I want to start a small Futures LLC with reduced rates, similar to a prop shop for futures traders trading remotely.
Money would not be deposited with me, it would be held by the clearing firm, but having negotiated low rates with the firm, I would pass savings on to my traders.
Something like 3.75 r/t, all in (excluding s/w) with no minimum volume, going to lower rates for high volumes. Even this base rate should be at least 1.50 r/t savings over retail brokers, with no difference in risk, software availability, or speed.
CONSTRUCTIVE feedback would be appreciated.