# ZYTRADE LLC X-17A-5 (2026-04-09) — Broker-dealer annual report - Company: ZYTRADE LLC - Form: X-17A-5 - Filed: 2026-04-09 - Period: 2025-12-31 - Accession: 0001615360-26-000003 - CIK: 1615360 - File #: 8-69511 - Type: Broker-dealer - Material weakness: No - Auditor: Coglianese, Michael - Auditor location: Lincolnshire, IL - Contact: Devin Brady - Phone: 888-240-7099 - Email: dbrady@halifaxamerica.com - Website: halifaxamerica.com - Signed by: Devin Brady (President) Original filing: https://www.sec.gov/Archives/edgar/data/1615360/000161536026000003/halifaxllc25.pdf --- {0}------------------------------------------------ \* Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supported bya statement of facts and circumstances relied on as the basis of the exemption. See 17 FOR OFFICIAL USE ONLY (Date of Registration with PCAOB)(if applicable) (PCAOB Registration Number, if applicable) 10/20/2009 3874 (Address) (City) (State) (Zip Code) 300 Tri State International #180 Lincolnshire IL 60069 (Name -if individual, state last, first, and middle name) Michael Coglianese CPAPC INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* ne) res Codo-Tolonbope Mumber (Fmail Address) Dеvin Rrodu 818.028\_3108 dbrady@halifaxamerica.com PERSON TO CONTACT WITH REGARD TO THIS FILING (City) (State) (Zip Code) Sherman Oaks CA 91411 (No. and Street) 5900 Sepulveda Blvd #304 ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) Check here if respondent is also an OTC derivatives dealer Broker-dealer Security-based swap dealer Major security-based swap participant TYPE OF REGISTRANT (check all applicable boxes): NAME OF FIRM: Halifax America LLC A. REGISTRANT IDENTIFICATION MM/DD/YY MM/DD/YY ELUNG FOR THE PERIOD BEGINNING 1/01/2025 AND ENDING 12/31/2025 Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 FACING PAGE RM X-1 8-69511 SEC FILE NUMBER nours per response: Washington, D.C. 20549 Expires Estimated average burden UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0123 Esirr OMB ARPROVAI Persons who are to respond displays a currently valid OMB control number. CFR 240.17a-5(e)(1)(ii), if applicable. his form are not required to resnond unless the form {1}------------------------------------------------ #### OATH OR AFFIRMATION | 1 Devin Bradv | swear (or affirm) that, to the best of my knowledge and belief, the | |----------------------------------------------------------------|---------------------------------------------------------------------| | financial report pertaining to the firm of Halifax America LLC | as of | 12/31 2 025 is true and correct. I further swear (or affirm) that neither the company nor any partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer. | Signature: | | |---------------------|--| | Title:
President | | #### This filing \*\* contains (check all applicable boxes): - (a) Statement of financial condition. - [ (b) Notes to consolidated statement of financial condition. - (c) Statement of income (loss) or, if the 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) Statement of cash flows. - (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - [f) Statement of changes in liabilities subordinated to claims of creditors. - (g) Notes to consolidated financial statements. - (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - [i] Computation of tangible net worth under 17 CFR 240.18a-2. - (j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - [ (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. - (I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - [n] Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable. - (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 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist. - [p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - (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. - [r] Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (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 examination of the financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - [v] Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - [w] Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.17a-12, 门 as applicable. - [ (y) Report describing any material inadlequacies found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). - (z) Other: \*\* To request confidential treatment of this filing, see 17 CFR 240.170-5(e)(3) or 17 CFR 240.180-7(d)(2), as applicable. {2}------------------------------------------------ Halifax America, LLC Audited Financial Statements and Supplemental Information December 31, 2025 # Table of Contents | Report of Independent Registered
Public Accounting Firm | 1 | |-------------------------------------------------------------------------------------------------------------------------------|-----| | Statement of Financial Condition | 2 | | Statement of Operations | 3 | | Statement of Changes in Members Equity | 4 | | Statement of Cash Flows | 5 | | Notes to the Financial Statements | 6-9 | | Independent Auditor's Report on Internal Control | 10 | | Schedule I, Computation of Net Capital | 11 | | Computation for Determination of Reserve Requirements
under Rule 15c3-3 of the Securities and Exchange Commission | 12 | | Information Relating to the Possession or Control Requirements
