Futex

[Thorpe144]

Dear T2W Members

I would appreciate if you could please provide some info about FUTEX, since I am having a interview with them.

- Is there a salary involved ?
- How much capital is allocated to the prop trader ? (i.e. 1m pounds)
(I was working as an analyst at a hedge fund and now I looking to switch to trading.
So although I am not a trader, I am not inexperienced as well)
- Is the firm reputable ?
- Do you have any info on the numerical test given to candidates?

Kindest regards
Jim

 

[FUTEX]

Futex is a first rate, independent proprietary trading house. we currntly have around 40 traders, 95% of whom have been trained in-house. futex work on a profit share basis, rather than a salary basis.
I hope this helps

 

[Thorpe144]

thank you very much for the reply.
how much capital is allocated to each trader ? (on average)