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A Hedge Fund CEO Bragged About Not Taking Management Fees. He Was Right — Sort of. Amid record volatility, Parplus Partners closes down after losses.

My understanding is Ronin had prop positions in Vix options that blew up and was also a backer of the fund. ABN Amro cleared their trades at the Options Clearing Corporation (OCC).

From the now-defuct homepage: Parplus Partners, LLC (“Parplus”) is an alternative investment management firm based in New York City. The founders of Parplus originated from a long established Chicago-based proprietary trading firm with deep roots in options and futures trading. Parplus...

ABN Amro's $200M loss reportedly came from Parplus Partners ABN Amro Bank's net loss of about $200 million from its clearing business came after hedge fund Parplus Partners failed to meet the minimum margin call on a loan and ABN was forced to close out its positions, sources say...

ABN Amro's $200M loss reportedly came from Parplus Partners ABN Amro Bank's net loss of about $200 million from its clearing business came after hedge fund Parplus Partners failed to meet the minimum margin call on a loan and ABN was forced to close out its positions, sources say...

ABN AMRO records incidental net loss of USD 200 million As a result of the unprecedented volumes and volatility in financial markets following the outbreak of COVID 19, ABN AMRO Clearing will incur a USD 250 million pretax incidental loss on one of its US clients. The net loss is approximately...

https://fintel.io/i/ronin-capital-llc Didn't know they run long term positions of this size.

That's just a list of large market makers (I hope)

https://www.cnbc.com/2020/03/20/clearing-firm-ronin-capital-unable-to-meet-capital-requirements-at-cme-sources.html?__source=sharebar|twitter&par=sharebar

"Reportedly Ronin Capital was unable to meet capital requirements at CME today; regulators were forced to step in and auction off Ronin's assets" *RONIN CAPITAL ISSUES DEAL WITH POSITIONS IN THE VIX, CNBC SAYS .

The guy's blog: http://highprobability.blogspot.com/...

SAC Xmas Party... http://www.dealbreaker.com/2007/12/let_me_ask_you_something_1.php#comments

Let me guess...execution trader :D ?

Standard is Sugar 11, friday traded around 23k on ICE , the 14 is useless for daytrading...pretty interesting to day trade, been looking into it but now i only do metals, seems interesting...what strategy do you plan to use?

enjoy... http://stockpickr.com/

Problem is 300% on 10k it's difficult but no need for stevie Cohen, 300% on 10 billions you need God in person...what seems to be missed it's 30+% on 1 Billions is more like saying returning 1000% trading your own account ...

I'd say velocity and X-trader if you're doing stricltly futures, Rediplus a.k.a. Goldman is more of an equity platform, though has multi-asset capabilities, Bright and a lot of hedgies use it but I can't comment really on it.

Exotic book: i think you're referring to a book of exotics, that is positions in complex derivatives (no plain options, futures or swaps)...if you don't know what the Internal Revenue Service is I hope you don't live in the U.S. ...

:D ... plz keep us up to date with your efforts, i think quite a lot of potential (and risk) is hidden in such exotic assets... good luck

As far as I know Crude Palm Oil (fcpo) Futures are available @ the Kuala Lumpur Stock Exchange, only locals have direct access, biggest player there is kenanga Deutsche Futures, participated by DB, if I remember correctly... They are also going to list a new contract on JADE (CBOT+sgx), here's...