# C&C TRADING L.L.C. X-17A-5 (2026-03-02) — Broker-dealer annual report - Company: C&C TRADING L.L.C. - Form: X-17A-5 - Filed: 2026-03-02 - Period: 2025-12-31 - Accession: 0001001362-26-000003 - CIK: 1001362 - File #: 8-48631 - Type: Broker-dealer - Material weakness: No - Auditor: PKF O'Connor Davies, LLP - Auditor location: New York, NY - Contact: John Robert Kruger - Phone: 2129970600 - Email: jkruger@ddkcpas.com - Website: pkfod.com - Signed by: William Charlton (Managing Member) Original filing: https://www.sec.gov/Archives/edgar/data/1001362/000100136226000003/CCTRADINGPUBLIC2025c.pdf --- {0}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE **COMMISSION Washington,** D.C. 20549 > ANNUAL REPORTS FORM X-17A-S PART Ill | SEC FILE NUMBER | | |-----------------|--| | 8-48631 | | FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and lSa--7 under the SecurtJes Exchanae Act of 19:M FILING FOR THE PERIOD BEGINNING O 1/01/2025 MM/DD/VY AND ENDING 12/31/2025 MM/DO/VY **A. REGISTRANT IDENTIFICATION** NAMEOFFIRM: C&C TRADING L.L.C. TYPE OF REGISTRANT (check all applicable boxes): IX! Broker-dealer □ Security-based swap dealer □ Major security-based **swap** participant □ Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) 35 MASON STREET 4TH FLOOR (No. and Street) Greenwich CT 06830 (City) (State) (ZipCode) **PERSON** TO CONTACT WITH REGARD TO THIS FILING John Kruger 212-997 -0600 jkruger@ddkcpas.com (Area Code-Telephone Number) (Email Address) **B.ACCOUNTANTIDENTIFICATION** INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* PKF O'Connor Davies, LLP (Name - if individual, state last, first, and middle name) 245 Park Avenue New York NY (Address) (Citvl (State) 09/29/2003 127 10167 (Zip Code} (Date of ·stration with PCAOB if a icable PCAOB • stration Number if a • **FOR OFFICAL USE ONLY** • Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supported by a \$1:atement of facts and circumstances relied on as the basis of the exemption. Se.e 17 CFR 240.17&--S(e)(l)(ii}, if applicable. Persons who re to respond to the collection of information contained in this form re not required to **respond unhlD** the farm dlspl ya • mrrently hd 0MB control number. {1}------------------------------------------------ #### OATH OR AFARMATION I, William Charlton swear (or affirm) that, to the best of my **knowledge** and belief, the **financial report pertainin1** to the firm of c&c Trading L.L.c. as of December 31 2~ is true and correc:t. I **further swear** (or affirm) **that neither** th• company nor any **partner,** officer, **director, or equivalent person, as the case** may **be, has any proprietary interest** In **any account claHified solely as that** of **a** customer. #### **this filing•• contains (check all applicable boxes):** - ii (a) Statement of financial condition. - ii (b) Notes to consolidated statement of financial condition. - D (c} Statement of income {loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in§ 210.1-02 of Regulation S-X). - D (d) Statement of cash flows. - D {e} Statement of changes in stockholders' or partners' or sole proprietor's equity. - D (f} Statement of changes in liabilities subordinated to claims of creditors. - 0 {g).Notes to consolidated financial statements. - 0 (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - D (i) Computation of tangible net worth under 17 CFR 240.18a-2. - 0 O} Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - 0 (k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable. - □ (1) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - D (m) Information relating to possession or control requirements for mstomers under 17 CFR 240.15c3-3. - □ (n) Information relating to possession or control requirements for security-based **swap** customers under 11 CFR 240.15c3-3(pJ(2) or 17 CFR 240.18.l-4, as applicable. - 0 {o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.1Sc3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist. - D (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - ii (q~ Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a•12, or 17 CFR 240.18a-7, as applicable. - D {r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (s) Exemption report !n accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - ii (t) Independent public accountant's report based on an examination of the statement of financial condition. - □ (u) Independent public accountant's report based on an ei11 | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) ## **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** **To the Member of C&C Trading, L.L.C.** ## **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of C&C Trading, L.L.C. (the "Company") as of December 31, 2025, and the related notes ( collectively referred to as the "financial statement"). In our opinion, the financial statement presents fairly, in all material respects, the financial position of the Company as of December 31, 2025 and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. ## **Basis for Opinion** This financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statement based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statement, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statement. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statement. We believe that our audit provides a reasonable basis for our opinion. *Pl(F* t)'~ ~. *lLP* We have served as the Company's auditor since 2009. March 2, 2026 PKF O"CONNOR DAVIES, LLP 245 Park Avenue, New York, NY 10167 I Tel: 212.867.8000 or 212.286.2600 I Fax: 212.286.4080 I www.pkfod.com PKF O'Connor Davies, LLP is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other individual member firm or firms. {5}------------------------------------------------ # **C&C TRADING, L.L.C. STATEMENT OF FINANCIAL CONDITION December 31, 2025** | Cash
\$
