# PARX TRADING, LLC X-17A-5 (2025-03-04) — Broker-dealer annual report - Company: PARX TRADING, LLC - Form: X-17A-5 - Filed: 2025-03-04 - Period: 2024-12-31 - Accession: 0002004443-25-000003 - CIK: 2004443 - File #: 8-71199 - Type: Broker-dealer - Material weakness: No - Auditor: Baker Tilly US, LLP - Auditor location: New York, NY - Contact: Richard Marian - Phone: 6468080647 - Signed by: Ben Statz (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/2004443/000200444325000003/parxtradingllcfs2024final.pdf --- {0}------------------------------------------------ # Financial Statements and Supplemental Schedules Confidential Per Rule 17A-5(e)(3) From November 8, 2023 (inception) to December 31, 2024 {1}------------------------------------------------ # Financial Statements and Supplemental Schedules Confidential Per Rule 17A-5(e)(3) #### From November 8, 2023 (inception) to December 31, 2024 #### CONTENTS | | PAGE | | |-------------------------------------------------------------------------------------------------------------------------------------------------|--------|--| | Facing Page – Oath or Affirmation | 1 - 2 | | | Report of Independent Registered Public Accounting Firm | 3 - 4 | | | Statement of Financial Condition | 5 | | | Statement of Operations | 6 | | | Statement of Changes in Member's Equity | 7 | | | Statement of Cash Flows | 8 | | | Notes to Financial Statements | 9 - 13 | | | Supplementary Information: | | | | Schedule I - Computation of Net Capital Pursuant to Rule 15c3-1
of the Securities and Exchange Commission | 14 | | | Schedule II - Computation for Determination of the Reserve | 15 | | | Schedule III - Requirement and Information Relating to Possession
Or Control Requirements for Brokers and Dealers
Pursuant to Rule 15c3-3 | 16 | | | Supplementary Report: | | | | Report of Independent Registered Public Accounting Firm | 17 | | | Rule 15c3-3 Exemption Report | 18 | | {2}------------------------------------------------ | OMB APPROVAL | | |--------------------------|--| | OMB Number: 3235-0123 | | | Expires: Nov. 30, 2026 | | | Estimated average burden | | | hours per response: 12 | | | unis hel response. | |--------------------| | SEC FILE NUMBER | | 8-71199 | | | (No. and Street) | | | |---------------------------------------------------------------------------|------------------------------------------------------------|-----------------|--------------------------------------------| | New York | New York | | 10023 | | (City) | (State) | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | Jacqueline Sloan | 312-431-0014 | | Jackie @ Jackie SloanInc.com | | (Name) | (Area Code - Telephone Number) | (Email Address) | | | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | B. ACCOUNTANT IDENTIFICATION | | | | Baker Tilly US, LLP | (Name - if individual, state last, first, and middle name) | | | | 66 Hudson Blvd. E, Suite 2200 New York | | NY | 10001 | | | (City) | (State) | (Zip Code) | | 10/22/03 | | 23 | | | (Address)
(Date of Registration with PCAOB)(if applicable | | | (PCAOB Registration Number, if applicable) | {3}------------------------------------------------ | Ben Statz
swear (or affirm) that, to the best of my knowledge and belief, the | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | financial report pertaining to the firm of Parx Trading, LLC
as o
12/31 | | 2 024 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 solel
as that of a customer. | | | | | | Signature: | | | | Title:
EUCARYS S MARTINEZ
CEO | | Notary Public - State of New York | | NO. 01MA6348755
Qualified in Bronx County
ary copt | | My Commission Expires Oct 3, 2028 | | Ihis 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 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) 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 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. | | (1) 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 capible 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-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. | | ا (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,
as applicable. | | (y) Report describing any material inadequacies 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: (z) Other | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) # **Report of Independent Registered Public Accounting Firm** To the Directors and Members of ParX Trading, LLC #### **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of Parx Trading, LLC (the Company) as of December 31, 2024 and the related statements of operations, changes in member's equity, and cash flows for the period from November 8, 2023 (inception) to December 31, 2024, 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 the Company and the results of its operations and its cash flows for the for the period November 8, 2023 (inception) to December 31, 2024, in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company'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 the Company 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. