How has the prop shop model changed over the years?

Discussion in 'Prop Firms' started by zdreg, Mar 17, 2022.

  1. zdreg

    zdreg

    e.g. overnights,moc orders, capital contribution, leverage etc.
     
    Jonavelle and murray t turtle like this.
  2. jnbadger

    jnbadger

    I had a mandatory online compliance meeting at the end of last year. I'm a pure daytrader, so overnights don't apply to me, but we were told that we had to ask permission to hold anything overnight. I get 50:1. 5k minimum contribution. Series 57 required. I don't do MOCs, but I never saw anything in the trader agreement prohibiting them. I used to do OPGs, but not for over a decade. There's plenty of opportunity during the day.