Genesis Day Trade

Discussion in 'Prop Firms' started by axehawk, Feb 26, 2002.

  1. I am at the Flushing office, and they are setting up one on wall st.
    Commission: 0$
    No ticket charges
    ECN rebates (full)
    Payout 30%
    no up front capital.

    There are other structures with commission and higher payout.

    If you need more info, send an email or PM me
     
    #11     Nov 1, 2002
  2. If I work there, would I have to churn crap like WCOM for pennies?
     
    #12     Nov 1, 2002
  3. cashonly

    cashonly Bright Trading, LLC

    Hmmm... No commission, "FULL" ECN rebates, no upfront capital... sounds like you could pull a Swiftrade all on your own. Just provide ECN liquidity and as long as you get the FELL rebate and have no capital invested, it doesn't matter whether you're profitable or not, just collect your rebates.
     
    #13     Nov 1, 2002
  4. VOLUME

    VOLUME

    You said $0 commission with ECN rebates. What happens if you remove an ECN?
     
    #14     Nov 1, 2002
  5.  
    #15     Nov 1, 2002
  6. you get charged the appropriate fee.
     
    #16     Nov 4, 2002