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CME Auctions Ronin’s Assets

CME Group Friday confirmed that, pursuant to its rules, CME Clearing auctioned off portfolios of Ronin, LLC when it could no longer meet capital requirements.

Though Ronin is a direct clearing member, it does not handle customer business, so no clients were impacted by the auction, CME stated.

Ronin Capital was a global, multi-strategy proprietary trading firm headquartered in Chicago with offices in New York, London (Ronin Capital UK Limited) and Hong Kong (Ronin Capital Hong Kong Limited).

 

 

Julie Ros

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