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    <submissionType>13F-HR</submissionType>
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      <liveTestFlag>LIVE</liveTestFlag>
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      <periodOfReport>06-30-2013</periodOfReport>
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      <reportCalendarOrQuarter>06-30-2013</reportCalendarOrQuarter>
      <isAmendment>false</isAmendment>
      <filingManager>
        <name>GREEN ARROW CAPITAL MANAGEMENT LLC</name>
        <address>
          <ns1:street1>c/o Millennium International Mgmt. LP</ns1:street1>
          <ns1:street2>666 Fifth Avenue, 8th Floor</ns1:street2>
          <ns1:city>New York</ns1:city>
          <ns1:stateOrCountry>NY</ns1:stateOrCountry>
          <ns1:zipCode>10103</ns1:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-13792</form13FFileNumber>
      <provideInfoForInstruction5>Y</provideInfoForInstruction5>
      <additionalInformation>The Institutional Investment Manager filing this report (the "Institutional Investment Manager") and the Other Included Managers described below are affiliates, and the Other Included Managers Nos.2 and 3 are relying advisers (as such term is used in the SEC Staff No-Action Letter addressed to the American Bar Association, Business Law Section, dated January 18, 2012) of the Institutional Investment Manager filing this report. Each of the holdings described below is held directly or indirectly by Millennium Partners, L.P. or one or more affiliated investment funds that invest a portion of their assets in Millennium Partners, L.P.</additionalInformation>
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    <signatureBlock>
      <name>Robert Williams</name>
      <title>Chief Financial Officer</title>
      <phone>212-841-4100</phone>
      <signature>/s/ Robert Williams</signature>
      <city>New York</city>
      <stateOrCountry>NY</stateOrCountry>
      <signatureDate>08-14-2013</signatureDate>
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            <name>MILLENNIUM INTERNATIONAL MANAGEMENT LP</name>
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            <cik>0001273087</cik>
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            <name>MILLENNIUM MANAGEMENT LLC</name>
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