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options market making, seed capital
- Thread starter mmt
- Start date
I did get an offer from a MM firm (ex traders from the company I used worked for) but I think I can make more for myself as an independent trader.
Obviously I run the risk of not making any money or not enough to cover my costs but, it is something I want to try.
Obviously I run the risk of not making any money or not enough to cover my costs but, it is something I want to try.
Pick a city, NY, Chicago, Philly or SF. Move there. Hedge your overhead costs and go to town. I got news for ya, if you don't have enough edge to make money for a Cutler or a Peak6, you sure as hell don't have enough edge to overcome 12k a month in overhead at a minimum.
Thanks.
I think I will contact them. Does Cassandra have a website?
I think I will contact them. Does Cassandra have a website?
Sure. Cassandra. Consolidated.
Thanks.
I think I will contact them. Does Cassandra have a website?
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=34282199
This is all I saw.
Cassandra doesn't seem to trade options from the short description on the business-week snapshot and their website is down. I'll try calling them again later.
Consolidated said they do not work in partnership with traders. They only hire employees.
I would appreciate any info on potential backers (or leverage providers like Cutler) for option (whether on stocks or futures) market makers.
Thanks in advance
Consolidated said they do not work in partnership with traders. They only hire employees.
I would appreciate any info on potential backers (or leverage providers like Cutler) for option (whether on stocks or futures) market makers.
Thanks in advance
Cassandra doesn't seem to trade options from the short description on the business-week snapshot and their website is down. I'll try calling them again later.
Consolidated said they do not work in partnership with traders. They only hire employees.
I would appreciate any info on potential backers (or leverage providers like Cutler) for option (whether on stocks or futures) market makers.
Thanks in advance
Cassandra is a JBO. They are market makers. That is their business.
I used to work for an options market making firm. I am looking to start a firm which will market make options. There seems to be many people willing to back futures strategies but are there any companies that are willing to seed option MMs?
Any advice would be appreciated.
How long ago were you a MM?