New’n’Closed March 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 2, which is a smaller decline than we normally observe. The number of managers continued to decrease at a slower rate, compared to its own history. While this month is an exception, the trend is now pretty consistent, in a regular month, some 18 entities withdraw their NFA status. On average, we have 23.6 new entities looking to do business. We also have 41.6 entities that decide to withdraw their registration. March, 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 2 managers. We observed 27 new managers and 29 managers closed throughout March.

In total, we have 2527 managers either as registered managers or pending registration with the NFA. We have 2030 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 1361, and for CPOs, it is 1243. 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:
Brazil [1], Cayman Islands [1], Panama [1], United Kingdom [1], United States [23]

The following managers applied for registration in March:
Compass Rose Asset Management lp, United States, New York, NFA ID 515453 [2021-03-07]
Brean Asset Management Llc, United States, New York, NFA ID 526649 [2021-03-14]
Miles Capital Ltda, Brazil, , NFA ID 534548 [2021-03-04]
Vigo Capital Llc, United States, Florida, NFA ID 534942 [2021-03-27]
Ten Fund, Cayman Islands, , NFA ID 535039 [2021-03-05]
Softs Research Advisory Services Llc, Panama, , NFA ID 537297 [2021-03-03]
Hickey Asset Management Llc, United States, Texas, NFA ID 537312 [2021-03-02]
Daemon Investment And Asset Management Llc, United States, Florida, NFA ID 537542 [2021-03-06]
Aequantium Llc, United States, Oregon, NFA ID 537599 [2021-03-04]
Eisler Capital Us Llc, United States, Texas, NFA ID 537609 [2021-03-09]
Cjo Capital Management Llc, United States, California, NFA ID 537643 [2021-03-05]
Gavilan Commodities Llc, United States, New York, NFA ID 537713 [2021-03-10]
Sugar Grain & Bean Trading Company Llc, United States, Texas, NFA ID 537741 [2021-03-11]
Dynamo Macro Advisors Llc, United States, Connecticut, NFA ID 537795 [2021-03-19]
Tactical Iv Slp lp, United States, Pennsylvania, NFA ID 537865 [2021-03-21]
Gulf Breeze Capital Management Llc, United States, Alabama, NFA ID 537906 [2021-03-18]
Cortex Technology Capital Management Llc, United States, Colorado, NFA ID 537910 [2021-03-25]
Stillwater Investing Inc, United States, Maine, NFA ID 538014 [2021-03-20]
Arizon Technology Llc, United States, Wyoming, NFA ID 538229 [2021-03-19]
Sharp Square Capital Llc, United States, New York, NFA ID 538250 [2021-03-20]
Ctc Capital Management Llc, United States, Illinois, NFA ID 538253 [2021-03-20]
R Cubed Global Capital Llc, United States, Florida, NFA ID 538257 [2021-03-24]
Tardigrade Investments Inc, United States, New Jersey, NFA ID 538279 [2021-03-21]
Sphaera Capital Management Llc, United States, California, NFA ID 538285 [2021-03-21]
Nee Trading Llc, United States, New York, NFA ID 538385 [2021-03-27]
Aurum Funds Limited, United Kingdom, , NFA ID 538433 [2021-03-28]
Mission Crest Capital Management Llc, United States, Florida, NFA ID 538437 [2021-03-31]

We observed closed managers in the following countries:
Australia[1], Norway[1], Switzerland[1], United Kingdom[2], United States[24]

The following managers withdraw their registration in March:
Simon, James Lewis, United States, Michigan, NFA ID 285016 [2021-03-06]
Cole, Obie Lee, United States, Iowa, NFA ID 302795 [2021-03-25]
Clark Futures Corporation, United States, New York, NFA ID 314109 [2021-03-14]
Jpr Inc, United States, Maryland, NFA ID 325708 [2021-03-25]
Moore Advisors Ltd, United States, New York, NFA ID 325893 [2021-03-03]
Rosen, Ronald Leonard, United States, Florida, NFA ID 349321 [2021-03-10]
Bennelong Asset Management Limited, United Kingdom, Jersey, NFA ID 354765 [2021-03-14]
Alpha Centauri Capital Management Llc, United States, California, NFA ID 401719 [2021-03-07]
Investcorp Investment Advisers Llc, United States, New York, NFA ID 404169 [2021-03-03]
Matarin Capital Management Llc, United States, New York, NFA ID 426147 [2021-03-04]
Princeton Fund Advisors Llc, United States, Colorado, NFA ID 440817 [2021-03-10]
Bessemer Investment Management Llc, United States, New York, NFA ID 440890 [2021-03-14]
Nordic Commodity Management Llc, Norway, , NFA ID 479018 [2021-03-10]
Royal Falcon Asset Management Llc, United States, New Jersey, NFA ID 481458 [2021-03-04]
Reality Shares Advisors Llc, United States, California, NFA ID 482324 [2021-03-20]
Domeyard lp, United States, Massachusetts, NFA ID 485623 [2021-03-14]
Vanderford Capital Advisors Llc, United States, Tennessee, NFA ID 488746 [2021-03-07]
Volatility Funds Management Pty Ltd, Australia, Nsw, NFA ID 489707 [2021-03-10]
Marketmodel Advisors Llc, United States, Florida, NFA ID 491458 [2021-03-07]
Black Diamond Commodities Llc, United States, Texas, NFA ID 494718 [2021-03-03]
Mistell Management lp, United States, New York, NFA ID 507808 [2021-03-19]
Valley Hall Llc, United States, California, NFA ID 509477 [2021-03-03]
Direxion Advisors Llc, United States, New York, NFA ID 509546 [2021-03-04]
Meliora Capital Llp, United Kingdom, , NFA ID 512134 [2021-03-28]
Cove Capital sa, Switzerland, Geneva, NFA ID 513114 [2021-03-12]
Moment Alpha Capital Inc, United States, Illinois, NFA ID 517604 [2021-03-10]
Hoss Trading Llc, United States, Oklahoma, NFA ID 519485 [2021-03-24]
Dafex Global Ltd, United States, Colorado, NFA ID 527853 [2021-03-14]
Clear Sky Enhanced Inflation Carbon Fund lp, United States, Texas, NFA ID 535157 [2021-03-10]