Texas traders

canyonman00 · May 17, 2006

It's been suggested many times (here in Dallas as well), but no follow through by participants. I had even contacted a few clearing houses connections and found space. Many had the "open it and we/they will come" statements. Jury is still out for me on this one.

Quote from Churn2Learn:

Hey guys, just had a quick question. How popular is Prop trading in Houston? Is their any Prop firms available to daytrade? Is their a high demand to where maybe someone would want to open a prop firm there?

Bullet · May 17, 2006

I lived in Plano for a couple years, and if you like cement and the same stores repeated every 3 miles, then its a great place to live. I missed the scenery and more laid back attitude of austin (though people do drive too damn slow), so I moved back. Good luck to you!

Guildenstern · May 17, 2006

I lived in Austin for about a year and a half. I had heard stories through acquaintances and the local public cable access channel that the cops were draconian in the small towns and rural areas. Like, you get pulled over for tail light and spend the night in jail or get a $2k fine. Is it true that Texas justice is not something to be messed with?

I had a couple of minor jet ski infractions that set me back $450. I thought that was outrageous.

canyonman00 · May 17, 2006

In seven years I have yet to even be pulled over. As an African American male driving a Benz (usually faster than the posted limit) I don't find it bad. I drive to Austin and Houston kind of regularly also. No problems.

A friend of mine said we need to all stop complaining when we factor in the MPS (miles per stop). She said, think of all the bad/illegal stuff that you know you've done behind the wheel verses the times you've been caught. Based on that one, I have absolutely no complaints.

In all fairness, I have had no troubles back in Chicago either. I guess now that I'm a little older, and probably a little wiser, I don't seem as threatening to the local authorities.

Quote from Guildenstern:

I lived in Austin for about a year and a half. I had heard stories through acquaintances and the local public cable access channel that the cops were draconian in the small towns and rural areas. Like, you get pulled over for tail light and spend the night in jail or get a $2k fine. Is it true that Texas justice is not something to be messed with?

I had a couple of minor jet ski infractions that set me back $450. I thought that was outrageous.

volente_00 · May 17, 2006

Quote from Churn2Learn:

Hey guys, just had a quick question. How popular is Prop trading in Houston? Is their any Prop firms available to daytrade? Is their a high demand to where maybe someone would want to open a prop firm there?

I think Assent still has an office there. Bright closed the doors a while back.

volente_00 · May 17, 2006

Quote from Guildenstern:

I lived in Austin for about a year and a half. I had heard stories through acquaintances and the local public cable access channel that the cops were draconian in the small towns and rural areas. Like, you get pulled over for tail light and spend the night in jail or get a $2k fine. Is it true that Texas justice is not something to be messed with?

I had a couple of minor jet ski infractions that set me back $450. I thought that was outrageous.

What the hell was wrong with your jetski ? Did a game warden write the tickets at the lake or a traffic cop ?

JayS · May 17, 2006

The SOES and some other guys gave Texas especially Houston a bad rep a few years back. Most firms are hesitant to do anything but remote traders from Texas.

Jay in Houston

p.s. Velocity has a retail futures room but thats about it around here.

Don Bright · May 17, 2006

I've mentioned before...get a few guys together and we can re-open in the Houston area...we had little interest from people wanting to drive into town...as mentioned above, primarily due to the SOES and other nonsense that went on down there...

Don

canyonman00 · May 17, 2006

Dallas?

Quote from Don Bright:

I've mentioned before...get a few guys together and we can re-open in the Houston area...we had little interest from people wanting to drive into town...as mentioned above, primarily due to the SOES and other nonsense that went on down there...

Don

Don Bright · May 18, 2006

Quote from canyonman00:

Dallas?

Anyone who wants to start an office with a few qualified traders can certainly do so. You guys sign the lease, we offer adjustments in overall pricing package to help defray the costs. We have several "affiliated" locations under our wing.

Don