under Rule 15c3-3 of the Securities and Exchange Commission | 13 | | Management's Attestation on k(2)(ii) Exemption | 14 | | Report of Independent Registered Public Accounting Firm- Exemption Renort | 15 | {3}------------------------------------------------ ![](_page_3_Picture_0.jpeg) MICHAEL COGLIANESE CPA, P.C. ALTERNATIVE INVESTMENT ACCOUNTANTS ### Report of Independent Registered Public Accounting Firm To the Members and Board of Directors of Halifax America, LLC We have reviewed managements statements, included in the accompanying Exemption Report, in which (1) Halifax America, LLC identified the following provisions of 17 C.F.R. §15c3-3(k) under which Halifax America, LLC claimed an exemption from 17 C.F.R. §240.15c3-3: (k)(2)(ii) (exemption provisions) and (2) Halifax America, LLC stated that Halifax America, LLC met the identified exemption provisions throughout the most recent fiscal year without exception. Halifax America, LLC's management is responsible for compliance with the exemption provisions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about Halifax America, LLC's compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in paragraph (k)(2)(ii) (exemption provisions) of Rule 15c3-3 under the Securities Exchange Act of 1934. Lincolnshire, IL March 26, 2026 {4}------------------------------------------------ Halifax America LLC Statement of Financial Condition As of December 31, 2025 | ASSETS | | | |-------------------------------------|-------------------------------------|----------| | Cash | | \$1,437 | | Commission Receivable | | \$31,163 | | Security Deposit | | \$7,797 | | Intangible Asset, Net | | \$29,428 | | | | | | | | | | | TOTAL ASSETS | \$69,825 | | | | | | LIABILITIES & MEMBERS' EQUITY | | | | Liabilities | | | | Accounts payable & accrued expenses | | \$11,462 | | | | | | Total Liabilities | | \$11,462 | | | | | | | | | | | Total Members' Equity | \$58,363 | | | Total Liabilities & Members' Equity | \$69,825 | | | | | {5}------------------------------------------------ Halifax America, LLC Statement of Operations for the | Commission revenues
Interest Income | \$387,583
\$66.359 | |---------------------------------------------------------------------------------------------------|-----------------------------------------------| | Total Revenue | \$453,942 | | General and Administrative expenses: | | | Business Licenses and Permits
Salaries Expense
Accounting Expense
Administration Expense | \$10,925
\$392,517
\$16,200
\$48,772 | | Total general and administrative Expenses | \$468.414 | Net Loss (\$14,472) {6}------------------------------------------------ # Halifax America, LLC Statement of Changes in Member's Equity For the year Ended December 31, 2025 | | Members'
Equity | Retained
Deficit | Total | |------------------------------|--------------------|---------------------|----------| | Balance at December 31, 2024 | \$466,765 | (\$393,930) | \$72.835 | | Net Member's contributions | \$0 | | \$0 | | Net Member's withdrawals | \$0 | | \$0 | | Net Loss | | (\$14,472) | ક્ષ્ | | Balance of December 31, 2025 | \$466,765 | (\$408,402) | \$58,363 | {7}------------------------------------------------ # Halifax America, LLC Statement of Cash Flows For the year Ended December 31, 2025 | Operating Activities: | | | |--------------------------------------------------------------------------------------------------------------------|--|-----------------------| | Net Loss | | (\$14.472) | | Adjustments to reconcile net income not requiring
the use of cash: | | | | Depreciation and amortization expense | | \$4.464 | | Changes in other operating assets and liabilities:
Commission receivable
Accounts payable & accrued expenses | | \$13,667
(\$4,852) | | Net Cash used in Operations | | (\$1.193) | | Financing Activities | | \$0 | | Net Increase in cash during the year | | ಕಿ | | Cash balance at December 31,2024 | | \$2,630 | | Cash balance at December 31, 2025 | | \$1.437 | | Supplemental disclosures of cash flow information: | | | | Interest paid during year | | \$0 | | Income taxes paid during the year | | \$0 | {8}------------------------------------------------ # Halifax America, LLC Notes to the Financial Statements For the Year Ended December 31, 2025 #### 1. Organization of the Company and Nature of Operations Halifax America, LLC (the Company) is organized under the International Business Companies Act in Seychelles. The Company was formed in June 2011 for the purpose of conducting business as an introducing broker (IB) and a securities broker (BD). The firm is no longer registered to do business as an Introducing broker (IB) with the NFA. As a BD, the Company is registered with the SEC and is a member with the Financial Industry Regulatory Authority (FINRA) authorized to market investments in securities and other financial instruments. #### 2. Summary of Significant Accounting Policies Use of Estimates- The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make reasonable estimates and assumptions that affect the reported amounts of the assets and liabilities and disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses at the date of the financial statements and for the period they include. Actual results may differ from these estimates. Revenue Recognition- The Company acts as an agent by selling securities to its customers and collecting commissions. The Company recognizes commissions on a trade date basis, which is the day the transaction is executed. The Company believes that the performance obligation is satisfied on the trade date because that is when the security is selected, the price is determined, trade is executed, and the risks and rewards of ownership have been transferred to/from the customer. The Company offers no warranty, guarantee or refunds. The Company utilizes a five-step model to a) identify the contract(s) with a customer, (b) identify the performance obligations in the contract, (c) determine the transaction price, (d) allocate the transaction price to the performance obligations in the contract and (e) recognize revenue when the entity satisfies the performance obligation. Income taxes- The Company has elected to be taxed as a Partnership under the Internal Revenue Service Code. Accordingly, under such an election, the Company's taxable income