As part of a regular exercise, we scan the NFA register for new and closed managers. This report will developed over time and will be a recurring feature. We would like to highlight that some of the closures and registrations are due to corporate (re)structuring and does not indicate that the manager has shut down their trading program.
For the first time since we started to monitor the pace of openings and closings amongst CTAs, we observed a net increase in the number of managers.
June, featured a a small increase in the number of managers seeking or doing business under the CTA registration. We observed an increase of the number of active CTAs, in line with earlier estimates, with a net gain of 3 managers. We observed 26 new managers and 29 managers closed throughout June.
In total, we have 2670 managers either as registered managers or pending registration with the NFA. We have 2122 managers as properly under the NFA’s control which is a small decline as most of the new managers are “Pending” registration with the NFA.
In June, 29 managers applied for a new registrations with the NFA. As usual, most of them are located in the USA. Columbia saw a rare new registration, as Clockwork filed for registration.
| Name | State | Country | firstObs |
| Whaley Capital Group Llc | Virginia | United States | 6/3/2020 |
| Mlt Harrison Llc | New Jersey | United States | 6/4/2020 |
| Eastborough Capital Llc | Connecticut | United States | 6/5/2020 |
| Ooda Commodities Llc | Massachusetts | United States | 6/6/2020 |
| Amfa Llc | Connecticut | United States | 6/7/2020 |
| Clockwork Group Sas The | Bolivar | Colombia | 6/15/2020 |
| Castle Analytics Llc | California | United States | 6/15/2020 |
| Olden Lane Advisors Llc | New Jersey | United States | 6/15/2020 |
| Black Diamond Commodities Llc | Texas | United States | 6/15/2020 |
| Warren, Gary Wayne | Texas | United States | 6/15/2020 |
| Moore, Christopher Thomas | Florida | United States | 6/15/2020 |
| Barker, Mercedes Gabrielle | Texas | United States | 6/15/2020 |
| Glass Value Investment Limited | United Kingdom | 6/15/2020 | |
| Aje Quantitative Capital Llc | District Of Columbia | United States | 6/17/2020 |
| Heirloom Investment Management Llc | Delaware | United States | 6/17/2020 |
| Bennson Investments Llc | Georgia | United States | 6/18/2020 |
| Alta Fundamental Advisers Llc | New York | United States | 6/18/2020 |
| Belstar Management Company Llc | New York | United States | 6/18/2020 |
| Eigen International Limited | China | 6/19/2020 | |
| Singleprofit Capital Llc | Delaware | United States | 6/21/2020 |
| Minor To Major Capital Inc | California | United States | 6/24/2020 |
| Nefertiti Asset Management Llc | New York | United States | 6/24/2020 |
| Cp Capital Llc | Connecticut | United States | 6/24/2020 |
| Sema4 Group Llc The | Pennsylvania | United States | 6/26/2020 |
| Second Creek Ventures Llc | Missouri | United States | 6/26/2020 |
| Le Mans Trading Llc | Illinois | United States | 6/27/2020 |
| Magid, Nachum | New Jersey | United States | 6/27/2020 |
| 1859 Capital Llp | United Kingdom | 6/27/2020 | |
| Wagner, Jeffrey Beau | Arizona | United States | 6/28/2020 |
Funds withdrawing registrations was again back to normal levels with a total of 26 managers withdrawing from the NFA register. The same applies for closed managers, a particular manager may have elected to close a specific local entity and may still be actively trading. 21 of the 26 managers were located in the US.
| Name | State | Country | lastObs |
| Rko2 Capital Management Llc | Florida | United States | 6/6/2020 |
| Jcra Financial Llc | New Jersey | United States | 6/6/2020 |
| Swiss Capital Invest Holding Dublin Limited | Ireland | 6/6/2020 | |
| Numeri Capital Management Inc | North Carolina | United States | 6/6/2020 |
| Bainbridge Asia Limited | Hong Kong | 6/6/2020 | |
| Hanweck Capital Gp Llc | New York | United States | 6/7/2020 |
| Plutus Capital Management Llc | Kansas | United States | 6/7/2020 |
| Nanhua Buckingham Llc | Illinois | United States | 6/7/2020 |
| Ets Capital Llc | Georgia | United States | 6/15/2020 |
| James H Jones Capital Management Llc | Texas | United States | 6/15/2020 |
| Reservoir Operations lp | New York | United States | 6/15/2020 |
| Bhc Macro Investment Management Llc | Massachusetts | United States | 6/15/2020 |
| Buckingham Global Capital Llc | California | United States | 6/15/2020 |
| Trailhead Commodity Management Llc | Colorado | United States | 6/15/2020 |
| Yungasi Inc | New York | United States | 6/17/2020 |
| Pinner, Curtis G | Indiana | United States | 6/18/2020 |
| Bullet Hill Capital Llc | Connecticut | United States | 6/19/2020 |
| Best Trader Technology Limited | Canada | 6/19/2020 | |
| Lee, Bong | California | United States | 6/21/2020 |
| Jabre Capital Partners lp | Cayman Islands | 6/21/2020 | |
| Ryan Labs Asset Management Inc | New York | United States | 6/21/2020 |
| Benefit Street Partners Llc | New York | United States | 6/24/2020 |
| Three Zero Three Capital Partners Llc | Illinois | United States | 6/25/2020 |
| E4evolve Ltd | United Kingdom | 6/26/2020 | |
| Csat Investment Advisory lp | Michigan | United States | 6/27/2020 |
| Zinica Digital Assets Fund 1 Gp Llc | California | United States | 6/27/2020 |
Additional, continuously updated data can be found here: https://nilssonhedge.com/reports/tracking-the-cta-industry/
