It sounds like you all should get together and find office space. I am sure that the synergy of all these traders (equities, futures, etc) will be beneficial to each one of you. The kicker is to make people commit to the office space through some sort of a lease agreement or contract for a minimum. Many times, guys act really serious about doing something and then back out in the last minute.
san diego traders
- Thread starter smokey_mcPaat
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I will find an investor to back the office and you manage, mentor and handle a shit that the money guy wants no part of. I have been looking around and feel that this is the best place on the West Coast for an operation.
Del Mar maybe? We would need to shut down early in the summer for the track> Where the surf meets the turf.
Any real traders whom may be interested in a professional environment? No finger jockeys trading 500K equities a day.
This environment would be for real thinkers who worry about Profit and Loss and not volume.
Have a nice drive back to southland.
Del Mar maybe? We would need to shut down early in the summer for the track> Where the surf meets the turf.
Any real traders whom may be interested in a professional environment? No finger jockeys trading 500K equities a day.
This environment would be for real thinkers who worry about Profit and Loss and not volume.
Have a nice drive back to southland.
Can anyone recommend any futures clearing firms in or around San Diego? Thanks.
yes that sounds like a good deal get a group going with a bunch of guys throwing up size and share some the the equitment services..rent a small office with 24 hour access to trade any market
maybe it'll be me in a few years
i wonder what the going rent would be for a nice office of 10/20 traders in SD..
Having owned an office in San Diego, I suggest you really study your overhead. Pay particular attention to the latency in you networks.
The hops into san Diego were awful with most data line vendors.
As the markets got more competitive, I began to feel that being in San Diego was disadvantaged to exchange cities in terms of speed.
A short time before I closed my office, other compaines lowered rates but limited quotes to Nyse stocks only or limited the charting features. (I suspect because of the latency situation and the bandwidth costs).
I also noticed shortly before closing my office that I traded much more profitably in San Francisco than when I was in San Diego. I could never confirm it but I think getting quotes and excutions into San Diego were slowed just enough to limit a scalpers edge.
I felt this in my own office after spending a boatload on routers and new lines. And I felt it in other offices.
So before you go throwing money around make sure you are happy with the connections. I honestly believe scalpers are way more sensitive to hops and millsecond delays than tech departments think.
The hops into san Diego were awful with most data line vendors.
As the markets got more competitive, I began to feel that being in San Diego was disadvantaged to exchange cities in terms of speed.
A short time before I closed my office, other compaines lowered rates but limited quotes to Nyse stocks only or limited the charting features. (I suspect because of the latency situation and the bandwidth costs).
I also noticed shortly before closing my office that I traded much more profitably in San Francisco than when I was in San Diego. I could never confirm it but I think getting quotes and excutions into San Diego were slowed just enough to limit a scalpers edge.
I felt this in my own office after spending a boatload on routers and new lines. And I felt it in other offices.
So before you go throwing money around make sure you are happy with the connections. I honestly believe scalpers are way more sensitive to hops and millsecond delays than tech departments think.