What is a Prop Firm?

T

Trade_Sniper

Sorry for the newb question, I'm trying to learn. I have seen the term mentioned in many threads in several different areas on ET.

I believe it stands for Proprietary Equities Trading, but what does that mean, I mean what is it exactly, that is 'proprietary'?
 
it means the firm backs you with their capital...........or some of yours combined with a lot of theirs.......good ezxamples are etg schoenfeld and generic...................m
 
Prop firms are a group of people who trade their companies money for the group and themselves. . There are no customers or service that they provide for.. Just a group of people who trade for themselves and group with the group's capital ...

You won't find many groups on the internet.. Many don't advertise b/c you know there not providing service..

Some groups may be GroupOne, Peak6 , Cheiron Trading, Wolverine Trading etc. etc.
 
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