368,884
39,813,574
Due from clearing brokers
Securities owned
78,162,219
130,137
Property and equipment, net of accumulated depreciation of \$682,333
443,673
Right of use asset -
operating lease
82,855
Other assets
\$ 119,001,342
Total assets
LIABILITIES AND MEMBER'S EQUITY
LIABILITIES
\$
62, 156,887
Securities sold, not yet purchased
Accounts payable and accrued liabilities
387,753
451,098
Lease liability -
operating lease
62,995,738
Total liabilities
Member's equity
56,005,604
\$ 119,001,342
Total liabilities and member's equity | ASSETS | | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | The accompanying notes are an integral part of this statement of financial condition. 2 {6}------------------------------------------------ ## **NOTE 1. BUSINESS OPERATIONS AND ORGANIZATION** C&C TRADING, L.L.C. (the "Company") is a privately held proprietary trading firm. The Company engages in various trading and market making strategies in equities, ETFs, futures, options, and other securities and commodities. The Company focuses on market making and relative value strategies. The Company is a registered market maker on the CBOE BYX, CBOE BZX, CBOE EDGA, CBOE EDGX, and NYSE ARCA exchanges. The Company is also a member of the Investors Exchange (IEX) Chicago Mercantile Exchange's COMEX division. The Company registered as a Broker-Dealer with the Municipal Securities Rulemaking Board (MSRB) in 2025. Substantially all securities are held by Goldman Sachs & Co. LLC. The Company's sole member is C&C Global Markets, LLC. The liability of members of a limited liability company is generally limited to the members' enforceable obligation to make capital contributions and the members' obligation to return any prohibited distributions. ## **NOTE 2. SIGNIFICANT ACCOUNTING POLICIES** ### **Basis of Presentation** The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). ### **Use of Estimates** The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and t~:e reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. #### **Fair Value Measurements** The Company follows U.S. GAAP guidance on Fair Value Measurements, which defines fair value and establishes a fair value hierarchy organized into three levels based upon the input assumptions used in pricing financial instruments. Level 1 - inputs have the highest reliability and are related to assets with unadjusted quoted prices in active markets. Level 2 - inputs related to assets with quoted prices in markets that are not considered active or other than quoted prices in active markets which may include quoted prices for similar assets or liabilities or other inputs which can be corroborated by observable market data. Level 3 - inputs are unobservable and are used to the extent that observable inputs do not exist. {7}------------------------------------------------ #### **NOTE 2. SIGNIFICANT ACCOUNTING POLICIES** (Continued) #### **Fair Value Measurements** (Continued) The Company's positions in equity securities, bonds, rights, warrants, and exchange traded funds (ETFs) are valued based on quoted prices from the respective exchange they are traded on and are categorized in level 1 of the fair value hierarchy or, if traded in a market considered less than active, categorized in level 2 of the fair value hierarchy. The following table presents the Company's fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 31, 2025: | Assets | Level 1 | Level
Level
2
3 | | Total | | |---------------------------------------|----------------|--------------------------|------|----------------|--| | Securities owned | | | | | | | Equity securities | \$ 15,999,942 | \$ - | \$ - | \$ 15,999,942 | | | Equity options | 2,000 | | | 2,000 | | | Bonds | 111,124 | | | 111,124 | | | Exchange traded funds | 62,049,153 | | | 62,049,153 | | | Total | \$78,162,219 | \$ - | \$ - | \$73,162,219 | | | Liabilities | | | | | | | Securities sold, not yet
