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Old 03-20-2020, 02:10 PM
OldOlds is offline
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Join Date: Nov 2003
Posts: 861

Can someone explain "Clearing firm Ronin Capital unable to meet its capital requirements..."


https://www.cnbc.com/2020/03/20/clea...e-sources.html

The story assumes that I know what Ronin does, what CME is (Chicago Mercantile?), and that I understand whether this is a big F-ing deal or not...

I find financial markets fascinating, so more detail is more better.

[I figured since this seems related to the doomsday environment it should go here, but can be moved as appropriate]