I have been doing a great deal of research and it seems trading firms are a dime a dozen! and everywhere you go its always the same song and dance. I think it would be beneficial if there was an open house or some type of venue where interested traders could attend without feeling like they are being coerced to join. I am not looking for training or mentor-ship, just have the ability to visit a shop and weigh the benefits. It's all about finding the right fit.
Trading Firms
- Thread starter teamlead
- Start date
Not sure where your based out of but I recommend LES Trading in NY. I trade remotely with them and they been transparent on everything and found them to have the best fee structure out there. They are a good group of traders that make you feel like your part of a team and not left lingering out there on your own.
Can a private trader join a Prop firm with his/ her own capital
I am interested in exploring as specific Futures arbitrage
S&P big against Small
I guess factors for such arb is
- Min Commissions ( lowest I have found is 0.45 per side ( CME futures) + exchange fees )
- Very low Day margin...? or High Leverage
- CO location,, believe it is around USD 1500 a month
- Software , Example TT Pro Autospreader = $1500
If anybody can help with quality info I will greatly appreciate it
Thanks
MJ
I am interested in exploring as specific Futures arbitrage
S&P big against Small
I guess factors for such arb is
- Min Commissions ( lowest I have found is 0.45 per side ( CME futures) + exchange fees )
- Very low Day margin...? or High Leverage
- CO location,, believe it is around USD 1500 a month
- Software , Example TT Pro Autospreader = $1500
If anybody can help with quality info I will greatly appreciate it
Thanks
MJ
Teamlea: Which state? Are you looking to trade inhouse or remote?
you have mentioned an open house so i assume you looking to trade inhouse? is this right?
Which state? Are you looking to trade inhouse or remote?
you have mentioned an open house so i assume you looking to trade inhouse? is this right?
I am in NJ, and either remote or inhouse are an option. The open house would present a way for me to gauge a firm. I would like to see their operations and determine if they are credible.
Customer account is not an option as leverage is compromised and requires a higher opening balance.
The most important things for me are:
1. Reliability (customer service, technical, system)
2. Rates
3. Execution System
you have mentioned an open house so i assume you looking to trade inhouse? is this right?
I am in NJ, and either remote or inhouse are an option. The open house would present a way for me to gauge a firm. I would like to see their operations and determine if they are credible.
Customer account is not an option as leverage is compromised and requires a higher opening balance.
The most important things for me are:
1. Reliability (customer service, technical, system)
2. Rates
3. Execution System
If you are near the NYC area, I just got an email that Hold Brothers is having a trader open house on May 25th. As far as I know, they have been around for a while.