COBRA TRADING, INC. X-17A-5 (2026-04-06) — Broker-dealer annual report

Full text of COBRA TRADING, INC.'s X-17A-5 filed 2026-04-06 (period 2025-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.

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{0}------------------------------------------------ Confidential UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden ## **ANNUAL REPORTS** SEC FILE NUMBER **FORM X-17A-5 8-65548 PART III** | hours per response: 12 | | | | | |------------------------|--|--|--|--| | | | | | | | | | | | | | | | | | | FACING PAGE Information Required Pursuant to Rules 17a-5,17a-12, and 18a-7 under the Securities Exchange Act of 1934 FILING FOR THE PERIOD BEGINNING **01/01/25** AND ENDING **12/31/25** MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION # NAME OF FIRM: **COBRA TRADING, INC.** TYPE OF REGISTRANT (check all applicable boxes): 0 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.) # **3008 E HEBRON PKWY, BLDG. 400** | | (No. and Street) | | | |---------------------------------------------------------|---------------------------------------------------------------------------|-----------------|--------------------------------------------| | CARROLLTON | TX | | 75010 | | (City) | (State) | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | CHADD<br>HESSING<br>972-491-7999<br>ch@cobratrading.com | | | | | (Name) | (Area Code-Telephone Number) | (Email Address) | | | | B. ACCOUNTANT IDENTIFICATION | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | | | | SANVILLE<br>&<br>COMPANY | | | | | | (Name - if individual, state last, first, and middle name) | | | | S.<br>ST.<br>ST.,<br>325<br>PAUL | STE<br>DALLAS<br>3100 | TX | 75201 | | (Address) | (City) | (State) | (Zip Code) | | 09/18/03 | | 169 | | | (Date of Registration with PCAOB)(if applicable) | | | (PCAOB Registration Number, if applicable) | | | FOR OFFICIAL 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 statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(e)(l)(ii), if applicable. **Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.** {1}------------------------------------------------ #### OATH OR AFFIRMATION | | I, chadph…

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