purchased | | | | | | | Equity securities | \$16,129,445 | | | \$16,129,445 | | | Bonds | 3,714,372 | | | 3,714,372 | | | Exchange traded funds | 42,313,070 | | | 42,313,070 | | | Total | \$ 62, 156,887 | \$ - | \$ - | \$ 62, 156,887 | | There were no transfers between levels during the year ended December 31, 2025. #### **Revenue Recognition** The Company records transactions in securities and the related revenues and expenses on a trade date basis. Realized and unrealized gains and losses on investments are included in the determination of securities trading income. Interest income and expense are recorded on an accrual basis. Dividend income on equities owned and dividend expense on equities sold, not yet purchased are recorded on the ex-dividend date. The accounting for these revenues is outside the scope of ASC Topic 606, ("Revenue from Contracts with Customers"). {8}------------------------------------------------ ## **NOTE 2. SIGNIFICANT ACCOUNTING POLICIES** (Continued) ### **Property and Equipment** Property and equipment is stated at cost and depreciated using the straight-line method over the useful lives of the assets. #### **Securities Sold, Not Yet Purchased** The Company has sold securities that it does not own and will, therefore, be obligated to purchase such securities at a future date. The short positions are offset by the Company's securities owned, broker receivables, and its cc;sh balances at the clearing firm, which are used as collateral for securities borrowed by the clearing firm. Gains, limited to the price at which the Company sold the security shorts, or losses, unlimited in amount, are recognized at fair value based on the difference between the short sale price and the current market price. ### **Receivables from Clearing Brokers** The Company's receivables from clearing brokers includes amounts receivable from unsettled trades, including amounts related to futures and options on futures contracts executed on behalf of customers, amounts receivable for securities failed to deliver, accrued interest receivables, and cash deposits. The Company's trades and contracts are cleared through clearing organizations and settled daily between the clearing organizations and the Company. Because of this daily settlement, the amount of unsettled credit exposures is limited to the amount owed by the Company for a very short period of time. The Company continually reviews the credit quality of its counterparties. ### **Allowance for Credit Losses** The Company's receivables from brokers, dealers, and clearing organizations include deposits of cash with exchange clearing organizations to meet margin requirements, amounts due from clearing organizations for daily variation settlements, receivables and payables for dividends, interest, fees and commissions, and receivables arising from unsettled securities transactions. These receivables generally do not give rise to material credit risk and have a remote probability of default either because of their short-term nature or due to the credit protection framework inherent in the design and operations of brokers, dealers and clearing organizations. As such, generally, no allowance for credit losses is provided against these receivables. {9}------------------------------------------------ ## **NOTE 2. SIGNIFICANT ACCOUNTING POLICIES** (Continued) #### **Leases** The Company recognizes and measures its leases in accordance with FASB ASC 842, "Leases". The Company recognizes a lease liability and a right of use (ROU) asset at the commencement date of the lease. The lease liability is initially and subsequently recognized based on the present value of its future lease payments. The ROU asset is measured throughout the lease term at the amount of the re-measured lease liability (i.e., present value of the remaining lease payments), plus unamortized initial direct costs, plus (minus) any prepaid (accrued) lease payments, less the unamortized balance of lease incentives received, and less any impairment recognized. Lease expense is recognized on a straight-line basis over the lease term. The Company has elected, for all underlying classes of assets, to not recognize ROU assets and lease liabilities for short-term leases that have a lease term of 12 months or less at lease commencement. #### **Segment Reporting** The Company is engaged in a single line of business as a securities broker-dealer. The Company has identified Robert Cohen, a managing member, as its chief operating decision maker (CODM) who uses net income to evaluate the results of the business. Additionally, the CODM uses excess Net Capital (see Note 3), which is not a measure of profit and loss, to make operational decisions while maintaining Net Capital compliance, such as whether to reinvest net income or to make a distribution to the parent company. The Company's operations constitute a single operating segment and therefore, a single reportable segment, because the CODM manages the business activities using information of the Company as a whole. As such, the Company has determined that it has one reportable segment in accordance with ASC 280, "Segment Reporting". The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. #### **Income Taxes** The Company is a single-member limited liability company. Accordingly, no provision for income taxes is made in the financial statements, and all taxable income and expense is passed through to the member. The Company recognizes the effect of income tax positions only when they are more likely than not of being sustained. At December 31, 