Ronin's space on the second floor at its River North home includes high-end finishes such as a smooth stone conference room table and stylish pillars reminiscent of tree trunks. Ronin Capital LLC operates as an institutional brokerage firm. Rehab facility planned for River North redevelopment, Why biotech is a bright spot on Chicago's real estate scene now. According to the Bureaus order, NRIA and its principals touted the NRIA Fund as a billion-dollar-plus real estate development enterprise focused on the ground-up development of townhomes, condominium complexes, luxury residences, and mixed-use rental developments. Ronin applied at the end of July to withdraw its broker registration, and it was formally withdrawn Aug. 6, FINRA records show. This site is provided as a service of SCI Shared Resources, LLC. - Shakespeare: Hamlet Act 5, Scene 2 UPDATE HERE (3/26/2020) Last Friday, March 20, CNBC was first to report that "one of theCMEs direct clearing firms was unable to meet its capital requirements. {{{org}}}. References A Mass of Christian Burial will occur Saturday at 9:30 AM at Immaculate Conception R. C. Church, 1245 Paterson Plank Rd., Secaucus, NJ thence to Holy Cross Cemetery, North Arlington for his Committal Service. ). Company Number 200426810387 Status Terminated Incorporation Date 23 September 2004 (over 18 years ago) Dissolution Date 15 July 2020 . Ronin Capital Chooses SR Labs Low Latency Market Data Feed Handlers, CME Group announces auction of clearing firm Ronin Capital's portfolios, http://www.marketswiki.com/wiki/index.php?title=Ronin_Capital&oldid=219346, Proprietary trading operations, brokerage services. org=OCA Ventures. Here's a look at our key highlights as a firm. Products and Services . The move forced the exchange to step in and invoke its emergency protocols to auction off the portfolios. and organizational developments. Today, we are taking action to stop their unlawful conduct and to put the public on notice. A Chicago resident with an 8 handicap, Stafford is a member at Evanston Golf Club as well as Tehama and Monterey Peninsula Country Club.. Position: John Stafford III, Ronin Capital LLC. Trading firms are required by the exchange to make payments to back up their positions. He was an avid fan of the Miami Dolphins and the New York Yankees. To conceal the companys poor performance, its principals used investors own money (rather than actual cash flow) to fund annual distributions, used straw purchasers to create nonexistent sales of certain residential units, and inflated the companys performance by improperly recognizing certain revenues in violation of Generally Accepted Accounting Principles, according to the Bureaus findings. Besides their headquarters in Chicago, Ronin Capital has offices in New York and San Francisco. With over 1,900 locations, Dignity Memorial providers proudly serve over 375,000 families a year. The machine readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. The trading firm, which traded at CME, was "unable to meet its capital requirements." . Fond memories and expressions of sympathy may be shared at www.MackMemorialhome.com for the Niznik family. John Stafford III couldn't be reached.Crain's senior reporter Lynne Marek contributed. A visitation for Jack will be held Monday January 23, 2023, from 4 to 8 PM at Mack Memorial Home, 1245 Paterson Plank Road, Secaucus, NJ 07094. CANCELLATION view. Leave a memory or share a photo or video below to show your support. Stafford Trading was acquired by TD Options in 2001.[3]. He was a veteran of the United States Army, a member of the Knights of Columbus, American Legion, The Catholic War . John is pre-deceased by his parents, John & Marie Mason (nee Strain). Ronin Capital serves customers worldwide. Sign up for service and obituary updates. Ronin, owned by John Stafford III and his father, John Stafford Jr . Such Class A spaceswhich account for roughly a third of subleases on the market, according to CBREpose formidable competition to landlords trying to fill vacant space. Jack was a Pressman for the Star-Ledger in Newark (later Montville) for close to 50 years before retiring. Founder of Zen Investments LLC and Ronin Capital LLC, John Springs Stafford presently holds the position of Chief Executive Officer of Ronin Capital LLC. The company was involved in proprietary trading . Crain's Chicago Business. The company was involved in proprietary trading . Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. [1][2], Prior to joining Ronin Capital LLC, Stafford was the managing director of Stafford Trading from 1996 - 2001. NEWARK Acting Attorney General Matthew J. Platkin announced today that the New Jersey Bureau of Securities has issued a Summary Cease and Desist Order to Secaucus-based National Realty Investment Advisors, LLC (NRIA), and related entities and individuals, after determining the company fraudulently sold at least $630 million in securities to investors in New Jersey and across the nation from 2018 to 2022. 