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. Baker Tilly US, LLP is a licensed CPA firm that provides assurance services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms. {5}------------------------------------------------ #### **Supplementary Information** The Supplementary Schedule I - Computation of Net Capital Pursuant to Rule 15c3-1 of the Securities and Exchange Commission, Schedule II - Computation for the Determination of the Reserve, and Schedule III - Requirement and Information Relating to Possession or Control Requirements for Brokers and Dealers Pursuant to Rule 15c3-3 (collectively, the supplementary information) has been subjected to audit procedures performed in conjunction with the audit of Company's financial statements. The supplementary information is the responsibility of the Company's management. Our audit procedures included determining whether the supplementary 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 supplementary information. In forming our opinion on the supplementary information, we evaluated whether the supplementary information, including its form and content, is presented in conformity with 17 C.F.R. § 240.17a5. In our opinion, the supplementary information is fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as the Company's auditor since 2024. New York, NY March 3, 2025 {6}------------------------------------------------ ## Statement of Financial Condition # December 31, 2024 | ASSETS | | |---------------------------------------|-----------| | | \$ | | Cash and Cash Equivalents | 16,694 | | Receivables from Broker Dealer | 1,513,111 | | Other Assets | 18,250 | | | | | TOTAL ASSETS | 1,548,055 | | | | | LIABILITIES & MEMBER'S EQUITY | | | LIABILITIES | | | | \$ | | Accounts Payable and Accrued Expenses | 22,521 | | Due to Parent | 45,496 | | | | | TOTAL LIABILITIES | 68,017 | | MEMBERS EQUITY | | | Additional Paid in Capital | 1,600,000 | | Retained Earnings | (119,962) | | TOTAL MEMBER'S EQUITY | 1,480,038 | | TOTAL LIABILITIES & OWNERSHIP EQUITY | 1,548,055 | {7}------------------------------------------------ #### Statement of Operations #### From November 8, 2023 (inception) to December 31, 2024 | Income | | |----------------------|--------------| | Interest Income | \$
14,011 | | Total Income | 14,011 | | Expense | | | Regulatory | 10,587 | | Professional Fees | 72,777 | | Bank Service Charges | 424 | | Other | 50,185 | | Total Expense | 133,973 | | Net Loss | (119,962) | {8}------------------------------------------------ # Statement of Changes in Member's Equity # From November 8, 2023 (inception) to December 31, 2024 | | Additional
Paid-in-
Capital | Retained
Earnings | Total
Member's | |------------------------------|-----------------------------------|----------------------|-------------------| | | Amount | Amount | Equity | | Balance at November 8, 2023 | \$ - | \$- | \$ - | | Paid in from Parent | 1,600,000 | - | 1,600,000 | | Net Loss | - | (119,962) | (119,962) | | Balance at December 31, 2024 | \$1,600,000 | \$(119,962) | \$1,480,038 | {9}------------------------------------------------ #### Statement of Cash Flows ## From November 8, 2023 (inception) to December 31, 2024 | OPERATING ACTIVITIES | \$ | |--------------------------------------------------|-------------| | Net Loss | (119,962) | | Increase (Decrease) in net assets resulting from | | | operations: | | | Receivable from Broker Dealer | (1,513,111) | | Prepaid Expenses and deposits | (18,250) | | Due to Parent | 45,496 | | Account Payable and Accrued Expenses | 22,521 | | Net cash used in Operating Activities | (1,583,306) | | FINANCING ACTIVITIES | \$ | |------------------------------------------------|-----------| | Capital Contribution from Parent | 1,600,000 | | Net cash provided by Financing Activities | 1,600,000 | | Net cash and cash equivalent increase for year | 16,695 | | Cash and cash equivalent at beginning of year | 0 | | Cash and cash equivalent at end of year | 16,695 | {10}------------------------------------------------ #### Notes to Financial Statements #### From November 8, 2023 (inception) to December 31, 2024 #### NOTE 1 – ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES #### Description of Business ParX Trading, LLC. (the Company), a wholly owned subsidiary of Parhelion, Ltd. (the "Parent") - is a private limited liability company organized and existing under the laws of Delaware. The Company commended operations on November 8, 2023. The Company, having its registered office at 800 North State Street, Suite 304, Dover, DE, 19901, is a share trading company acts on its own account. The Company is registered as a brokerdealer with the Securities and Exchange Commission ("SEC) and is a member of the Chicago Board Options Exchange ("CBOE") and of the Securities Investor Protection Corporation ("SIPC"). The Company will perform proprietary