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Prop Trading Firm Examples

January 12 2010 | 1:15 am PDT

Schonfeld and Shaw. No, they are not a law firm. They are probably run better and more efficiently than most law firms.

I got a few emails from both students and managers of the type of prop firm where you need your own money. Needless to say, the latter were not so happy with my letter of the law language. I hold fast to my definition of a prop trading firm: they have all the money you’ll need

Read through Schonfeld Group and D.E. Shaw & Co’s websites and see for yourself how the differ in their language from other firms that claim to be prop trading firms.

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