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Wasn't this all discussed in another thread ? Why not try Bright ?

I for one can say that the layoffs in NY were not necessarily based on recent performance. And it was defintely the manager that made the decision. I think they were given a number to get rid of and then they chose who (or is it whom ? ) to dump. Yes, many of those have never traded very well...

Don't know and/or understand their reasoning. But if they make money that way, good for them. I am wondering if should go for a hot dog stand or maybe just pretzels and soda. Decisions decisions, what is a trader to do. I bet if I had my Harvard degree I would know what to do.

In the last few months I checked out most Prop trading firms (doesn't include banks, brokerage houses, etc.). The only one that I know of is FSNY. They seem to want top grads with no experience in trading. I heard (or maybe I saw it on their website, not sure) they paid aprox. 50,000 and then...

Now I understand why I have trouble dealing with myself. Thanks for the insight. :D

Interesting enough, it seems other firms look at me better once they hear I was at Schonfeld for 2 years. AT this time I would like to thank my mother and father for all their help. I would like to thank the Acadamy for the award and hope this brings peace and goodwill to all men (and...

The doorman is still there. And Schonfeld is hiring. I think that covers it.

I thought I was just write that stuff and leave it at that. What I meant by clean was not refering to SEC stuff. I don't know any firm that has never gotten any slaps. What I meant was that they are very "clean" and straight when it came to their traders. And yes, he wrote off lots of bucks...

Just one more thing. If you'll notice, there was no mention at all about Schonfeld on these boards until they started "deleting" traders. So my guess is that the disgruntled from Schonfeld have found a lot of time on their hands while they look for some new place to go to.

I am (as usual) late in my replies to these threads. By now another 200-300 Schoni traders have been asked to resign. Yes, I am an ex-schoni. No matter what anyone says, Schonfeld is probably the greatest place to trade as a beginer. Where else can a rookie trading 100-500 shares rub shoulders...

I see I am late for responses (what's a month or so anyway). Don't know about LA offices but in NY the word is interesting. A few angles have been told. Schoni has 2 upscale offices in Manhattan. They are consolidating them into one office (probably the Madison Avenue one) and closing up Park...

I looked through the ratings that the "pros" here on Elite have made. Looks more like a sounding board for dusgruntled traders. I guess whoever made money at a firm gives a great review and the ones that lost money or got tossed give a horrible review.

I just read back a few pages and I noticed discussion of the amount of owners money put up to trade. I didn't realize these amounts were so low. I came from a firm that does not ask for any money put in. The commissions were a flat 1.2 cents. The payouts were not as high (which seems fair...

Last I heard from a friend trading at a NY Andover office is...... No more prop trading. And for those using firm money, no more overnighting. Friend will be looking to leave now and looking to be a "stock" boy in a grocery store. At least he gets a salary and a discount on food. So much for...

I've only been accessing this site for about a week now. It is very interesting how this particular thread started (any props hiring ?) and I believe there was one or maybe a second response to "any props hiring". Yet there are 12 pages (and growing by the minute) in this thread. I sit and...

I emailed Lion and had a response back in less than an hour. Seems pretty UNfishy to me. Try again........

Schonfeld does both NYSE and NASDAQ. I am an ex-Schonfelder looking to go elsewhere. I know it has been discussed in this mass of replies, but I will ask again anyway. Any recommendations to a proprietary (as in "firm capital only") firm that is good to work at ?