CBD Trading Group - is this an Echo spinoff?

Never heard of them. Looks like a brand new firm? At least they're with Merill for short stock availability. Anyone used Merrill's trading platform?
 
Quote from Copernicus:

anybody? they have offices throughout the country, so they cant be brand new..
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Actually, they can be new. The Rector St office in NYC is just part of the MErrill branch. You start a prop firm, go through Merrill and just ask them if they have any space for traders. Then you call that your office.
I don't know anything about this firm , just pointing out that b/c they have multi offices doesn't mean they've been around long.
 
To be a prop firm that clears Merril and gets serviced by them, a firm needs to be a Broker Dealer as well as meet certain net worth qualifications. Merril will not deal with an LLC that is not a broker dealer. You can PM me if you have questions.
 
cbdtradingroup has a jbo thru Merrill pro which by definition has to have at least $1M of their own $ correct? unlike sub llcs or "overrides" firms that basically act as marketers/outsourced help desk for a BD w.o neccesarily proving capital. Any comments?
 
does anyone know anything about them? legit shop?

who r the principals? r they adequetly funded?

can't get any info online....

friend of mine mentioned the NY office.

thx.
 
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