<SEC-DOCUMENT>0000932540-25-000030.txt : 20250514
<SEC-HEADER>0000932540-25-000030.hdr.sgml : 20250514
<ACCEPTANCE-DATETIME>20250514171003
ACCESSION NUMBER:		0000932540-25-000030
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250514
DATE AS OF CHANGE:		20250514

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			B. Riley Financial, Inc.
		CENTRAL INDEX KEY:			0001464790
		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
		ORGANIZATION NAME:           	02 Finance
		EIN:				270223495
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-84964
		FILM NUMBER:		25947006

	BUSINESS ADDRESS:	
		STREET 1:		11100 SANTA MONICA BLVD
		STREET 2:		SUITE 800
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025
		BUSINESS PHONE:		818-884-3737

	MAIL ADDRESS:	
		STREET 1:		11100 SANTA MONICA BLVD
		STREET 2:		SUITE 800
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90025

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Great American Group, Inc.
		DATE OF NAME CHANGE:	20090522

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GROUP ONE TRADING LLC
		CENTRAL INDEX KEY:			0000932540
		ORGANIZATION NAME:           	
		EIN:				943209378
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		425 S FINANCIAL PLACE
		STREET 2:		SUITE 3400
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60605
		BUSINESS PHONE:		312-347-8864

	MAIL ADDRESS:	
		STREET 1:		425 S FINANCIAL PLACE
		STREET 2:		SUITE 3400
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60605

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GROUP ONE TRADING, L.P.
		DATE OF NAME CHANGE:	20241010

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GROUP ONE TRADING LLC
		DATE OF NAME CHANGE:	20241002

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GROUP ONE TRADING, L.P.
		DATE OF NAME CHANGE:	20030409
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000932540</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Common Stock, par value $0.0001 par value</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/31/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001464790</issuerCik>
        <issuerName>B. Riley Financial, Inc.</issuerName>
        <issuerCusip>05580M108</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>11100 SANTA MONICA BLVD</com:street1>
          <com:street2>SUITE 800</com:street2>
          <com:city>LOS ANGELES</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>90025</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>GROUP ONE TRADING LLC</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>852795.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>852795.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>852795.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>2.8</classPercent>
      <typeOfReportingPerson>BD</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>B. Riley Financial, Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES, CALIFORNIA, 90025</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>GROUP ONE TRADING LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>425 S. FINANCIAL PLACE, SUITE 3400
CHICAGO, IL 60605</principalBusinessOfficeOrResidenceAddress>
        <citizenship>DELAWARE, USA</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>BD</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>852,795

Group One Trading LLC is a market maker in the options listed on B. RILEY FINANCIAL, INC.

The number of Shares reported as beneficially owned includes options to buy 413,100 Shares.

Group One Trading LLC is both long and short calls and puts that have an expiration date within 60 days and beyond 60 days. </amountBeneficiallyOwned>
        <classPercent>2.8%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>852,795</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>852,795</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>GROUP ONE TRADING LLC</reportingPersonName>
      <signatureDetails>
        <signature>Kyle Tondo-Kramer</signature>
        <title>Chief Compliance Officer</title>
        <date>05/14/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
