RONIN Capital is no more

[nastazio151]

usa:

ronin
citadel
jump
tower


europe:

imc
optiver
all option
flow

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

 

[They]

https://www.chicagobusiness.com/finance-banking/chicago-trading-firms-seek-more-capital

 

[ajacobson]

Betting they'll be recapitalized, smaller and up and running by the April RW expiration. Assets will have been auctioned, but the faces will remain the same.

 

[easymon1]

who benefits?
who pays?

 

[ZBZB]

What do you mean by "pulled"? Did the pu$$ies not provide anymore market? Because this is what pu$$ies do usually in high-vola times...

They went bust and the clearer stopped them trading.

 

[Daal]

So the CME took a hit to its capital? They must have, whoever bought the assets at the auction probably didnt pay very much

 

[PoopyDeek]

Consolidated Trading is on life support and I am buying Shalit's condo on Walton.

 

[ironchef]

Betting they'll be recapitalized, smaller and up and running by the April RW expiration. Assets will have been auctioned, but the faces will remain the same.

I bet they didn't trade their own money. Us retails, if you take me to the cleaner, you won't see my face again.

Life is swell for professionals trading OPM.

 

[rallymode]

Anyone has any details on what vix futures positions did them in? I've traded through all the vix spikes since inception and i have never seen so much panic and waves of what i can only assume were forced liquidations hitting all over the curve.

The 2 days around this past expiration were the most brutal. I could move a spread 50bps with a 50 lot. Must have been a real fuckery hedging all that short vega when the vix was set to expire at 80!! I would bet most models got annihilated.

 

[bone]

Well, at least "the Third" got to spend $6M on a 1972 Porsche 917 Can-Am car at Mecum in 2012 before he blew up his daddy's company.