What is a propietary trading firm or Trading Arcade

[Fran8]

Hi Im new in this.
I know that probabily there is many people that have ask the same but I can not find it. Also I have read the definition but still not clear to me.

So if someone could explain me in a simple way what are:

Trading Arcade
Prop shop
Propietary Trading Firms.


Thanks

 

[wasp]

Its a place where poor traders go who can't afford to trade a decent size out of their own pocket and they share a big office with other traders in hope they can learn to trade by listening to others!

 

[Fran8]

Thanks but still not enoguh information for me to know what kind of companies they are

 

[wasp]

T2W Day Trading & Forex Community
http://www.trade2win.com/boards/trading-arcades/17603-prop-trading-house-trading-arcade.html
Trading Arcades - T2W Day Trading & Forex Forums
Trading arcade - Traderpedia
Proprietary trading group - Traderpedia

My first answer is still the best though!