How to find the right clearing partner for your new prop trading business.
Your clearing firm will be the heart of your business providing
a range of services and support in the early days and beyond.
There are a number of firms out there vying for your business
and choosing the right one will depend on your needs and
"Your clearer is your best friend in this business. You have
daily conversations and they are at the heart of your
business," says Neil Crammond, a veteran in the London prop
No wonder then that choosing your clearing firm is one of
the most important decisions any new prop business will take. A
clearing firm will be responsible for a range of services from
providing technology and exchange connectivity, to setting
daily margin levels and leverage, and, in some instances,
renting the desks from which you trade.
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