{"id":19624,"date":"2010-12-29T07:14:00","date_gmt":"2010-12-29T11:14:00","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=19624"},"modified":"2010-12-29T07:14:00","modified_gmt":"2010-12-29T11:14:00","slug":"cboe-options-clearing-corp-sued-by-ny-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2010\/cboe-options-clearing-corp-sued-by-ny-hedge-fund.html","title":{"rendered":"CBOE, Options Clearing Corp. sued by NY hedge fund"},"content":{"rendered":"<p>Crain&#8217;s &#8211; Platinum Partners Value Arbitrage Fund LP, a New York hedge fund, is suing the Chicago Board Options Exchange and Options Clearing Corp. over an alleged $10-million loss from trading in India Fund Inc. options.<\/p>\n<p>Platinum, whose chairman and chief investment officer is Mark Nordlicht, claims in the lawsuit that its losses derived from a faulty option strike-price adjustment and selective market dissemination of that information. Chicago-based CBOE Holdings Inc., parent of the exchange, and OCC declined to comment on the pending litigation.<\/p>\n<p><strong><a href=\"http:\/\/www.chicagobusiness.com\/article\/20101228\/NEWS01\/101229910\/cboe-options-clearing-corp-sued-by-ny-hedge-fund#axzz19UwpCTxN\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crain&#8217;s &#8211; Platinum Partners Value Arbitrage Fund LP, a New York hedge fund, is suing the Chicago Board Options Exchange and Options Clearing Corp. over an alleged $10-million loss from trading in India Fund Inc. options. Platinum, whose chairman and [&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-19624","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19624","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=19624"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19624\/revisions"}],"predecessor-version":[{"id":19626,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/19624\/revisions\/19626"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=19624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=19624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=19624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}