Looking to get back in the markets with a firm that will capitalize me. I worked for five years trading firm money for a large bank and have a verifiable P&L trading US equities. My strategy is very low risk and does generate a great deal of business, most that I prefer doing through the box but I would also like to be able to deal with a network of floor brokers that I have used in the past.
Am interested in low transactions costs (again 98% of business is electronic), and being in a professional environment where the firm makes money when the traders make money and not just by "hitting send". Not particularly interested in these LLC deals though I am open to learning more.
Would love to hear suggestions about who I should be approaching? and any other relevant information needed to lead me in the proper direction. What firms I should contact, a friend had told me some good things about ETG. I have also heard good things about First New York though I believe they clear through BSC and mark everything up including dot orders.
At my former firm I paid all expenses and benefits (insurance,retirement,ss,health) off my personal P&L then I shared profits with the firm. Also, had a fairly significant draw which came off the top with the other expenses. The Net was shared with the firm.
Thanks for the help
Am interested in low transactions costs (again 98% of business is electronic), and being in a professional environment where the firm makes money when the traders make money and not just by "hitting send". Not particularly interested in these LLC deals though I am open to learning more.
Would love to hear suggestions about who I should be approaching? and any other relevant information needed to lead me in the proper direction. What firms I should contact, a friend had told me some good things about ETG. I have also heard good things about First New York though I believe they clear through BSC and mark everything up including dot orders.
At my former firm I paid all expenses and benefits (insurance,retirement,ss,health) off my personal P&L then I shared profits with the firm. Also, had a fairly significant draw which came off the top with the other expenses. The Net was shared with the firm.
Thanks for the help