updates to trading arcade list?

[orlose]

is there a more uptodate list of trading arcades rather than on the main site?

many of them seem to have non existant websites now

 

[Directional]

its the most complete list i know of for UK firms, theres a few directories of US firms elsewhere but havent found anything useful to UK that comes close to it.

which websites dont work?

 

[orlose]

Seatra (Malta) Limited.
T2W Trading Community
Mac International Holdings

all seem to be dead
any links to the places offshore?

 

[teewoods]

Mopre proof that arcades are not what they are cut out to be

 

[orlose]

ok how else do you expect to get margining and pre open and post close trades at spot prices?

 

[TheTick]

Mopre proof that arcades are not what they are cut out to be

Not true.

Seatra was set up by someone I have worked with in his capacity as both a trader and a risk manager at a UK based arcade. This person has been involved with the markets for over 40 years and wanted a change of lifestyle. The problems he encountered mainly centred around recruitment and connectivity to exchanges (simply because he was running a small remote outfit, so they were reluctant to send people out to solve the issues). As a result of these factors, the firm ceased trading and the person in question now works in Gibraltar as risk manager for one of the arcades.

Arcades are exactly what they are cut out to be. That doesn't mean they suit everyone, but having worked at one for over 8 years I can only suggest that the things you learn from people like the guy in question, are worth their weight in gold.

Also, Mac Internationals was/is a division of MacFutures in Gibraltar. When Refco took over Mac and then went bust, the International division splintered several ways under different names. The majority of traders from this company are still trading either with the re-branded entity or at another of the arcades.