2025, management has determined that the Company had no uncertain tax positions that would require financial statement recognition. The Company is no longer subject to U.S. federal, state or local income tax examinations for periods prior to 2022. {10}------------------------------------------------ ## **NOTE 2. SIGNIFICANT ACCOUNTING POLICIES** (Continued) #### **Foreign Currency Transactions** Realized and unrealized gains and losses resulting from foreign currency transactions are included in net income. ### **Subsequent Events Evaluation by Management** Management has evaluated subsequent events for disclosure and/or recognition in the financial statements through the date that the financial statemerts were available to be issued, which is March 2, 2026. ### **NOTE 3. REGULA TORY REQUIREMENTS** The Company is subject to the Uniform Net Capital Rule 15c3-1 under the Securities Exchange Act of 1934 ("SEA"), which requires the maintenance of minimum net capital, and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. In addition, the Rule provides that equity capital may not be withdrawn if the resulting net capital ratio would exceed 10 to 1. At December 31, 2025, the Company had net capital of \$51,205,017, which was \$50,205,017 in excess of its minimum requirement of \$1,000,000. The Company's net capital ratio was .0077 to 1 as of December 31, 2025. The Company is not subject to the provisions of SEA Rule 15c3-3 due to the limited nature of its business. The Company did not handle any customer cash or securities during the year ended December 31, 2025 and does not have any customer accounts. ### **NOTE 4. PROPERTY AND EQUIPMENT** At December 31, 2025, the classes of property and equipment and the related accumulated depreciation are as follows: | | Estimated
Usefu I Lives | Cost | | Accumulated
Deereciation | | Net | | |-------------------------------------|----------------------------|------|-------------------|-----------------------------|-------------------|-----|------------------| | Electronic
equipment
Software | 3 years
3 years | \$ | 716,219
12,479 | \$ | 594,691
10,942 | \$ | 121,528
1,537 | | Furniture | 5 years | | 8~,772 | | 76,700 | | 7,072 | | | | \$ | 812,470 | \$ | 682,333 | \$ | 130,137 | Depreciation expense was \$7,505 for the year ended December 31, 2025. {11}------------------------------------------------ ### **NOTE 5. CONCENTRATIONS OF CREDIT RISK** The Company is engaged in various trading activities for which ~ounterparties primarily include broker-dealers, banks, and other financial institutions. The Company has indemnified its clearing brokers in the event of counterparty default. In the event counterparties do not fulfill their obligations to its clearing broker, the Company may be exposed to risk. The risk of default depends on the creditworthiness of the counterparty or the issuer of the instrument. It is the Company's policy to review, as necessary, the credit standing of each counterparty. A substantial portion of the Company's assets are on deposit with clearing brokers. The Company's cash balance at times exceeded the FDIC insured amount of \$250,000 during 2025. ## **NOTE 6. RELATED PARTY TRANSACTIONS** There are no significant related party transactions to disclose. ### **NOTE 7. LITIGATION SETTLEMENTS** The Company was a participant in various class action security suits that resulted in settlement income of \$14,720 for 2025. ## **NOTE 8. DERIVATIVE FINANCIAL INSTRUMENTS AND OTHER OFF-BALANCE SHEET RISKS** In the normal course of business, the Company trades various derivative financial instruments with off-balance sheet risk. The Company enters into derivative t~ansactions for both trading and economic risk management purposes related to its own business activities. These derivative transactions typically include futures for foreign currencies, ETFs and indices. In addition, the Company has sold derivative contracts that it does not currently own and will therefore be obligated to purchase such securities at a future date. The Company has recorded these obligations in the financial statements at December 31, 2025 at fair value and will incur a loss if the fair value of the derivative contracts sold and not yet owned increases subsequent to December 31, 2025. {12}------------------------------------------------ ## **NOTE 8. DERIVATIVE FINANCIAL INSTRUMENTS AND OTHER OFF-BALANCE SHEET RISKS** (Continued) Generally, the Company uses these derivatives to mitigate risk of unfavorable price movements of the securities and derivative contracts sold and not yet owned, thus a loss in these positions may be offset by income attributable to the underlying portfolio. Pursuant to clearing agreements, the Company introduces all of its securities transactions to its clearing brokers on a fully disclosed basis. Therefore, all of the Company's money balances and long and short security positions will be carried on the books of the clearing brokers. Under certain conditions as defined in the clearance agreements, the Company has agreed to indemnify the clearing brokers for losses, if any, which the clearing brokers may sustain from carrying out securities transactions introduced by the Company. In accordance with industry practice and regulatory requirements, the Company and the clearing brokers monitor collateral on the securities transactions introduced by the Company. | Category | Contracts | Fair market
