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Interested in any insights for anyone that has used IRESS currently or in the past. Wondering what the key differences are from other platforms like Laser or Sterling Pro. Offered a gig at a bank firm that uses this platform. Costs are high compared to laser or Sterling Pro and I am trying to...

Interested in any insights for anyone that has used IRESS currently or in the past. Wondering what the key differences are from other platforms like Laser or Sterling Pro. Thanks

Hi all, I was recently ofered a positioned with a bank pro desk where they povide the capital, leverage, low commission and 50/0 split. I was thinking about going the self funded prop route. When comparing the 2 roles prop vs Pro I have to ask: Is there really a difference? If you think...

The question I have is: is there really a difference? If you think about it they are not so different.While true prop firms don't require capital they typically hold back a percentage of gross profits in a seperate account to ensure you don't do something irresponsible with your capital. Often...

Piker, Can you tell me what firm this is? Tks.

Interested to see who everyone believes are the best of the best out there. To keep it fair lets have 2 seperate categories: 1. Props that incorporate a split w low commission 2. Props will no split with higher commission. Please feel free to post your reasoning.

Up until recently I was unwilling to look at firm that paid less than 100% however I have now talked to a few regarding their scale and was wondering if anyone had an idea of what a typical payout scale looks like for comparison purposes. Here is one of the offers 0 to $250000 70%...

For those indivualds who trade remote for a prop firm or are sef capitalized can you recommend what is necessary for a proper set up (out side of the pc and monitors) i.e. T1 cable vs dial up etc. As well as any other considerations most ill equipped traders gloss over. Thanks

Can anyone recommend a lawyer and accountant who have expertise in dealing with Canadian traders? Cheers,

Can anyone recommend a lawyer and accountant who have expertise in dealing with Canadian traders? Cheers,

More thoughts from Mr Steenbarger http://traderfeed.blogspot.com/2008/07/proprietary-trading-firms-arcades-and.html I've received several emails lately in which traders asked me about joining proprietary firms that offer training for very high fees (many thousands of dollars/euros). The...

Courtesy of Brett Steenbarger http://traderfeed.blogspot.com/2009/01/jobs-with-proprietary-trading-firms.html I've received a large number of emails from traders interested in joining a proprietary trading firm. Many of these correspondents appear to lack understanding of prop firms and...

No offense taken. It was funnny and I do appreciate other peoples passion (even when directed at or against me). Good point about the commission.

Wow....it was just a question to ensure i wasn't missing anything...u know...keep learning & keep an open mind..... for the record if I have the funds to by the big contract wouldn't that imply i have already been a tiger in my life? Just a thought. Now back to my cage......... p.s...

Wondering if any of you have any thoughts as to whether is better to trade the e-mini or the original futures contract. As I see it using the ES as a proxy the e-mini allows for greater participation due to its margin requirements but the bigger contract offers greater leverage (based on the...

Can you select unbundled for futures and bundled for equities? I imahine not but it never hurts to ask.

Did you have any luck finding out info on RTFM?

I'll answer my own question in case others are searching on this topic: SEC Charge Note: SEC charges a fee of $25.70 per $1,000,000.00 (effective April 13 2009) of market value for all SELL side orders. This fee is assessed for all SELL orders executed by Online Brokerage Services and is...

Thanks everyone for your input. Let be be even more specific with this question. Can anyone tell me what their specific trading costs are. Basically I am trying to ensure I understand all potential fees from order entry to exit. I have been reading various threads and here are the lists of...

your debate got me thinking so I put this sheet together. Looks to be like the low commish isn't as appealing unless you have a really low PNL.