is reported by the individual members and therefore, no provision for federal income taxes has been included in these financial statements. #### 3. Commissions Receivables {9}------------------------------------------------ Commission receivable represents amounts due from customers, clearing brokers, and other counterparties for brokerage and related services performed by the Company. These receivables are generally short-term in nature and are recorded at the invoiced amount. Commission receivables are typically settled within a short period, generally within 30 days, and arise from transactions executed on benalf of clients in the normal course of business. Accordingly, no allowance for credit losses has been recorded as of the balance sheet date. The Company will record an allowance in future periods if conditions indicate that a receivable may not be fully collectible. ### 4. Fair Value of Financial Instruments Fair Value Measurements under generally accepted accounting principles clarifies the principle that fair value should be based on the assumptions market participants would use when pricing an asset or liability and establishes a fair value hierarchy that prioritizes the information used to develop those assumptions. Under the standard, fair Value measurements are separately disclosed by level within the fair value hierarchy as follows. Level I - Quoted prices in active markets for identical assets or liabilities. Level 2 - Observable inputs other than Level I prices such as quoted prices for similar assets or liabilities; quoted prices in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which all significant inputs are observable or can be derived principally from or corroborated by observable market data for substantially the full term of assets and liabilities. Level 3 - Unobservable inputs to the valuation methodology that are significant to the measurement of fair value of assets or liabilities. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement is disclosed and is determined based on the lowest level input that is significant to the fair value measurement. The value of cash, commission receivables, and accounts payables and accrued expenses are estimated to approximate fair market value on December 31, 2025 because of their short-term nature. #### 5. Off Balance Sheet Risk The Company executes various transactions for the benefit of customers through the clearing firm Interactive Brokers. This business activity subjects the Company to certain off - balance sheet risk, which may be in excess of the liabilities reported in the balance sheet. These transactions are contracted on a margin basis whereby the customer is required to maintain {10}------------------------------------------------ minimum margin with the clearing firm Interactive Brokers. In the event that a customer is in default of an obligation to the clearing firm Interactive Brokers, the clearing firm will require the Company to fulfill the obligation on behalf of its customer. This exposes the company to credit risk. The Company seeks to control this risk by monitoring the transactions of customer accounts on a real-time basis. The Company has the authority to liquidate customer positions at its discretion in order to ensure the account does not expose the Company to unacceptable level of credit risk. #### 6. Net Capital Requirements As a broker dealer, the company is also subject to the Securities and Exchange Commission Uniform Net Capital Rule (Sec Rule 15c 3-1) which requires the Company to maintain a minimum net capital equal to the greater of \$5,000 or 6.67% of aggregate indebtedness. As of December 31, 2025 the Company had a net capital of \$21,139 which exceeded the minimum net capital requirement by \$16,139. The company does not currently have any commitments or contingencies that would affect this net capital calculation for 2025. #### 7. Subsequent Events The Company has made a review of its material subsequent events from December 31, 2025 through the date of this report and found no material subsequent events reportable during this period. #### 8. Intangible Assets Intangible assets consist of a book of business that was purchased in 2017. The amount was recorded at cost and amortized over its useful life of 15 years. There are Net Intangible Assets in the amount of \$29,428 for the year ending December 31,2025. The Amortization expense for the year ending December 31, 2025 was \$4,464. Management analyzes intangible assets for impairment on an annual basis or when factors arise that may indicate possible impairment. Management has noted no impairment as of December 31, 2025. #### 9. Commitments, Guarantees, and Contingencies Management of the Company believes there are no commitments, guarantees or contingencies that may result in a material loss or future obligations as of December 31,2025. #### 10. Reporting Segment Footnote The Company is engaged in a single line of business as a securities broker-dealer, which is comprised of several classes of services, including broker or dealer retailing corporate equity securities over the counter, mutual fund retailer, non-exchange member arranging for transactions in listed securities by exchange member, and put and call broker or dealer or option writer. The Company has identified its President/CEO Devin Brady as the chief operating {11}------------------------------------------------ decision making ("CODM") who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODM uses excess net capital (see Note 5), which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy. 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. