New’n’Closed February 2021


As part of a regular exercise, we scan the NFA register for new and closed managers. This report will be 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 do not necessarily indicate that the manager has shut down their trading program.

The number of managers registered with the NFA declined by 16, which is in line with prior months. The number of managers continued to decrease at approximately the average speed since we started to track the business climate for Managed Futures. RedKite, a legendary Metal Trader (mainly Copper) withdraw registration in January and some of their traders have moved elsewhere.


The trend is now pretty consistent, in a regular month, some 19 entities withdraw their NFA status. On average, we have 23.4 new entities looking to do business. We also have 42.6 entities that decide to withdraw their registration. While new manager registration hit a new record (since we started tracking) of 32 new managers, we also note the trend of manager closing continued unabated and we saw 48 managers close for the second month in a row.


January featured a decrease in the number of managers seeking or doing business under the CTA registration. We observed a decrease in the number of active CTAs, in line with earlier estimates, with a net loss of 16 managers. We observed 32 new managers and 48 managers closed throughout January.

In total, we have 2526 managers either as registered managers or pending registration with the NFA. We have 2023 managers as properly under the NFA’s control. Most of the new managers are “Pending” registration with the NFA. In terms of CTAs, our count is 1360, and for CPOs it is 1235.


One of the key components of our methodology is having a clear view of the industry. We believe this is particularly important in this environment, given the fact that asset raising is more difficult and assets gravitate towards the larger managers.

We observed new managers in the following countries:
Singapore [2], South Korea [1], Spain [1], United Kingdom [1], United States [27]

The following managers applied for registration in January:
Harbor Capital Advisors Inc, United States, Illinois, NFA ID 445667 [2021-02-28]
Cb Trading Inc, United States, Arizona, NFA ID 517812 [2021-02-13]
Whitney Peak Capital lp, United States, Massachusetts, NFA ID 521230 [2021-02-05]
Leaf Trading Llc, United States, North Carolina, NFA ID 533040 [2021-02-11]
Wincoram Asset Management Llc, United States, Texas, NFA ID 535683 [2021-02-04]
Shine Trader Pte Ltd, Singapore, Singapore, NFA ID 535835 [2021-02-13]
Blase Capital Management Llc, United States, Texas, NFA ID 536059 [2021-02-04]
Charis Capital Investment Group Pllc, United States, Texas, NFA ID 536077 [2021-02-09]
Pinnbrook Capital Management lp, United States, New York, NFA ID 536444 [2021-02-21]
Breit Asset Management Llc, United States, California, NFA ID 536499 [2021-02-21]
Aravali Asset Management Pte Ltd, Singapore, , NFA ID 536516 [2021-02-03]
3650 Reit Investment Management Llc, United States, Florida, NFA ID 536616 [2021-02-04]
Castlehedge Capital Management Gp Llc, United States, Texas, NFA ID 536641 [2021-02-06]
Coindex Capital Management Llc, United States, Georgia, NFA ID 536675 [2021-02-18]
Alex Willson Advisory Llc, Spain, Almeria, NFA ID 536690 [2021-02-05]
Muddy River Trading Llc, United States, Tennessee, NFA ID 536728 [2021-02-07]
Skrzypchak, Lee, United States, California, NFA ID 536739 [2021-02-06]
Simplify Asset Management Inc, United States, New York, NFA ID 536804 [2021-02-20]
Forex Opening Bell Llc, United States, Florida, NFA ID 536805 [2021-02-07]
Hcwh Global Limited, United Kingdom, , NFA ID 536806 [2021-02-11]
Siafu Capital, United States, California, NFA ID 536818 [2021-02-10]
Sloat Capital Management Llc, United States, California, NFA ID 536864 [2021-02-11]
Fgwh Global Pte Ltd, United States, Colorado, NFA ID 536878 [2021-02-11]
Pinnacle Capital Advisors Llc, United States, California, NFA ID 536904 [2021-02-26]
Quantin Asset Management, South Korea, , NFA ID 536932 [2021-02-17]
Azimuth Capital Management I Llc, United States, Arizona, NFA ID 536937 [2021-02-13]
Ancora Alternatives Llc, United States, Ohio, NFA ID 536995 [2021-02-19]
Kai Volatility Advisors Llc, United States, Illinois, NFA ID 537233 [2021-02-27]
Backhouse Trading Llc, United States, California, NFA ID 537236 [2021-02-26]
Alignment Digital Currency Fund lp, United States, Massachusetts, NFA ID 537299 [2021-02-28]
Hendrix Capital Management Llc, United States, New York, NFA ID 537338 [2021-02-26]
Xchange 365 Llc, United States, Illinois, NFA ID 537361 [2021-02-27]

