says he can give out excessive leverage just because a guy has a Series 7. The article (which has a few lies in it) makes reference to a big name BD being next.

This is a blatant lie and I wouldn't be surprised if he gets sued over it: "This SEC emergency (shut-down) order against Tuco appears to be a “going out of business” sign for most sub-LLC prop trading firms not organized as broker dealers. " The SEC in no way shut down Tuco. Penson...

I have a retail account through Genesis and just got hit with HUGE ECN fees from the last several months. It was explained to me that they were charging $2.50 for NYSE route outs instead of $3.00. When I looked at my trading records I see that it was true. Also, they said there was an...

As I have mentioned in another thread, I have referred many traders to JC Trading over the last year. All of them are very happy there. They are definitely in the top 3 of the largest Genesis prop groups. You can also just call Genesis and ask them.

LV, Check out this thread with some positive comments of JC. It sort of got taken over with some name calling from a few posters that didn't relate to JC. Although I don't trade through them, I have recommended a handful of traders to them and they are very happy trading there...

We do not want to disclose the name of our fund on a public board. We will obviously disclose it to anyone that we are dealing with.

Definitely not a "flame". We are looking to either license the strategy from the trader or bring them on board as a sub account manager. Thank You.

Hombre, Thank you for your interest. We would prefer to correspond by email. Our email is spam.Thank You

We are a medium sized hedge fund seeking an intraday stock trading strategy. Our current strategies are all intermediate term and we are looking to diversify into some shorter term trading for a portion of our fund. This is not our expertise. The strategy MUST have the following...