Julian , ok fair enough....As you can see I am new on here and I realise my background is different to a lot of guys that have traded from home etc ......When I talk about reuters/ebs i mean having access to the liquidty pools that the top banks use and being able to see the real price action...
Guys .....i am setting up prop desk in london...i have been a bank trader for many years .....is it worth having access to ebs and reuters and paying the prime brokerage fees....or would i be better of with a bank platform and having no fees??? just after some advice from guys of similar...
Because i have been asked to set up a team and i belive i could do well out of it.....also i am not in a postion that if i got off to a bad start(which could quite easily happen when trading from home , i do not have 200t that i could afford to lose......but yes if i knew 100pct i would make...
i am an experienced guy who has traded interbank fx at a top bank for 15 years. I have been offered a role that pays 40 pct of profits....is this the going rate ?? do prop firms pay salarys and percentages as high as that , or is it all on a draw each month then taken out future profits...