2,357,649 shares are held in a Class C Capital Account of John S. Stafford, III at Ronin Capital, LLC ("Ronin Capital"), a limited liability company owned and managed by Mr. Stafford. Xencor website. We visit more than 100 websites daily for financial news (Would YOU do that?). [1][2] Devoted father of John Mason and his wife Coleen, the late Jacqueline Lesh-Franks and her husband Al. [4] He was the lead advisor to Xencor and at one time owned 25% of the company's stock. A Funeral Home Service will occur Tuesday at 10AM at Mack Memorial Home followed by his Committal Service at Holy Cross Cemetery in North Arlington. Church here in town. RONIN CAPITAL, LLC is an Oregon Foreign Limited-Liability Company filed on October 30, 2003. E-mail oureditor 15 Jul 2020. Let others know about your loved one's death. Website. Overview. The Company offers portfolio management, capital raising, financial planning, and advisory services. Sign up for our newsletter and stay up to date on all Alphacution research These respondents lured investors in New Jersey and across the nation with empty promises and, in some cases, went to great lengths to conceal their own fraudulent conduct. Xencor, Inc.. If you opt in above we use this information to send related content. John S. Stafford III serves as Independent Director of the Company. That figure is approaching 3 percent of all office inventory in the central business district, which would be the highest share of available sublease space CBRE has recorded in 15 years. It may take up to 1 hour for your comment to appear on the website. {{{name}}}. BusinessWeek. Ronin Capital chose SR Labs low latency market data product offering for its high frequency trading and automated market making business. Advanced search Log in Forgot password ? John S. Stafford, III is a Chicago-based trader, investor and principal trading firm executive, who is the chief executive officer and co-founder of Ronin Capital LLC. Thomas Nicholas Salzano, of Secaucus, who was a senior independent executive advisor and portfolio manager of the NRIA Fund; Rey Grabato, of Hoboken, president of the NRIA Fund and 80 percent owner of NRIA; D. Coley OBrien, of Southampton, NY, co-CIO of the NRIA Fund and 100 percent owner of NRIA Capital Partners; and. Transparency in Coverage. It was a proprietary trading firm that traded only for its owners and not for clients. Along with his mother Florence he is survived by his brother Edward Niznik and his wife Anna; a sister, who he lovingly took care of, Melissa Niznik; and his nephew and niece, Matthew & Jessica Niznik; as well as many loving aunts, uncles, and cousins. This page was last edited on 23 March 2020, at 19:11. [1], On March 20, 2020, CME Group announced it had auctioned off Ronin Capital's portfolios after Ronin became an apparent victim of the market turmoil in which U.S. stocks plunged more than 30% from their peak because of the novel coronavirus. He is a 30-year veteran of the proprietary, quantitative and . Ronin Capital chose SR Labs low latency market data product offering for its high frequency trading and automated market making business. John was the current (as well as past) Grand Knight of the Knights of Columbus Council 12769. The company was involved in proprietary trading operations and venture capital investments. [8] (1) 551,532 shares are held by Ronin Trading, LLC ("Ronin Trading"), a limited liability company owned and managed by Stafford. But the company, founded by veteran options trader John Stafford Jr. and his son, John Stafford III, still has at least one long-term commitment to deal with: A 72,000-square-foot lease at 350 N. Orleans St. that runs through June 2028. Get a D&B Hoovers Free Trial. Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. Read the John Lothian Newsletter. by NJOAG Communications | Jun 21, 2022 | National Realty Investment Advisors | Nationwide Securities Fraud | New Jersey Bureau of Securities | Bureau of Securities | Consumer Protection | Division of Consumer Affairs | Division of Law | Press Release |, Office of the Attorney General Matthew J. Platkin, Acting Attorney GeneralDivision of Consumer Affairs Cari Fais, Acting DirectorBureau of Securities Amy G. Kopleton, Acting Bureau ChiefDivision of Law Michael T.G. Sign up for service and obituary updates. The Dignity Memorial brand name is used to identify a network of licensed funeral, cremation and cemetery providers that include affiliates of Service Corporation International, 1929 Allen Parkway, Houston, Texas. Ronin is owned by John Stafford III and his father, John Stafford Jr. Send a note, share a story or upload a photo. This use of repurchase transactions to