We observed closed managers in the following countries:
Israel[1], Jersey Island[1], Switzerland[1], United Kingdom[5], United States[40]

The following managers withdraw their registration in January:
Grimshaw, Virginia J, United States, California, NFA ID 3138 [2021-02-06]
Bmo Asset Management Corp, United States, Illinois, NFA ID 227478 [2021-02-03]
Ziobron, Eugene Gerard, United States, Indiana, NFA ID 237145 [2021-02-06]
Spring Mountain Capital lp, United States, New York, NFA ID 312504 [2021-02-14]
Finisterre Capital Llp, United Kingdom, NFA ID 330740 [2021-02-06]
Doherty Advisors Llc, United States, New York, NFA ID 345940 [2021-02-11]
Barings Llc, United States, North Carolina, NFA ID 356475 [2021-02-06]
Double Eagle Capital Management lp, United States, Texas, NFA ID 371321 [2021-02-03]
Wafra Inc, United States, New York, NFA ID 372920 [2021-02-20]
Cortes, Diego, United States, New York, NFA ID 376402 [2021-02-06]
Gs Investment Strategies Llc, United States, New York, NFA ID 378395 [2021-02-21]
Agtradertalk Llc, United States, Illinois, NFA ID 392600 [2021-02-07]
Sensato Investors Llc, United States, California, NFA ID 420563 [2021-02-07]
Carlson Capital Gp lp, United States, Texas, NFA ID 420701 [2021-02-26]
De Shaw Alkali General Partner Llc, United States, New York, NFA ID 441594 [2021-02-28]
Illac Advisors Llc, United States, Texas, NFA ID 441693 [2021-02-13]
Miles Timbers Llc, United States, Wisconsin, NFA ID 444512 [2021-02-14]
Causeway Capital Management Llc, United States, California, NFA ID 449356 [2021-02-28]
H2c Securities Inc, United States, California, NFA ID 455356 [2021-02-18]
Hemco Trading Llc, United States, Illinois, NFA ID 461390 [2021-02-19]
Aspetuck Capital Management Llc, United States, Connecticut, NFA ID 468661 [2021-02-07]
Blackhawk Trading Group Llc, United States, Indiana, NFA ID 469453 [2021-02-05]
Harbour Square Capital Management Llc, United States, Connecticut, NFA ID 471390 [2021-02-12]
Parkestone Capital Management Llc, United States, Utah, NFA ID 472295 [2021-02-12]
Vertical One Llc, United States, Illinois, NFA ID 478745 [2021-02-06]
Eqmp Mm Llc, United States, Connecticut, NFA ID 481572 [2021-02-06]
Skycrest Capital Partners Llc, United States, Florida, NFA ID 481901 [2021-02-06]
Intrinsic Value Capital Management Llc, United States, Arkansas, NFA ID 484798 [2021-02-11]
Valgreen Advisors ag, Switzerland, , NFA ID 488552 [2021-02-03]
Addison Trading Llc, United States, Colorado, NFA ID 492228 [2021-02-21]
Penway Group lp, United States, Texas, NFA ID 492728 [2021-02-24]
Rate Cap Advisors Llc, United States, California, NFA ID 501234 [2021-02-21]
Red Kite Capital Management Llp, United Kingdom, , NFA ID 508539 [2021-02-03]
Perimeta Partners Limited, Jersey Island, , NFA ID 510780 [2021-02-10]
North Point Capital Management Llc, United States, Minnesota, NFA ID 511872 [2021-02-07]
Nexidus Commodities Llc, United States, Tennessee, NFA ID 512297 [2021-02-27]
Tjv Capital Llc, United States, Florida, NFA ID 513221 [2021-02-12]
Kli Asset Management Llp, United Kingdom, , NFA ID 514387 [2021-02-03]
Mercury Capital Advisers Ltd, Israel, , NFA ID 516679 [2021-02-07]
Stochastic Energy Partners Llc, United States, New York, NFA ID 523911 [2021-02-03]
Intuitive Capital Management Llc, United States, Washington, NFA ID 525049 [2021-02-06]
Apteros Capital Llc, United States, Tennessee, NFA ID 525646 [2021-02-06]
Jindal, Hemant, United States, California, NFA ID 527211 [2021-02-06]
Northpost Partners lp, United States, California, NFA ID 528015 [2021-02-06]
Gold Standard Capital Llc, United States, Virginia, NFA ID 529773 [2021-02-06]
Godwin, Andrew, United Kingdom, , NFA ID 533007 [2021-02-14]
Badmos Group Ltd, United Kingdom, , NFA ID 534546 [2021-02-25]
Prudent Futures Inc, United States, Wyoming, NFA ID 535079 [2021-02-20]