i looked on the cboe site briefly, seems like a maze to get to the list of member firms . however since mav sounds like he wants to share & help out fellow traders, i know your saying the facts about the cboe. since its public info & not a conflict for a trader to share with fellow traders trying to do their biz the right way. MAV can you help out & share a few names with us?
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PDT Rule & Prop Firms
- Thread starter tito
- Start date
this will help clarify things if maverick can answer.
1)if i join a prop firm/llc and they are members of ALL 3 major stock exvhanges,they can make me a member of all three as well. provided i apply and fill out paper work?
2) once i become a member,the 25k requirement becomes a moot point.
i can now get any leverage the firm wants to give me with whatever deposit they ask for; 2k, 5k,whatever they say is ok?
1)if i join a prop firm/llc and they are members of ALL 3 major stock exvhanges,they can make me a member of all three as well. provided i apply and fill out paper work?
2) once i become a member,the 25k requirement becomes a moot point.
i can now get any leverage the firm wants to give me with whatever deposit they ask for; 2k, 5k,whatever they say is ok?
Quote from scorpion:
i looked on the cboe site briefly, seems like a maze to get to the list of member firms . however since mav sounds like he wants to share & help out fellow traders, i know your saying the facts about the cboe. since its public info & not a conflict for a trader to share with fellow traders trying to do their biz the right way. MAV can you help out & share a few names with us?
Scorpion, I don't mind helping people out. In the past when I have done that, I usually get it thrown back in my face. People on this board are not thankful for anything. That's why they bark out orders: GIVE ME A LIST! SHOW ME! DO THE HOMEWORK FOR ME! I'M TOO LAZY!
Naturally I feel inclined to pass on helping those individuals. But just to prove my point to you, I'll do it one more time. I'll give you a name. And we'll count togethor all the negative responses I get from it. Deal?
OK, Cassandra Trading. I have no affilation with this firm at all. They are a JBO and members of the CBOE. I tried to go to their website but it looks like they are rebuilding it but you can cache their old one.
Now here is another thing I am afraid of. Cassandra is going to now get 500 calls from every 5k piker on ET asking about opening accounts and they are going to ask who the hell posted their name to these pikers. That's another reason why I tell people to do the homework themselves that way I'm not the guy to blame when 500 people call them.
However, just to prove my point, I gave you a name. You'll see by the responses why I won't do this again.
Quote from Warrior4g:
this will help clarify things if maverick can answer.
1)if i join a prop firm/llc and they are members of ALL 3 major stock exvhanges,they can make me a member of all three as well. provided i apply and fill out paper work?
2) once i become a member,the 25k requirement becomes a moot point.
i can now get any leverage the firm wants to give me with whatever deposit they ask for; 2k, 5k,whatever they say is ok?
No, you will be a member of their SRO exchange. Not all 3. You only register with one exchange.
Yes, the 25k requirement becomes a moot pt, but just a little heads up here. No one is going to let you come in with 5k. That was the whole idea behind the sub'LLC's. No BD wants that risk. That is why they pawned it off on a sub-LLC to absorb that risk.
But yes, in theory, once you are a member of an exchange and join a member firm, the capital you are required to put up is between you and the firm. SEC has no say in it.
Quote from ratboy88:
why all the drama? just post the link from the CBOE that you brought up. the one with the list of all the prop firms.
Link? Dude, do you have a cell phone. Just call the CBOE and ask for a list of all their member firms and they will fax it or e-mail it to you. Seriously, are you that f*cking lazy. The CBOE website is a mess and I'm not going to waste my saturday looking all over for the link. I have posted the link on ET before a long time ago. So either do a search on ET or better yet, pick up the f*cking phone you lazy prick. Thank you for proving my point. All it took was one post. Congratulations Ratboy, you WIN!
Quote from Maverick74:
Link? Dude, do you have a cell phone. Just call the CBOE and ask for a list of all their member firms and they will fax it or e-mail it to you. Seriously, are you that f*cking lazy. The CBOE website is a mess and I'm not going to waste my saturday looking all over for the link. I have posted the link on ET before a long time ago. So either do a search on ET or better yet, pick up the f*cking phone you lazy prick. Thank you for proving my point. All it took was one post. Congratulations Ratboy, you WIN!
dude.. you are the one that suggested that people go to the CBOE website for the list of all these wonderful firms. i went and didn't see it. is it not there like you said it was? wouldn't it just be easier for you to show us the list that you meant? i sincerely made the effort to look. maybe i need to be a member.
i asked for this last night btw... why all the drama? i don't understand why you are being a drama queen? if i had told people to go find it and it wasn't there.. i would look for it and post the link.
Quote from Maverick74:
Scorpion, you can go to the CBOE's website and get a list of all the member firms and start calling them. We are members of the CBOE as is Cassandra, very similiar to ours. The information is out there. No one is hiding it. I just don't have it at my fingertips at the moment.
as you mentioned here... where is the list?
Quote from Maverick74:
I have also stated countless times on this thread that all one has to do to get a list of all the prop firms on the cboe is to actually go to the cboe website. Are you telling me that people are so freaking lazy, that not only do they not want to take the series 7 exam, but they don't even have enough in them to go to a website to do 5 minutes of research? I'm really speechless.
so there is no list on their website?
Quote from ratboy88:
as you mentioned here... where is the list?
Ratboy, this is the last time I am discussing this here. You can go to the CBOE website and get a list of the firms. There use to be a link. I posted the link on ET a long time ago. That link may not be there anymore. I don't work for the CBOE. It's not my job to maintain their links. In the last 12 months they have added a shitload of useless crap to their website so their links are probably very hard to find.
I do know they have a number on that website you can call to get a list of all the member firms and they are very good about providing that info. So if you have a phone, I don't see what the issue is. Is it my fault that they might have moved the link since the last time I was there (12 months ago)? Am I to blame for that? Is it my responsbility to make sure that I keep up to date on all the latest changes to their website? Every exchange site I have ever been to lists their member firms. If the CBOE moved the link or put it somewhere that is password protected, there is nothing I can do about that.
Either way, you are making a big deal out of semantics. You know they have a membership dept, you know they have a number and you know you can call them. Yet you choose not to, instead you harass me about where all their links are. This is what is wrong with the world Ratboy, people like you. Stop blaming the government and look in the mirror. This is what society has become. And you are the prime example of that. Nobody wants to work for it anymore.