create leverage significantly increased the risk of the junk commercial mortgage-backed securities portfolio to the NRIA Fund investors, but the risk was never disclosed to them. Ronin Capital is a registered broker/dealer with proprietary trading operations in markets such as; equity securities, government bonds, corporate bonds and related derivatives on global exchanges and in electronic markets. As part of their scheme to enrich themselves at investors expense, the Bureau found that the principals named in todays filing used millions of investor dollars to make lavish payments to family members including a salary paid to Salzanos wife for a no-show job. Investors can also contact the Bureau for assistance or raise issues or complaints about New Jersey-based financial professionals or investments. Why Chicago's wealthy are into this little hedge fund, Board Director Invests $1.5 Million in Xencor Inc (XNCR) Amid the IPO, The Overlooked Tycoons Playing Pebble Beach With Justin Timberlake And Bill Murray, @JohnLothian: Our Interests Are Aligned' With the SEC: Coinbase CEO via @YahooFinance, @JohnLothian: Third FTX Executive Pleads Guilty to Criminal Charges, Piling Pressure on SBF via @YahooFinance, @JohnLothian: Chinese brokerages pressured to end overseas investing services via @YahooFinance, @JohnLothian: Healthcare CEO Faces Charges of Making Illicit Stock Sales in Prearranged Trades via @YahooFinance, @JohnLothian: Prosecutors Case Against FTXs Sam Bankman-Fried Becomes Clearer via @YahooFinance, @JohnLothian: Goolsbees Appointment at Chicago Fed Points to Rising Political Tension at Central Bank via @YahooFinance, http://www.marketswiki.com/wiki/index.php?title=John_S._Stafford_III&oldid=202475. Mr. Stafford is also on the board of Aware, Inc. (Massachusetts) (former Chairman), Clinical Micro Sensors, Inc., Zipwhip, Inc. and ALTR Solutions, Inc. and Member of Cboe Exchange, Inc. (Illinois) and Member of Chicago Board of Trade. Legendary Ronin Capital Disappears (UPDATED), Thomson Reuters publishes Quantifying the Transformation, Robinhoods Trailing Stop Orders: Extreme Profitability, By Design, Deconstructing Citadel Securities: Overview and Expanded Executive Summary Available for Download, Shape Shifter: US Retail Investor Behavior, Virtus Option Market Making: The Record Year That Wasnt, Alphacution Press: NYT on Sam Bankman-Fried and Jane Street, About Virtus Record Year in Options Market Making. Arthur Scutaro, of Bloomfield, executive vice-president of project management and advisor to the NRIA Fund. Meet the Team 5. Chicago, IL 60601 Stafford was the lead investor when Xencor was private and as a director instrumental in the. I already receive Alphacution newsletters. Business Leaders. Transparency in Coverage.This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. He is a strategic advisor to OCA Ventures. This site is provided as a service of SCI Shared Resources, LLC. [4] He was the lead advisor to Xencor and at one time owned 25% of the company's stock. 1-877-812-1590. John S. Stafford, III is a Chicago-based trader, investor and principal trading firm executive, who is the chief executive officer and co-founder of Ronin Capital LLC. Assets of Chicago trading firm Ronin Capital were. A visitation for John will be held Friday January 20, 2023, from 4 to 8 PM at Mack Memorial Home, 1245 Paterson Plank Road, Secaucus, NJ 07094. It's unclear what exactly hammered Ronin, but in March the firm was forced by futures exchange operator CME Group to auction some of its assets because it "was unable to meet its capital requirements going forward," CME said in a statement at the time. Key Principal: John S Stafford See more contacts Industry: Security brokers and dealers. Paul Rowady is the Director of Research for Alphacution Research Conservatory, a research and strategic advisory platform uniquely focused on modeling and benchmarking the impacts of technology on global financial markets and the businesses of trading, asset management and banking. The Dignity Memorial brand name is used to identify a network of licensed funeral, cremation and cemetery providers that include affiliates of Service Corporation International, 1929 Allen Parkway, Houston, Texas. Both NRIA and the NRIA Fund have initiated Chapter 11 bankruptcy proceedings. The firm moved to 350 N. Orleans in 2010, expanding from about 43,000 square feet in the Federal Reserve building at 230 S. LaSalle St. Ronin had as much as $21 billion of trading assets in 2018but fell hard earlier this year as the onset of the COVID-19 pandemic triggered wild stock market volatility. The rules are not complicated: if you are selling securities in New Jersey, you must comply with our securities laws, said Acting Division of Consumer Affairs Director Cari Fais. 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