trading of exchange listed securities. The Company does not refer to other broker-dealers and does not hold or maintain funds or securities or provide clearing services for other broker-dealers. Although the Company is not exempt from Rule 15c3-3, it does not transact business in securities with or for customers and it does not carry margin accounts, credit balances of securities for any person defined as a customer under Rule 17a-5(c)(4). The Company carries its trading accounts with a registered clearing partner. #### Summary Of Accounting Policies Accounting principles followed by the Company and the methods of applying those principles which materially affect the determination of financial position, results of operation and cash flows are summarized below: #### Basis of Accounting The financial statements of the Company have been prepared on the accrual basis of accounting and accordingly reflect all significant receivables, payables, and other liabilities. #### Cash and Cash Equivalents The Company maintains bank accounts at various financial institutions. Accounts at the banks are insured by the Federal Deposit Insurance Corporation ("FDIC"). At times, cash and cash equivalents may be uninsured or in deposit accounts that exceed the FDIC insurance limits. #### Estimates The accompanying financial statements are presented in accordance with accounting principles generally accepted in the United States (U.S. GAAP). The preparation of U.S. GAAP financial statements require management to make certain estimates and assumptions that affect the reported amounts and disclosures in the financial statements. Actual results could differ from those estimates. {11}------------------------------------------------ # Notes to Financial Statements # From November 8, 2023 (inception) to December 31, 2024 #### Taxes The Company is a limited liability company taxed as a partnership for income tax reporting purposes and as such, is not subject to income tax. Accordingly, no provision for income taxes is provided in the financial statements. #### Revenue Recognition Financial instruments are initially recognized in the balance sheet at cost and subsequently are remeasured at their fair value. Fair values are obtained from quoted market prices. Changes in the fair values are included in the income statement. Gains and losses are treated as realized for financial statement purposes on the trade date of the transaction closing or offsetting the open position. Unrealized gains and losses are the difference between the value recognized on the reporting date and cost of open positions. All gains and losses are recognized in the profit and loss account. Interest income is recognized on accrual basis. #### Non-Marketable Securities Non-marketable securities consist of equity investments in privately-held stock, which is classified as other assets. This non-marketable equity security does not have a readily determinable fair value and are not available to be liquidated under the Company's Clearing Agreement (See Note 6). The Company accounts for this nonmarketable security at cost which approximately estimated fair value. #### Current Expected Credit Losses (CECL) Accounting Policy for Receivables from Clearing Broker The Company adopted FASB ASC Topic 326 – "Financial Instruments – Credit Losses" ("ASC Topic 326) which replaces the incurred loss methodology with the current expected credit loss ("CECL") methodology. The guidance applies to financial assets measured at amortized cost, held-maturity debt securities and off-balance sheet credit exposures. For balance sheet assets, an allowance must be recognized at the origination or purchase of in-scope assets and represents the expected credit losses over the contractual life of those assets. Expected credit loss on off-balance sheet credit exposures must be estimated over the contractual period the Company is exposed to credit risk as a result of a present obligation to extend credit. The Company does not currently have any credit loss allowances, nor has there been any in the past. {12}------------------------------------------------ # Notes to Financial Statements # From November 8, 2023 (inception) to December 31, 2024 #### Receivables from Broker-Dealer In the normal course of business, substantially all of the Company's securities transactions, money balances, and security positions are transacted with the Company's broker, ABN AMRO. The Company is subject to credit risk to the extent that any broker with which it conducts business is unable to fulfill contractual obligations on its behalf. The Company's management monitors the financial condition of the broker and does not anticipate any losses from this counterpart. As of December 31, 2024, Receivables from Broker represents the balance held by the broker in the amount of \$1,513,111. Pursuant to the clearing agreements, the Company is obligated to maintain deposits in the aggregate amounts of \$1,500,000. #### NOTE 2 – NET CAPITAL REQUIREMENT Pursuant to the net capital provisions of Rule 15c3-3 of the Securities and Exchange Act of 1934, the Company is required to maintain a minimum net capital and requires that the ratio of aggregate indebtedness to net capital shall not exceed 8 to 1. At December 31, 2024, the Company had allowable net capital of \$1,456,775 which was \$1,356,775 in excess of its minimum required net capital of \$100,000. The percentage of aggregate indebtedness to net capital is 4.67%. #### NOTE 3 – SIGNIFICANT GROUP CONCENTRATION OF RISK As of the reporting date, the Company has not identified any concentration of credit risk that would require specific disclosure. The Company will continue to monitor its credit risk exposure and make appropriate disclosures if material changes occur in the future. #### NOTE 4 – COMMITMENTS, LITIGATION, AND INDEMNIFICATIONS In the normal course of business, the Company may be involved in litigation matters. The Company does not believe that any current litigation or other matters to which it is a party will have a material adverse effect on its financial position or results of operations. The company currently has no outstanding commitments or contingent liabilities. However, it has entered into an agreement to indemnify its clearing broker, ABN AMRO Clearing Chicago LLC for losses that the clearing brokers may sustain from institutional customer accounts introduced by the Company. {13}------------------------------------------------ # Notes to Financial Statements # From November 8, 2023 (inception) to December 31, 2024 #### NOTE 5 – GUARANTEES The Company has issued no guarantees. #### NOTE 6 – CLEARING AGREEMENT The Company has a Joint Back Office ("JBO") clearing agreement with ABN AMRO. This agreement allows JBO participants to receive favorable margin treatment compared to the full margin requirements of Regulation T. As part of this agreement, the Company has invested \$10,000 in Preferred shares of ABN AMRO, which are reflected under Other Assets on the Statement of Financial Condition. The agreement requires the Company to maintain a minimum net liquidity equity of \$1 million with ABN AMRO. #### NOTE 7 – REPORTABLE SEGEMENTS The Company has one operating segment which is managed on a consolidated basis, therefore the segment measure of profit required to be disclosed is the net loss in the Financial Statements. The Company trades exchange listed securities for its own account. The chief operating decision maker uses net trading revenue to evaluate income generated from segment assets to decide how to utilize profits made. Net income(loss) is used to calculate the return on equity for the segments. The accounting policies are the same as those described in the summary of significant accounting policies. The measure of segment assets is reported on the Statement of Financial Condition as total assets. The Company's chief operating decision maker is the Chief Executive Officer. #### NOTE 8 – RELATED PARTIES From November 8, 2023 (inception) to December 31, 2024 the Company received funding of \$1,600,000 from Parhelion, Ltd., which is the Company's parent. {14}------------------------------------------------ # Notes to Financial Statements # From November 8, 2023 (inception) to December 31, 2024 The Company has two expense sharing agreements with Parhelion, Ltd. Parhelion, Ltd. started providing services under these agreements as of September 1, 2024. Under the "IT Services Agreement", the Company is to pay Parhelion, Ltd. \$6,374 per month for IT Services provided by Parhelion, Ltd. Under the "Expense Sharing Agreement", the Company is to pay Parhelion, Ltd. \$5,000 per month for various services provided by Parhelion, Ltd. Both expense sharing agreements are intended to approximate amounts that would be equivalent to external market rates for the same services; but amounts could differ if the Company engaged these services from unrelated parties. The total expense under these agreements in 2024 was \$45,496, which is included in "Other" expense on the statement of operations. As of December 31, 2024, \$45,496 remains payable. This amount is due on demand and non-interest bearing. #### NOTE 9 – SUBSEQUENT EVENTS Management has evaluated events subsequent to the balance sheet date for items requiring recording or disclosure in the financial statements as of March 3, 2025. Based upon this review, the Company has determined that there were no events which took place that would have a material impact on its financial statements. {15}------------------------------------------------ # ParX Trading, LLC. Supplementary Schedules Pursuant to SEA Rule 17a-5 Of the Securities and Exchange Act of 1934 From November 8, 2023 (inception) to December 31, 2024 | Net Capital | | |------------------------------------------------------------------------------------------------------------------------------------------|---------------------------| | Member's Equity | \$
