Anyone trading from Singapore?

Quote from bulleye:

how do you find trading conditions in SG?
---If u mean trading Nasdaq in Singapore, i'll say so far, so gd. I'm trading under a prop firm, they provides all its proprietary software, fee paid is almost similar to most prop. firms in US or Canada. Level2, charts, etc all provided. My firm lease a direct access line linking to Nasdaq, so execution time is about 0.2sec.
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Hmmm we have prop firms in Singapore? :eek:

Mind recommending a few?
I'm considering joining a prop firm to day trade NASDAQ.
Didn't know our finance sector is developed enough to have such firms here! (our finance sector is pretty screwed up lol)
 
Quote from Remiraz:

Hmmm we have prop firms in Singapore? :eek:

Mind recommending a few?
I'm considering joining a prop firm to day trade NASDAQ.
Didn't know our finance sector is developed enough to have such firms here! (our finance sector is pretty screwed up lol)
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Basically newcomers have to undergo 3mths training, and we trade on firm's capital. Though Singapore branch is setup not long ago, the parent company is well-established long enough in Canada. Its the 1st time they are into Asia. 2 branches were also setup in China, together with Singapore branch. Prop trading is new in Singapore. Its best to remain low-profile as I believed too much of a ho-ha may attract MAS attention. Its fully legal in Singapore, just that u know, the govt likes to "get a share of everything", and the worst if they setup restrictions here and there, u shld know what i mean.

Yeah, our financial sector is screwed up! So well-regulated I have to admit, but very few get caught doing "under-table" stuff. sigh...

Take care. :(
 
Quote from waytrader:

Bulleye. what software/system u use for Nasdaq trading?? and whats the price?? thanks.
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Hi, I cant tell u the name of the software, it can't be bought off the self from mkt, as its proprietary software developed in-house. Its much convenient to use, compared with those online local houses ones. U only get to use it when u join our company as prop trader.

Rgds :)
 
Quote from bulleye:

Hi,

Basically newcomers have to undergo 3mths training, and we trade on firm's capital. Though Singapore branch is setup not long ago, the parent company is well-established long enough in Canada. Its the 1st time they are into Asia. 2 branches were also setup in China, together with Singapore branch. Prop trading is new in Singapore. Its best to remain low-profile as I believed too much of a ho-ha may attract MAS attention. Its fully legal in Singapore, just that u know, the govt likes to "get a share of everything", and the worst if they setup restrictions here and there, u shld know what i mean.

Yeah, our financial sector is screwed up! So well-regulated I have to admit, but very few get caught doing "under-table" stuff. sigh...

Take care. :(
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Canada...hmmm.
I think I know which one.
I pm u.
 
Hi Bulleye,
I am surprised to hear that there are prop. firms in Singapore. I am very tempted to try it out. Can you tell me about your experience ? What are the startup cost ? Is the training provided any good ? How are you doing so far ?
 
aya... bulleye, there r nothing secret about it...

the software use is nothing special, its similar to IB with hotkey...
as for their charting software, i think they use ESignal..
 
Candidate Requirement (egs. diploma group or years of work experience, etc
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Okkie dokkie, I guess that counts me out.

By the way, what so infamous about Swift Trade?

I guess that means direct access trading thru an ECN from home is still the best choice...
 
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