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant policies. The Company did not derive a significant percentage of its total revenue from a single external customer in 2025. #### 11. Related Party Expense Sharing Halifax America has an expense sharing agreement with related party Zytrade LLC. Some notable expenses that are paid by Zytrade are rent, partial employee expenses, and utilities. The Expense sharing agreement clearly states Zytrade LLC will not hold Halifax America LLC liable for any expenses in the past or the future. Both entities have adequate resources to operate independently while absorbing the increase in expense without any adverse effect to normal business operations or capitalization. {12}------------------------------------------------ ## Schedule I Computation of Net Capital under Rule 15c3-1 of the Securities and Exchange Commission, and Reconciliation of Computation of Net Capital Pursuant to Rule 15c3-1 | Members' equity | \$58.364 | |---------------------------------------------------------------------------|------------| | Deductions: | | | Non-allowable assets: | | | Security deposit | \$(7,797) | | Intangible Asset- net | \$(29,428) | | Net Capital | \$21,139 | | Less Haircuts | 0 | | ADJUSTED NET CAPITAL | \$21,139 | | Minimum requirements of 6-2/3% of aggregate indebtedness, \$5,000 per non | | | Non carrying Broker Dealer | \$5,000 | | Excess Net Capital | \$16,139 | | Aggregate Indebtedness: | \$11,461 | | Aggregate Indebtedness to Net Capital | 54% | | Excess net capital per this report | \$16,139 | There are no material differences between the amounts presented above and the amounts presented in the Company's December 31,2025 unaudited FOCUS Part IIA Report as filled. \*\*\*the highlighted below only needed if there are reconciling items - otherwise use statement above Reconciliation with Company's Net Capital Computation (included in Part 11 of Form X-17A-5) | Net Capital as reported in Company's Part II of Form X-17A-5 | \$16.139 | |--------------------------------------------------------------|----------| | as of December 31,2025 | | No Reconciling item Net Capital per above computation \$16,139 {13}------------------------------------------------ # Computation of Determination of Reserve Requirements under Rule 15c3-1 of the Securities and Exchange Commission The Company is exempt from the provisions of rule 15c3-3 under the Securities and Exchange Act of 1934 pursuant to paragraph(k)(2)(ii) of the rule. The Company does not hold funds or securities for customers, nor owe money or securities to customers. {14}------------------------------------------------ # Information Relating to the Possession or Control Requirements under Rule 15c-3-3 of the Securities and Exchange Commission The Company is exempt from the provisions of Rule 15c3-3 under the Securities and Exchange Act of 1934 pursuant to paragraph (k)(2)(ii) of the rule. The Company did not maintain possession or control of any customer funds or securities. {15}------------------------------------------------ ## Halifax America, LLC 5900 Sepulveda Blvd Suite 304 Sherman Oaks, CA 91411 December 31, 2025 ## Rule 15c3-3 Exemption Report This is to certify that, to the best of my knowledge and belief: Halifax America LLC, is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. section 240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R Section 240.17a-5(d)(1) and (4). To the best of its knowledge and belief Halifax America LLC. states the following: Halifax America LLC claimed an exemption under provision 17 C.F.R. section 240. 15c3- 3 (k)(2)(ii) as the company is a non-carrying broker-dealer which promptly transmits all funds and delivers all securities received in connection with its activities as a broker-dealer, and does not otherwise hold funds or securities for, or owe money or securities to customers. Halifax America LLC met the identified provision throughout the most recent fiscal year without exceptions. Thank Your Devin Brady CEO/ Managing Member {16}------------------------------------------------ ![](_page_16_Picture_0.jpeg) MICHAEL COGLIANESE CPA, P.C. ALTERNATIVE INVESTMENT ACCOUNTANTS ## Report of Independent Registered Public Accounting Firm To the Members and Board of Directors and Shareholders of Halifax America, LLC ### Opinion on the Financial Statements We have audited the accompanying statement of financial condition of Halifax America, LLC as of December 31, 2025, the related statements of operations, changes in members' equity, and cash flows for the year then ended, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of Halifax America, LLC 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 These financial statements are the responsibility of Halifax America, LLC's management. Our responsibility is to express an opinion on Halifax America, LLC's financial statements 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 Halifax America, LLC in accordance with the U.S. federal securities laws and the 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 statements, 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 statements. 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 statements. We believe that our audit provides a reasonable basis for our opinion. #### Supplemental Information The supplemental information listed in the accompanying table of contents has been subjected to audit procedures performed in conjunction with the audit of Halifax America, LLC's financial statements. The supplemental information is the responsibility of Halifax America, LLC's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. \$240.17a-5. In our opinion, the supplemental information listed in the accompanying table of is fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as Halifax America, LLC's auditor since 2017. Lincolnshire, IL March 26, 2026 Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.