1,480,038 | | Non-Allowable Assets
FINRA FLEX Funding ( included in Cash and Cash Equivalents)
Other Assets
Total Non-Allowable Assets | 5,013
18,250
23,263 | | Net Capital | 1,456,775 | | Aggregate Indebtedness
Accounts Payable and Accrued Expenses
Total Aggregate Indebtedness of Accounts Payable and Accrued Expenses | 68,017
68,017 | | Computation of Basic Net Capital Requirement | | | (a)
Minimum Net Capital Required (12.5% of Total A.I)
(b)
Minimum Net Capital Requirement of Broker-Dealer | 8,502
100,000 | | Net Capital Requirement (Greater of (a) or (b) | 100,000 | | Excess Net Capital | 1,356,775 | | Percentage of Aggregate Indebtedness to Net Capital | 4.67% | There are no material differences between the preceding computation and the Company's corresponding amended unaudited Part II of Form X- I 7A-5 as of December 31, 2024. {16}------------------------------------------------ # Supplementary Schedules Pursuant to SEA Rule 17a-5 Of the Securities and Exchange Act of 1934 From November 8, 2023 (inception) to December 31, 2024 Schedule II Computation for Determination of Reserve Requirements Under Rule 15c3-3 The Company is exempt from the provisions of Rule 15c3-3 under the Securities Exchange Act of 1934, pursuant to paragraph (k)(1) of the Rule and does not hold customers' monies or securities. {17}------------------------------------------------ # ParX Trading, LLC. Supplementary Schedules Pursuant to SEA Rule 17a-5 Of the Securities and Exchange Act of 1934 From November 8, 2023 (inception) to December 31, 2024 Schedule III Information Relating to Possession or Control Requirements Under Rule 15c3-3 The Company is exempt from the provisions of Rule 15c3-3 under the Securities Exchange Act of 1934, pursuant to paragraph (k)(1) of the Rule and does not hold customers' monies or securities. {18}------------------------------------------------ ![](_page_18_Picture_0.jpeg) ## **Report of Independent Registered Public Accounting Firm** To the Member of ParX Trading, LLC We have reviewed management's statements, included in the accompanying Supplementary Schedules Pursuant to SEA Rule 17a-5 of the Securities and Exchange Act of 1934, in which (1) ParX Trading, LLC (the Company) stated that the Company does not claim exemption under paragraph (k) of 17 C.F.R. §240.15c3-3 and (2) ParX Trading, LLC stated that the Company is filing its Exemption Report relying on Footnote 74 of the SEC Release No 34-70073 adopting amendments to 17 C.F.R. §240.17a-5 because the Company limits its business activities exclusively to proprietary trading and ParX Trading, LLC (i) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers; (ii) did not carry accounts of or for customers; and (iii) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the year ended December 31, 2024 without exception. ParX Trading, 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 the Company'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 conditions set forth in paragraph (k) of Rule 15c3-3 under the Securities Exchange Act of 1934. New York, New York March 3, 2025 {19}------------------------------------------------ # ParX Trading, LLC. Supplementary Schedules Pursuant to SEA Rule 17a-5 Of the Securities and Exchange Act of 1934 From November 8, 2023 (inception) to December 31, 2024 ParX Trading, LLC. (the Company) is a registered broker-dealer subject to Rule 17a-5 promulgated by the This Exemption Report was prepared as required by 17 C.F.R. 240.I 7a-5(d)(1) and (4). To the best of its Securities and Exchange Commission (17 C.F.R. 240.17a-5, "Reports to be made by certain broker-dealers"). knowledge and belief, the Company states the following: ParX Trading, LLC. does not claim an exemption under paragraph (k) of 17 C.F.R. 240. 15c3-3; however, The Company can file an Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R 240.17a-5 because the Company limits its business activities exclusively to proprietary trading and ParX Trading, LLC (i) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers; (ii) did not carry accounts of or for customers; and (iii) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the year ended December 31, 2024 without exception. Therefore, no Computation for Determination of Reserve Requirements or Information for Possession or Control under that rule have been provided. The Company does not transact a business in securities with, or for, other than members of a national securities exchange and does not carry margin amounts, credit balances or securities for any person defined as a "customer" pursuant to Rule 17-a5(c)(4). I, Ben Statz, SWEAR THAT TO THE BEST OF OUR KNOWLEDGE AND BELIEF, THIS Exemption Report is true and Accordingly, there are no amounts reportable under these sections. correct. \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Authorized Signature Name: Ben Statz Title: CEO Date: Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.