what does FUTEX do ?

This is a discussion on what does FUTEX do ? within the Trading Arcades forums, part of the Trading Career category; Originally Posted by FUTEX I have just checked with head of Training and we do not keep those stats. He ...

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Old Oct 3, 2011, 6:20am   #17
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I have just checked with head of Training and we do not keep those stats. He said, we have testimonials on the web-site re individual successes, and we have one very successful hedge fund manager. Basically, we have a mixture on the floor of those who were hand-picked by Futex, and those who paid for training themselves.
Oh come on you know exactly how many make it and how many don't. Obviously it's not very many because if it was you'd be shouting about it.
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Old Oct 3, 2011, 12:16pm   #18
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I'd like to ask if there are any significant differences in the success/earnings between those traders that work in the Woking (sp?) office and the London office? The reason I ask is because I was just curious if the London office pulls in more profit maybe because of it's location in the city, or whether this really makes no difference because the methods taught in both offices and Futex as a whole are the same throughout.

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Old Oct 3, 2011, 3:10pm   #19
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FUTEX started this thread There is no difference in profitability between the traders who work from London compared to Woking. The training is exactly the same as are the specifications of each office. It's down to Trader preference, location, and keeping teams together, as to how location is preferred by each trader
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Old Oct 3, 2011, 3:19pm   #20
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There is no difference in profitability between the traders who work from London compared to Woking. The training is exactly the same as are the specifications of each office. It's down to Trader preference, location, and keeping teams together, as to how location is preferred by each trader
Have you been able to get the figures for the paid trainees v graduates?
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Old Oct 3, 2011, 3:28pm   #21
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FUTEX started this thread I have been doing my day job today, so no. In any event the answer that i gave in #16 is it, thanks
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Old Oct 3, 2011, 3:36pm   #22
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I have been doing my day job today, so no. In any event the answer that i gave in #16 is it, thanks
I suppose people can draw their own conclusions from your refusal then.
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Old Oct 4, 2011, 4:43am   #23
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FUTEX started this thread There is a difference in those who are sponsored by Futex and those who pay Futex Investment and Trading Academy ( FITA ) directly. Futex still however have to pay FITA for the training that FITA does. The difference when Futex pay is that the sponsored trainee does not bear this cost, Futex does.
FITA is a separately owned company with a separate set of Directors and shareholders (although there is a crossover). This can be checked out at Companies House for those who doubt.
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Old Oct 4, 2011, 4:51am   #24
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There is a difference in those who are sponsored by Futex and those who pay Futex Investment and Trading Academy ( FITA ) directly. Futex still however have to pay FITA for the training that FITA does. The difference when Futex pay is that the sponsored trainee does not bear this cost, Futex does.
FITA is a separately owned company with a separate set of Directors and shareholders (although there is a crossover). This can be checked out at Companies House for those who doubt.
Sounds like a good tax saving scheme.
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