New’n’Closed May 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. Overall, we note that there is a slight trend for managers in the Tri-state area to close, while Florida has seen a net increase in managers.

The number of managers registered with the NFA declined by 15, 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.


The trend is now pretty consistent, in a regular month, some 17 entities withdraw their NFA status. On average, we have 23.5 new entities looking to do business. We also have 40.7 entities that decide to withdraw their registration. May 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 15 managers. We observed 24 new managers and 39 managers closed throughout May.

In total, we have 2507 managers either as registered managers or pending registration with the NFA. We have 2021 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 1354, and for CPOs, it is 1247. We may see less than 2500 CTA next month.


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:
Argentina [1], South Africa [2], Switzerland [1], United Kingdom [1], United States [19]

The following managers applied for registration in May:
Mason Capital Management Llc, United States, New York, NFA ID 346376 [2021-05-09]
Hudson Bay Capital Management lp, United States, New York, NFA ID 371041 [2021-05-05]
Maritime Capital Llc, United States, New York, NFA ID 419757 [2021-05-08]
Dgv Solutions lp, United States, Minnesota, NFA ID 504094 [2021-05-06]
Miravet sa, Switzerland, NFA ID 517534 [2021-05-16]
Twinbeech Capital lp, United States, New York, NFA ID 519815 [2021-05-22]
Breacher Capital Management Llc, United States, Connecticut, NFA ID 528983 [2021-05-12]
Tape Reader Llc The, United States, Illinois, NFA ID 533183 [2021-05-27]
Tenac Asset Management Llc, Argentina, Buenos Aires, NFA ID 533400 [2021-05-27]
Westbeck Capital Management Llp, United Kingdom, NFA ID 535153 [2021-05-22]
Evergreen Capital Associates Llc, United States, New Jersey, NFA ID 537805 [2021-05-08]
Benten Enterprise Llc, United States, New Jersey, NFA ID 538792 [2021-05-14]
Brent Trading Pty Ltd, South Africa, Freestate, NFA ID 538907 [2021-05-06]
Flagship Aggressive Fund lp, United States, Florida, NFA ID 538946 [2021-05-22]
Meraki Mineral Holding Pty Limited, South Africa, Durban, NFA ID 539063 [2021-05-19]
Monkey Hammer Llc, United States, Minnesota, NFA ID 539494 [2021-05-12]
Svaraaditya Trading Llc, United States, New Jersey, NFA ID 539505 [2021-05-13]
North Haven Gp Llc, United States, Florida, NFA ID 539671 [2021-05-22]
High Throughput Productions Llc, United States, Georgia, NFA ID 539789 [2021-05-26]
Wakem Digital Management Llc, United States, New Jersey, NFA ID 539793 [2021-05-22]
De Shaw Esc Adviser Llc, United States, New York, NFA ID 539844 [2021-05-28]
De Shaw Esc Manager Llc, United States, New York, NFA ID 539845 [2021-05-28]
Cygnus Tech Llc, United States, Florida, NFA ID 540000 [2021-05-28]
Ocean Floor Llc, United States, Texas, NFA ID 540003 [2021-05-29]

We observed closed managers in the following countries:
Australia[1], Canada[1], Hong Kong[1], Malta[1], Singapore[2], Spain[1], Taiwan[1], United Kingdom[2], United States[29]

The following managers withdraw their registration May:
Gillette, Philip Edward jr, United States, Massachusetts, NFA ID 68308 [2021-05-07]
Bronstein, Joel Richard, United States, Illinois, NFA ID 230138 [2021-05-15]
Gurke, Raymond Michael, United States, Illinois, NFA ID 233328 [2021-05-07]
Mhs Capital Resource Inc, United States, Illinois, NFA ID 261434 [2021-05-05]
Gbm International Inc, United States, Texas, NFA ID 261951 [2021-05-15]
Pinewood Capital Management Inc, United States, Pennsylvania, NFA ID 289259 [2021-05-02]
Genuine Trading Solutions Ltd, Canada, Ontario, NFA ID 357505 [2021-05-16]
Wisdomtree Commodity Services Llc, United States, New York, NFA ID 376946 [2021-05-02]
Camkay Capital Management Llc, United States, Arizona, NFA ID 406810 [2021-05-22]
Entrust Global Ltd, United Kingdom, , NFA ID 412767 [2021-05-23]
Bartholomew Investment Corp, United States, Pennsylvania, NFA ID 439399 [2021-05-05]
Pearl Capital Advisors Llc, United States, California, NFA ID 476831 [2021-05-07]
Ardmore Systems Trading Llc, United States, Tennessee, NFA ID 485186 [2021-05-22]
Sisu Capital Llc, United States, California, NFA ID 485691 [2021-05-07]
Bloomington Capital Llc, United States, Pennsylvania, NFA ID 486382 [2021-05-26]
Guzman Energy Llc, United States, Florida, NFA ID 487132 [2021-05-22]
Ccszf Management Llc, United States, Connecticut, NFA ID 495999 [2021-05-22]
Dymon Asia Capital Hk Limited, Hong Kong, , NFA ID 496581 [2021-05-19]
Aism Technologies Co Ltd, Taiwan, Taiwan, NFA ID 500854 [2021-05-12]
Brisslen Capital Management Llc, United States, Texas, NFA ID 504059 [2021-05-05]
Rgo Advisors Llc, United States, Florida, NFA ID 509788 [2021-05-07]
Sparta Technology Management Llc, United States, Connecticut, NFA ID 518019 [2021-05-12]
Alaluz Capital Sgiic sa, Spain, Madrid, NFA ID 519364 [2021-05-28]
Neos Capital Management Llc, United States, Texas, NFA ID 521896 [2021-05-22]
Scions Capital Llc, United States, New York, NFA ID 524074 [2021-05-26]
Haven Capital Pte Ltd, Singapore, , NFA ID 524893 [2021-05-12]
Splendor Capital Llc, United States, California, NFA ID 528097 [2021-05-07]
Pointstate One Llc, United States, New York, NFA ID 529735 [2021-05-29]
Hustal Global Pte Ltd, United States, Colorado, NFA ID 530147 [2021-05-26]
Northlander Malta, Malta, , NFA ID 532242 [2021-05-08]
Ridge Corporation Llc, United States, Colorado, NFA ID 532280 [2021-05-26]
Leaf Trading Llc, United States, North Carolina, NFA ID 533040 [2021-05-12]
Ceres International Industrial Limited, United States, New York, NFA ID 533311 [2021-05-27]
Dfx Global Pty Ltd, Australia, Vic, NFA ID 533628 [2021-05-22]
Shine Trader Pte Ltd, Singapore, Singapore, NFA ID 535835 [2021-05-14]
Charis Capital Investment Group Pllc, United States, Texas, NFA ID 536077 [2021-05-12]
Hcwh Global Limited, United Kingdom, , NFA ID 536806 [2021-05-12]
Siafu Capital, United States, California, NFA ID 536818 [2021-05-12]
Fgwh Global Pte Ltd, United States, Colorado, NFA ID 536878 [2021-05-12]