Full text of ALPHA TRADING L.P.'s X-17A-5 filed 2021-02-23 (period 2020-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ FINANCIAL STATEMENTS AND REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM DECEMBER 31, 2020 {1}------------------------------------------------ ### CONTENTS | Report of Independent Registered Public Accounting Firm | | | |---------------------------------------------------------|-----|--| | Financial Statement | | | | Statement of Financial Condition | 2 | | | Notes to Financial Statements | 3-6 | | {2}------------------------------------------------ #### STATEMENT OF FINANCIAL CONDITION | Alpha Trading L.P. | | |-----------------------------------------|-----------------| | STATEMENT OF FINANCIAL CONDITION | | | December 31, 2020 | | | ASSETS | | | Current assets | | | Cash | \lt;br>776,413 | | Due from clearing broker | 2,850,767 | | Rebates receivables | 113,912 | | Prepaid expenses and other assets | 1,215 | | Total current assets | 3,742,307 | | Property and Equipment, net | 2,766 | | Total assets | \lt;br>3,745,073 | | LIABILITIES AND PARTNERS' CAPITAL | | | Liabilities | | | Accounts payable and accrued expenses | \lt;br>33,791 | | Trading payables | 109,539 | | Total liabilities | 143,330 | | Partners' capital | 3,601,743 | | Total liabilities and partners' capital | \lt;br>3,745,073 | {3}------------------------------------------------ ### NOTES TO FINANCIAL STATEMENTS #### 1. Nature of Business, Business Risk Factors and Management's Plans Regarding Future Operations Alpha Trading L.P. (the "Partnership") is a limited partnership organized under the laws of the state of Delaware on May 31, 2017(inception). The Partnership is a registered broker-dealer with the Securities and Exchange Commission ("SEC") and its designated examining authority is the NYSE Chicago, Inc, ("NYSE"). The Partnership was formed for the purpose of engaging in proprietary investment, trading and market making and trades exclusively with other brokers and dealers on securities exchanges and other regulated markets. The Partnership commenced its trading operations in October 2017. In October 2017, the Partnership registered with the BATS Exchange and began operating as a market maker. Further, the Partnership began clearing its trading activities through ABN AMRO Clearing Chicago, LLC ("AACC"). The Partnership has entered into a joint back office ("JBO") with AACC and filed a Notice Pursuant to SEC Rule 15c3- 1(a)(6). Concurrently, in June 2020, the Partnership ended its JBO relationship and is no longer clearing its trad…Read the full text as markdown