Ronin, felled prop giant, shuts up shop

Firm cancels regulatory licences; traders receiving payouts on equity stakes

Closed for business

Following months of uncertainty after suffering losses on soured trades, Ronin Capital, once the largest name in proprietary trading in Chicago’s futures markets, seems finally to be shutting up shop.

Several of the firm’s legal entities have withdrawn the regulatory licences they need in order to trade.

Ronin Capital LLC filed to withdraw its registration as a broker with the Financial Industry Regulatory Authority, Finra, on July 31, 2020. It ceased to be registered with the US Securities

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