Mirus prop shop

F

fahim6767

Hello, I have been searching between AMP and Mirus for Ninjatrader or Multicharts.

I just did basic nfa search on them and discover very interesting fact that Mirus/Zenfire also owns a Prop Shop HARD EIGHT FUTURES LLC .

That is very scary to me. I’m speculating right now but if they know their clients trades and can see all the orders, they can use that knowledge to their advantage for their prop shop. I don’t think it should be allowed for Mirus to prop trade ever. Especially after MF global situation.

What do you think?
 
Quote from fahim6767:

Hello, I have been searching between AMP and Mirus for Ninjatrader or Multicharts.

I just did basic nfa search on them and discover very interesting fact that Mirus/Zenfire also owns a Prop Shop HARD EIGHT FUTURES LLC .

That is very scary to me. I’m speculating right now but if they know their clients trades and can see all the orders, they can use that knowledge to their advantage for their prop shop. I don’t think it should be allowed for Mirus to prop trade ever. Especially after MF global situation.

What do you think?
More...

No f*cking way they own Hard Eight. AMP and Mirus are bucket shops next to Hard Eight. Hard Eight is one of the largest players in Chicago. Each Partner alone could buy out Mirus 50 times over. I don't believe this for a second.
 
Quote from fahim6767:

Hello, I have been searching between AMP and Mirus for Ninjatrader or Multicharts.

I just did basic nfa search on them and discover very interesting fact that Mirus/Zenfire also owns a Prop Shop HARD EIGHT FUTURES LLC .

That is very scary to me. I’m speculating right now but if they know their clients trades and can see all the orders, they can use that knowledge to their advantage for their prop shop. I don’t think it should be allowed for Mirus to prop trade ever. Especially after MF global situation.

What do you think?
More...

The market doesn't care about your position. You could be spreading, hedging, directional, ect. The market is just a utility. You can profit from an institutions losses in CL for example and they could be profiting at the same time in NG not caring about their CL losses while you are on the other side making money.

Trade the market for what it is. The money is in the daily swings. Sell the downmoves, buy the upmoves and ride them to the extent that the past has proven likely.
 
Yes, that is what is scaring me. HARD EIGHT FUTURES LLC such a big prop shop and owns Mirus. Can they not take the other side of our trades or push the market to our stops?

See NFA: IGOR CHERNOMZAV

BIGWELLS TECHNOLOGY LLC
• PRINCIPAL APPROVED
FORTY4 ASSET MANAGEMENT LLC
• PRINCIPAL APPROVED
HARD EIGHT FUTURES LLC
• PRINCIPAL APPROVED
MIRUS FUTURES LLC
• PRINCIPAL APPROVED

See NFA: CALEB FRYER FISHKIN

BIGWELLS TECHNOLOGY LLC
• PRINCIPAL APPROVED
FORTY4 ASSET MANAGEMENT LLC
• PRINCIPAL APPROVED
HARD EIGHT FUTURES LLC
• PRINCIPAL APPROVED
MIRUS FUTURES LLC
• PRINCIPAL APPROVED
 
Quote from fahim6767:

Yes, that is what is scaring me. HARD EIGHT FUTURES LLC such a big prop shop and owns Mirus. Can they not take the other side of our trades or push the market to our stops?

See NFA: IGOR CHERNOMZAV

BIGWELLS TECHNOLOGY LLC
• PRINCIPAL APPROVED
FORTY4 ASSET MANAGEMENT LLC
• PRINCIPAL APPROVED
HARD EIGHT FUTURES LLC
• PRINCIPAL APPROVED
MIRUS FUTURES LLC
• PRINCIPAL APPROVED

See NFA: CALEB FRYER FISHKIN

BIGWELLS TECHNOLOGY LLC
• PRINCIPAL APPROVED
FORTY4 ASSET MANAGEMENT LLC
• PRINCIPAL APPROVED
HARD EIGHT FUTURES LLC
• PRINCIPAL APPROVED
MIRUS FUTURES LLC
• PRINCIPAL APPROVED
More...

You are changing your story. First you said Mirus owns Hard Eight. Now you are saying Hard Eight owns Mirus. Neither are true. One of the partners is a principal at Mirus which probably relates to their CTA business.
 
There is no story... this is fact. After MF Global you have to at least do basic search when choosing a broker.

Even more interesting - Hard Eight owns Zenfire and Mirus.

See NFA: BIGWELLS TECHNOLOGY LLC - doing business as Zenfire

All of these owners are listed as more than 10% share of Zenfire:

BIGTICK LLC
KEVIN LEONARD BOHREN
SCOTT S CAUDELL
IGOR CHERNOMZAV
CALEB FRYER FISHKIN
PATRICK JON SHAUGHNESSY
ELIOT JAMES WICKERSHEIMER
 
Quote from fahim6767:

There is no story... this is fact. After MF Global you have to at least do basic search when choosing a broker.

Even more interesting - Hard Eight owns Zenfire and Mirus.

See NFA: BIGWELLS TECHNOLOGY LLC - doing business as Zenfire

All of these owners are listed as more than 10% share of Zenfire:

BIGTICK LLC
KEVIN LEONARD BOHREN
SCOTT S CAUDELL
IGOR CHERNOMZAV
CALEB FRYER FISHKIN
PATRICK JON SHAUGHNESSY
ELIOT JAMES WICKERSHEIMER
More...

I'll tell you what man. Take off the tin foil hat and open an account with Velocity then. Problem solved.
 
Quote from fahim6767:

There is no story... this is fact. After MF Global you have to at least do basic search when choosing a broker.

Even more interesting - Hard Eight owns Zenfire and Mirus.

See NFA: BIGWELLS TECHNOLOGY LLC - doing business as Zenfire

All of these owners are listed as more than 10% share of Zenfire:

BIGTICK LLC
KEVIN LEONARD BOHREN
SCOTT S CAUDELL
IGOR CHERNOMZAV
CALEB FRYER FISHKIN
PATRICK JON SHAUGHNESSY
ELIOT JAMES WICKERSHEIMER
More...
there is a lot of dough in making money off your commish,both sides,whether you win or lose, they win,they can't hunt your stops,because they(bigwell) are being hunted by goldie,jp...the segment of the market gives them a clue as to when the little guy is x% long times 5(?) million customers and how often statistically that's over bought/sold..maxed out...exhausted....and they can combine that with some other data and catch the big turns,you have to figure it out without that data ,but you are only moving one 5 millionth of a position
 
I run two data feeds from unrelated companies, one of which is Mirus/ZF. It never diverges from the other data feed. If they're running stops, everyone is running stops - all together, in unison.

The market itself is the great stop-running machine in the sky. These guys just charge a fee for access.
 
I think my previous post belongs to this thread:

Because of MF Global, we have to really look into the whole business of the brokers. When i started doing a little research about mirus this is what i found and i started thinking about it and it scared me.

Hard Eight is a major prop shop.
Hard Eight owns more than 10% of both mirus and zenfire.

Since all customers orders are entered through zenfire, with a little programming, Hard Eight could see all of the customers positions and stops and either take the other side of our orders or push the market to run our stops. It could be a "market profile" of actual customer orders...that is scary
 
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