Prop Roundtable Paper

FOW organized an interesting roundtable discussion in the UK and published a PDF document. Interesting read. If you're familar with the industry, there is nothing new or shocking to discover but it would confirm what you probably already know; the nature of traders is changing to the 'nerdier' type (sorry boys), margins will remain thin, costs to enter, regulatory changes, and difficulty in clearing higher the barrier to enter, discouraging new blood into this industry.

Read the full article here