Any Prop Future firms?

Quote from osorico:

Nevermind.
Found several explanations via web search for "cross margin".

To answer my own question, the answer is yes. (that's how I'm understanding it, so long as the "product" is eligible for cross-margining AND the clearing firm where "product" is held meets specific requirements AND participates in cross margining.) Ultimately, the purpose of cross-margin is for reduced margin requirements given multiple qualifying positions within a single and possibly across multiple account(s). Nothing specific to any particular strategy.
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Ok any firms in the NY area ? preferably, Queens , LI... Forget about the train to the city every day...


Nick
 
So how would a futures prop deal work - did not know this was a possibility.

Do I still trade with only my funds/leverage, or is there the ability to increase the amount of trading funds available for my systems that are already profitable?

Do I need series 3?

Thanks for any answers!
 
Quote from 5Pillars:

So the "other" guy can blow out your account too? :D sign me up!
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Actually cross margin has nothing to do with leverage and nothing to do with blowing out other people's accounts.

How many times do we have to explain this shit. There are hundreds of posts on this shit and still people don't get it.
 
in prop future firm how does it work
Do u have to deposit 10K 5K or 20 K
i know that their commission are also cheap comparing to the regular brokers
And what in dof paqt out do ther offer
100 , 70-30 75-25 50-50
any one who is working at a prop future firm please give use your experience and advice
 
Cheaper commissions, 100% payout, at least $25k for trading more than 1 lot at a time but this is up to the firm, huge intraday leverage and normal overnight leverage. I think any good futures prop firm will offer that.
 
Quote from Maverick74:

Actually cross margin has nothing to do with leverage and nothing to do with blowing out other people's accounts.

How many times do we have to explain this shit. There are hundreds of posts on this shit and still people don't get it.
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yes I get it - but that was a joke, ever heard of those? :D
 
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