{"id":19574,"date":"2010-12-23T07:21:34","date_gmt":"2010-12-23T11:21:34","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19574"},"modified":"2010-12-23T07:21:34","modified_gmt":"2010-12-23T11:21:34","slug":"dallas-hedge-fund-suing-over-flash-crash-losses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2010\/dallas-hedge-fund-suing-over-flash-crash-losses.html","title":{"rendered":"Dallas hedge fund suing over &#8216;flash crash&#8217; losses"},"content":{"rendered":"<p>Dallas News &#8211; A small Dallas hedge fund firm is suing three Chicago-based trading companies, including hedge fund giant Citadel, for losses sustained during\u00a0the &#8220;flash crash&#8221; on May 6.<\/p>\n<p>GovPlus Master Fund LP and GovPlus Fund AI LP, which are managed by Dallas-based financial firm NorCap, say the\u00a0Chicago funds should give back $3.15 million that the GovPlus funds paid for put options. The trades occurred as financial markets were going haywire, with many prices plunging and then recovering in a brief period of afternoon trading.<\/p>\n<p><strong><a href=\"http:\/\/www.dallasnews.com\/sharedcontent\/dws\/bus\/personalfinance\/stories\/DN-NorCap_23bus.ART.State.Edition1.36cb96d.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dallas News &#8211; A small Dallas hedge fund firm is suing three Chicago-based trading companies, including hedge fund giant Citadel, for losses sustained during\u00a0the &#8220;flash crash&#8221; on May 6. GovPlus Master Fund LP and GovPlus Fund AI LP, which are [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-19574","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=19574"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19574\/revisions"}],"predecessor-version":[{"id":19576,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19574\/revisions\/19576"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}