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  1. R

    ECHOTRADE

    Bryan, I interviewed at the Wall Street office a few days ago.The ofc just opened recently.They are looking for people trading strictly prop and also people who want to trade their own money.I dont know if the prop deal is available in all echo's ofcs,maybe you can call them or Rtharp can...
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    ECHOTRADE

    FWIW,I interviewed with Worldco,Hold Bros.,Generic,Schonfeld,All-Tech,Bright,On-Site Trading and 2 smaller "boutique" trading firms.I believe ECHO offers the best deal for someone trading strictly prop,with no capital outlay and no experience. - 0 initial capital - mentorship,formalized...
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    HOLD BROTHERS

    Mug, went to the firm today to re-confirm my deal here it is in a nutshell,some details left out >$1 in and $1 out from 1 to 5,000 plus ECN charges,but no markup on those fees,flat rate,no per share commision charges >50/50 payout initially,60/40 after 2 months,negotiable after 120...
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    HOLD BROTHERS

    Mugshot, the deal was for $1 in and $1 out,no per share fee up to 5,000 shares,ECN fees do apply,but if you use the ATTAIN ECN you get a .0002 cent rebate.Payout is 50/50 initially,60/40 after 2 months if profitable.Reason given by the recruiter for the low payout was that they make money...
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    Prop trading after decimalization

    Thanks for the info guys,much appreciated.As far as I know the deal is from 1 to 5,000 shares the fee is $1 in and $1 out,no per share commission charges,this only applies to prop traders and not their retail customers.Reason given to me by the recruiter was that they dont make money on...
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    Prop trading after decimalization

    Id like to correspond with anyone who can tell me about Proprietary trading in general and the proprietary program at All-Tech in particular.I have interviewed with several Daytrading firms in Manhattan,On-Site,Worldco and Bright Trading.My deal with All-tech is as follows,$2 R/T commissions up...
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    HOLD BROTHERS

    for the people in prop programs:Ive been recruited by All-Tech to be a proprietary trader,they promise me $2 R/T commissions up to 5,000 shares,no other fees,others Ive spoken with such as Worldco,Onsite and Bright trading are offering 1 and 1/2 to 2 cents per share,significant difference in...
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