Liquid Holdings Group, Inc. (OTC PINK:LIQD), which provides cloud-based order, execution, and risk-management solutions to the global hedge fund and active trading markets, has commenced a case (Case No. 16-10202-KG) under Chapter 11 of the Bankruptcy Code by filing a petition with the U.S. Bankruptcy Court for the District of Delaware. The Honorable Kevin Gross will preside over the case. The debtor’s petition is available here, and additional documents are available from the Court’s website. The company has released a press release regarding its bankruptcy filing.