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Graham Capital Management, L.P. (“Graham”) is an alternative investment manager registered with the U.S. Securities and Exchange Commission (“SEC”) and the National Futures Association (“NFA”); however, neither the SEC nor the NFA have reviewed the content on this website and registration with the SEC and the NFA does not constitute their endorsement or approval of Graham and its services. Content we share on social media platforms, including LinkedIn, X, YouTube, Instagram, and Facebook is intended solely for informational purposes and should not be viewed as investment advice or a solicitation for investment advisory service.

Graham Capital Management, L.P. (“Graham”) is an alternative investment manager registered with the U.S. Securities and Exchange Commission (“SEC”) and the National Futures Association (“NFA”); however, neither the SEC nor the NFA have reviewed the content on this website and registration with the SEC and the NFA does not constitute their endorsement or approval of Graham and its services. Content we share on social media platforms, including LinkedIn, X, YouTube, Instagram, and Facebook is intended solely for informational purposes should not be viewed as investment advice or a solicitation for investment advisory service.

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From time to time, Graham may share links to third-party websites or resources we believe are trustworthy. However, Graham does not endorse, verify, or guarantee the accuracy of the information on these external sites. We encourage users to exercise their discretion when visiting third-party content, as Graham is not liable for any loss, damages, or inaccuracies arising from their use.

Community Guidelines

We strive to maintain a professional and respectful space on our social media channels and as such, comments containing political, discriminatory, or profane language will not be accepted. We ask users to refrain from posting promotional material, testimonials, or recommendations about specific investment products or services. For your privacy and security, please avoid sharing personal, confidential, or account information in public comments. Graham may moderate third-party comments to ensure they align with these community guidelines. Third-party comments are attributable solely to the contributors and do not reflect Graham’s endorsement or opinion.

Liability Disclaimer

Graham is not affiliated with any social media platform and is not responsible for its operations or any service issues. We do not take responsibility for the accuracy, reliability, or continuity of information shared on social media channels or third-party websites, except for information directly posted by Graham Capital Management. Use of these platforms is at your own risk.

Privacy Policy

Graham is not responsible for the privacy practices or terms of use of any social media platform on which our posts may appear. For information on our privacy practices, please review Graham’s Privacy Policy on our website.

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By using this Site, you acknowledge and accept these terms. If you do not agree, please exit the Site. For more information, email us at [email protected] or visit our website at www.grahamcapital.com.

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Welcome to Graham Capital Management

By entering this website you are agreeing to its Terms of Use.

The risk of loss in trading commodities can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.

In some cases, managed commodity accounts are subject to substantial charges for management and advisory fees. It may be necessary for those accounts that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. The disclosure document contains a complete description of the principal risk factors and each fee to be charged to your account by the commodity trading advisor (“CTA”). The regulations of the commodity futures trading commission (“CFTC”) require that prospective clients of a CTA receive a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct or guide the client’s commodity interest trading and that certain risk factors be highlighted. This brief statement cannot disclose all of the risks and other significant aspects of the commodity markets. Therefore, eligible investors should carefully study the disclosure document to determine whether such trading is appropriate for you in light of your financial condition. Eligible investors are encouraged to access the disclosure document by contacting Graham, which will be provided  at no additional cost. The CFTC has not passed upon the merits of participating in this trading program nor on the adequacy or accuracy of the disclosure document. Other disclosure statements are required to be provided to you before a commodity account may be opened for you.  By accepting the terms of this statement and entering the site you are confirming your understanding of this statement.

Any “benefit plan investor” (e.g. An IRA or other ERISA investor) investor is hereby deemed to represent to Graham Capital Management (“Graham”) that an independent fiduciary (as defined in the ERISA fiduciary rule) is exercising its independent judgment with regard to such investor’s investment in any Graham managed fund and is aware of and acknowledges and agrees that Graham and its affiliates are relying on the exception set forth in clause (c)(1) of the ERISA fiduciary rule (i.e., the “transactions with independent fiduciaries with financial expertise” exception) with respect to any communications made to the investor or the investor’s fiduciary that are considered recommendations concerning any transaction and such benefit plan investor.

Although the site may include investment-related information, nothing on the site is a recommendation that you purchase, sell or hold any security or other investment, or that you pursue any investment style or strategy.

We do not give any advice or make any representations through the site as to whether any investment is suitable to you or will be profitable.

Nothing on the site is intended to be, and you should not consider anything on the site to be, investment, accounting, tax or legal advice. If you would like investment, accounting, tax or legal advice, you should consult with your own financial advisors, accountants or attorneys regarding your individual circumstances and needs.

The past performance of any investment, investment strategy or investment style is not indicative of future performance.

If you have been provided with a password to access the site you are solely responsible for maintaining the confidentiality and security of your password. You may not disclose your password to any third party. You accept full responsibility for any use of your password. You must notify Graham immediately of any actual or suspected loss, theft or unauthorized use of your password.

We are not obligated to inquire as to the authority or propriety of any use of or action taken under your password. We will not be responsible for any loss to you that arises from such use or action or from your failure to comply with these provisions.

The site, including all content, is provided as is and as available.

We disclaim all representations and warranties, express or implied, of any kind with respect to the site and the content including warranties of merchantability, fitness for a particular purpose and non-infringement of intellectual property and proprietary rights.

Without limiting our general disclaimer, we do not warrant the availability, accuracy, completeness, timeliness, functionality, reliability, sequencing or speed of delivery of the site or the content.