Lake Street, Capital Trading Group, and Broad Street Securities

evo2

their is a huge difference between branch offices & trader groups

i was referring to branch offices only . correcting your statement

most prop firms have many groups & we all know that

they are growing but not as big as you made them sound in saying they have 20-30 offices . sub groups ok then

By the way if you talk to folks at wts or dimension they still say it was a merger but your right a buyout of dimension is what really happened
 
i know the rumor on the street is it was a merger but it definitely was not, it was a very quiet and carefully acquisition from my understanding.

Thanks for correcting me. I would agree with you they do own out right maybe 6-8 locations with lots of subgroups; however, a lot of the subgroups operate under a franchise so they use the WTS name. I think this is the case with Los Angeles and the ones in Texas.

There's been a lot of consolidation in the industry since the new regulations came out. Only the strong have survived. I expect it only to get worse until we're down to 2 or 3 choices for prop. I'd hate to see it come to that but it looks like that's the directions we're heading.
 
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