Remote Traders Wanted - Futures Mkts

rahul100

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Hi

I run a small trading company based in the City of London, and after an initial trial period which has gone well, am looking to recruit and finance 5 more remote traders.

We have direct market connectivity and are members of all the major exchanges, all of our orders work on servers based in London or cities where the exchanges have a main hub, so you are at no disadvantage being remotely located.

We use the most advanced execution tools, with more functions than it’s possible to list for order types, position and risk management etc.

We are looking to back either traders who are currently trading live but would like access to capital and greater trading size, or to new traders who have tested there systems on demo accounts with live prices.

For the first, we would want to see statements and run them through our internal risk matrix, and arrange a framework to move forward.

For the latter we would provide you with a remote login to a demo environment with live prices and monitor your performance for 2-4 weeks before you go live. As there is a set up cost with this we are very keen to limit this as to deter timewasters so would ask for a refundable deposit of $750, which would be refunded if your time on the sim is profitable and when you go live. It would not be refunded if your time on the sim is not profitable, i.e., your trading system does not work.

Please reply with a CV and covering letter, with any information about products traded, performance and methodology you may think will better help us understand you’re trading,

When replying in the subject box please enter either ESTABLISHED TRADER, or NEW TRADER

[email protected]
 
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Hi

I run a small trading company based in the City of London, and after an initial trial period which has gone well, am looking to recruit and finance 5 more remote traders.

We have direct market connectivity and are members of all the major exchanges, all of our orders work on servers based in London or cities where the exchanges have a main hub, so you are at no disadvantage being remotely located.

We use the most advanced execution tools, with more functions than it’s possible to list for order types, position and risk management etc.

We are looking to back either traders who are currently trading live but would like access to capital and greater trading size, or to new traders who have tested there systems on demo accounts with live prices.

For the first, we would want to see statements and run them through our internal risk matrix, and arrange a framework to move forward.

For the latter we would provide you with a remote login to a demo environment with live prices and monitor your performance for 2-4 weeks before you go live. As there is a set up cost with this we are very keen to limit this as to deter timewasters so would ask for a refundable deposit of $750, which would be refunded if your time on the sim is profitable and when you go live. It would not be refunded if your time on the sim is not profitable, i.e., your trading system does not work.

Please reply with a CV and covering letter, with any information about products traded, performance and methodology you may think will better help us understand you’re trading,

When replying in the subject box please enter either ESTABLISHED TRADER, or NEW TRADER

[email protected]

You have to innovate : check this forex forex Welcome to The Winning Trader's Association. They charge their customers $40/month.

I would expect another one making the same offer for futures. :rolleyes:
 
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Hi,

This business model is completely different and we do not charge established traders, we also refund the $750, and the nominal value of 1 futures contract such as the DAX is Eur 120,000+ not $1000 with stocks un-leveraged.
 
Hi Rahul100,
What Software/Technologies/Brokers are you using for traders to trade from?

Thanks
 
Hi

We use TT, Stella, and GS REDI, we have direct exchange membership to all major exchanges.

As for the abuse, $750 or the sterling / euro balance, if you dont have an interest thats fine, but the unnecessary abuse is not nice.
 
Hi

We use TT, Stella, and GS REDI, we have direct exchange membership to all major exchanges.

As for the abuse, $750 or the sterling / euro balance, if you dont have an interest thats fine, but the unnecessary abuse is not nice.

Who do you clear though? And which firm are you affiliated with?
 
Hi

We use TT, Stella, and GS REDI, we have direct exchange membership to all major exchanges.

As for the abuse, $750 or the sterling / euro balance, if you dont have an interest thats fine, but the unnecessary abuse is not nice.

abuse? err it was just a question
 
ill give you some more abuse then.

Why anyone in their right mind would deposit 750 anything to anything like this is utter insanity.

utter utter nonsense
 
Maybe i missed it but have you even told anyone name of the company yet? Or where you are based?

Sounds pretty suspect to me
 
Slight contradiction in terms, direct access/remote.
If you are remote even if you have a fixed line, or more likely VPN access, you do not have direct access as you are trading into a network that then has in theory the exchange gateways and the direct access.
Also if you are using Goldmans REDDI platform then you are using Goldmans architecture and you would only have "direct" access if you were sitting in the Goldmans offices, again it is contradictory.
It is also highly unlikely a group of five traders could afford membership of exchanges as some exchanges require you to be regulated to become members and all this costs a lot of money and you would need a registered office, compliance, IT staff etc etc. Why would you bother with all of that if you are a small trading company when may trading rooms offer a "plug and play" solution.
If this is genuine very simple give us the name of the company so we can check the membership of the exchanges you are members of and check the FSA register.
 
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