I'm interested in starting a proprietary trading firm and seeding investors. What regulation does this fall under? Do traders have to be licensed to trade my funds?
DislikedI'm interested in starting a proprietary trading firm and seeding investors. What regulation does this fall under? Do traders have to be licensed to trade my funds?Ignored
DislikedI suppose you need insance capital for that. Infrastructure costs, mainly. I read it costs about ~200 mn to set up a hedge fund. No idea about regulatory issues.Ignored
Disliked{quote} That is not true, you can start a hedge fund with much less than that. But it's not easy, starting with all the legal/regulatory stuff to getting the operations running. If you have a good track record and are serious about this, I suggest you check http://www.fxww.com/manager-development/Ignored
Disliked{quote} yeah you´re right. complete blunder from my side. the article I read said ~200 mn in assets if you dont wanna sacrifice getting paid for a few years. thx for correcting me.Ignored
Disliked{quote} Also not true. The average HF has less than 200mm in assets and many new funds start up with only 5-10mm in assets.Ignored
Dislikedi see you edited your post and its more detailed now. cool. heres the article i read (last paragraph): http://www.tradersmagazine.com/news/...17-1.html?pg=3Ignored