The mysterious disappearance of a Chicago trading giant

Puzzling losses, a closely guarded auction and possible redemption – sources unpick Ronin’s collapse

More than a month after Ronin Capital’s portfolios were seized and sold off by clearing houses, much about the affair remains unknown, including the source of the firm’s losses and the results of the auction at CME.

It’s not just observers that are in the dark. Risk.net understands Ronin’s management team is still waiting to find out what happened in the auction – information that could ultimately help determine whether the famed Chicago prop trader has some kind of future.

Five sources

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Counting down to dollar Libor transition

In a Risk.net webinar, experts discussed the impact of market volatility on Libor transition, the availability of term SOFR, developments in non-linear markets and management of forthcoming CCP conversions

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here