value | | Notional
amount | | Gain I (loss)
recognized in
year | | |------------------------|-----------|----------------------|-------|--------------------|-----------|----------------------------------------|----------| | Long
Futures | 21 | \$ | 1,125 | \$ | 2,551,719 | \$ | 42,277 | | Long Equity
Options | 800 | \$ | 2,000 | \$ | 1,195,200 | \$ | (38,378) | The following is a summary of the Company's December 31, 2025 derivative positions: Listed derivative contracts that are actively traded are measured based on quoted exchange prices, broker quotes or vanilla option valuation models, such as Black-Scholes, using observable valuation inputs from the principal market or consensus pricing services. The Company includes the fair market value of its open futures contracts in amounts due from clearing broker. The Company shows the fair market value of any open options contracts in Securities owned or Securities sold, not yet purchased. Gains and losses from its derivative financial instrument trading are included in trading income. {13}------------------------------------------------ ## **NOTE 9. LEASES** In 2021, the Company signed a non-cancellable operating lease for office space for four years with an option to extend the lease for an additional four years. The option was exercised in 2024 for an additional four years, extending the lease to March 2029. Payments due under the lease contract include fixed payments only. Total expense for this space was \$147,098 for 2025. The implicit rate of the lease was not readily determinable and ac:ordingly, the Company used its incremental borrowing rate based on the information available at the commencement date and extension date for the lease. The Company's incremental borrowing rate for a lease is the rate of interest it would have to pay on a collateralized basis to borrow an amount equal to the lease payments under similar terms and in a similar economic environment and was determined to be 5%. Future minimum lease payments under this non-cancellable operating lease as of December 31, 2025 are as follows: | Year ending December 31, | Amount | | | | |--------------------------|-----------|--|--|--| | 2026 | \$147,825 | | | | | 2027 | 150,525 | | | | | 2028 | 153,225 | | | | | 2029 | 38,475 | | | | | Total | 490,050 | | | | | Less: | | | | | | Imputed interest | (38,952) | | | | | Total lease liability | \$451,098 | | | | ### **NOTE 10. COMMITMENTS AND CONTINGENT LIABILITIES** The Company has securities clearing agreements, including its Joint Back Office agreement (JBO). Pursuant to the JBO Participant's Account Agreement, the Company's money balances and long and short security positions are maintained by the clearing member in a JBO participant account. Under certain conditions, as defined in the agreement, the Company has agreed to indemnify the clearing member for lorses, if any, which the clearing member may sustain from maintaining securities transactions effected by the Company. In accordance with industry practice and regulatory requirements, the Company and the clearing members monitor collateral on the securities transactions introduced by the Company. {14}------------------------------------------------ ## **NOTE 10. COMMITMENTS AND CONTINGENT LIABILITIES** (Continued) As discussed in Note 2, the Company s~lls securities short, which are collateralized by its securities with the underlying broker, and the Company is obligated to pay any shortfall if the securities sold short increase in price. Similarly, as discussed in Note 8, the Company sells short derivatives and is obligated to pay for any increase in value of the derivative contracts. These instruments are recorded at fair value at the year-end date. As discussed in Note 3, the Company is subject to and maintains minimum net capital as required under regulatory requirements, as well as is subject to the requirements of the exchanges for which it is registered or a member. As discussed in Note 9, the Company has a commitment under an office lease for which it has recorded a lease liability. The Company has not entered into any other material guarantee or indemnification agreements, and there are no unrecorded liabilities for commitments, guarantees or contingent liabilities. In addition, there are no claims asserted against the Company or of which the Company is aware that they are expected to be asserted against it. ### **NOTE11. SUBSEQUENTEVENT** On January 7, 2026, the Company distributed \$2,500,000 to its member, which represents a distribution of net income for the year ended December 31, 2025. On February 18, 2026, the Company distributed \$2,500,000 to its member, which represents a distribution of net income for the year ended December 31, 2025. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.