Quote from JSL_Capital:
- Transitioning from stocks to futures isn't easy and takes time, especially if you were a rebate trader.
- Futures firms charge much higher overhead fees than stock firms in Montreal as far as I know, and though $1,500/month may not be much to traders who can rake in +$10k/month, it makes a difference to many, if not most stock traders.
- IMO 70-80% cut makes prop futs trading unattractive compared to using IB or TradeStation unless you need someone else to finance your buying power or you like the office setting.
- The Law of Inertia
Hmm, do you work at Saxon? Just asking after having seen your previous messages.
