Hi guys
I have been visiting this forum anonymously for a while and decided to register and ask a few questions.
I'm trying to find a prop trader job in Toronto (indoor, not remote) but not sure which one's more suitable, or which ones are there. So far I knew Questrade, Swift, Title, and Infinium have branches here but not sure what each of them have to offer. Does anyone here have more detailed information about their:
1) payout and fees
2) number of ppl on the trading floor
3) whether they require deposits
4) currently hiring or not
5) their trading style/strategy
I tried to find related posts here but info is very limited. E.g. there was a thread saying Questrade (i believe the actual prop arm is called Globus Trading, the one at leslie + hwy 7?) has a payout ratio of 80%.
Any info is greatly appreciated. I am a recent uni. graduates majoring in finance and worked at Title Trading for a year and half and would like to share my experience if anyone needs. I know some people will say "prop firms are similar and its how good you are that matters" but still it does not hurt to make more informed decisions when it comes for career choices. So again anything helps, thx in advance.
Also, how hard it is to get a prop trading position in one of those big 5 banks or other financial institutions and who exactly are the employers? thx...
I have been visiting this forum anonymously for a while and decided to register and ask a few questions.
I'm trying to find a prop trader job in Toronto (indoor, not remote) but not sure which one's more suitable, or which ones are there. So far I knew Questrade, Swift, Title, and Infinium have branches here but not sure what each of them have to offer. Does anyone here have more detailed information about their:
1) payout and fees
2) number of ppl on the trading floor
3) whether they require deposits
4) currently hiring or not
5) their trading style/strategy
I tried to find related posts here but info is very limited. E.g. there was a thread saying Questrade (i believe the actual prop arm is called Globus Trading, the one at leslie + hwy 7?) has a payout ratio of 80%.
Any info is greatly appreciated. I am a recent uni. graduates majoring in finance and worked at Title Trading for a year and half and would like to share my experience if anyone needs. I know some people will say "prop firms are similar and its how good you are that matters" but still it does not hurt to make more informed decisions when it comes for career choices. So again anything helps, thx in advance.
Also, how hard it is to get a prop trading position in one of those big 5 banks or other financial institutions and who exactly are the employers? thx...