LAB Labranche & Co., Inc.

CUSIP No. 505447102


1. Names of Reporting Persons. Summit Capital Management, LLC

2. Check the Appropriate Box if a Member of a Group

(a) [ ]

(b) [ X ]


3. SEC Use Only


4. Citizenship or Place of Organization - WASHINGTON STATE


Number of Shares Beneficially Owned by Each Reporting Person With:

5. Sole Voting Power

 3150300

6. Shared Voting Power

 None

7. Sole Dispositive Power

 3150300

8. Shared Dispositive Power

 None


9. Aggregate Amount Beneficially Owned by Each Reporting Person

 3150300

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares


11. Percent of Class Represented by Amount in Row (9) 7.70%

12. Type of Reporting Person (See Instructions)

 IA



Item 1.

(a) Name of Issuer
 LABRANCHE & CO INC

(b) Address of Issuer's Principal Executive Offices
 1 EXCHANGE PLAZA NEW YORK NY 10006-3008

Item 2.

(a) Name of Person Filing
 (a) SUMMIT CAPITAL MANAGEMENT, LLC

(b) Address of Principal Business Office or, if none, Residence
 600 UNIVERSITY STREET, SUITE 2304
 SEATTLE, WA 98101

(c) Citizenship
 WASHINGTON

(d) Title of Class of Securities
 COMMON STOCK

(e) CUSIP Number
 505447105

Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or
 (c), check whether the person filing is a:

[ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
[ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
[ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.
 78c).
[ ] Investment company registered under section 8 of the Investment Company
 Act of 1940 (15 U.S.C. 80a-8).
[ X] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
[ ] An employee benefit plan or endowment fund in accordance with 240.13d-
 1(b)(1)(ii)(F).
[ ] A parent holding company or control person in accordance with 240.13d-
 1(b)(1)(ii)(G).
[ ] A savings association as defined in Section 3(b) of the Federal Deposit
 Insurance Act (12 U.S.C. 1813).
[ ] A church plan that is excluded from the definition of an investment
 company under section 3(c)(14) of the Investment Company Act of 1940 (15
 U.S.C. 80a-3).
[ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(j).
 If filing as a non-U.S. institution in accordance with
 Rule 240.13d-1(b)(1)(ii)(j)
[ ] Group, in accordance with 240.13d-1(b)(1)(ii)(k).

Item 4. Ownership

 Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

Amount beneficially owned:

 3150300

Percentage of class:

 7.70%

Number of shares as to which person has:

Sole power to vote or direct the vote:

 3150300

Shared power to vote or direct the vote:

 None

Sole power to dispose or to direct the disposition of:

 3150300

Shared power to dispose or to direct the disposition of:

 None



Item 5. Ownership of Five Percent or Less of a Class

 If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following. [ ]



Item 6. Ownership of More than Five Percent on Behalf of Another Person.

 If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employees benefit plan, pension fund or endowment fund is not required.

 N/A

Item 7. Identification and Classification of the Subsidiary Which Acquired the
 Security Being Reported on By the Parent Holding Company.

 If a parent holding company has filed this schedule, pursuant to Rule 13d-
1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-
1(d), attach an exhibit stating the identification of the relevant subsidiary.

 N/A

Item 8. Identification and Classification of Members of the Group

 If a group has filed this schedule pursuant to 240.13d-1(b)(1)(ii)(J), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to 240.13d-1(c) or 240.13d-1(d), attach an exhibit stating the
identity of each member of the group.

 N/A

Item 9. Notice of Dissolution of Group

 Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to transaction
sin the security reported on will be filed, if required, by members of the
group, in their individual capacity. See Item 5.

 N/A

Item 10. Certification

(a) The following certification shall be included if the statement is filed
 pursuant to 240.13d-1(b):

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 affect 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.

(b) The following certification shall be included if the statement is filed
 pursuant to 240.13d-1(c):

By signing below I certify that to the best of my knowledge and belief, the
securities referred to above 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.

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.


Dated: February 9, 2011

Summit Capital Management LLC

Signature: Matthew C. Rudolf

Name/Title Chief Operating Officer


The original statement shall be signed by each person on whose
behalf the statement is filed or his authorized representative.
If the statement is signed on behalf of a person by his authorized
representative other than an executive officer or general partner
of the filing person, evidence of the representative's authority to
sign on behalf of such person shall be filed with the statement,
provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated
by reference. The name and any title of each person who
signs the statement shall be typed or printed beneath his signature.


Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (see 18 U.S.C. 1001).