In House Prop Trading

[Traderstan]

Hello,

Does any prop firm offer trading in the office besides T3? Also is there still any prop firm that does not require Series 57 these days?

 

[Robert Morse]

Also is there still any prop firm that does not require Series 57 these days?

If they are a registered broker dealer, you have to take the appropriate test (7, 57 or both).
If they do not require you to take a test but require you to deposit funds as first loss, that can be a red flag.
There are traditional prop firms, most are in Chicago/NYC, that are not broker dealers, have trading arcades and do not require your money, as they back you. These are much harder to get approved for.

 

[Risepoint1879]

SMB Capital has in office traders, but you have to apply and show results or promise for them to take you.