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...
From the now-defuct homepage: Parplus Partners, LLC (“Parplus”) is an alternative investment management firm based in New York City. The founders...
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...
ABN AMRO records incidental net loss of USD 200 million As a result of the unprecedented volumes and volatility in financial markets following...
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=s...
"Reportedly Ronin Capital was unable to meet capital requirements at CME today; regulators were forced to step in and auction off Ronin's assets"...
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 ?
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