Arx Asset Management, LLC

Arx Asset Management, LLC is a Commodity Trading Advisor, registered with the CFTC and the NFA since February 16, 2012. Kenneth A. Brown brings over 18 years of experience in the securities industry to the firm. Mr. Brown began his trading career on the Philadelphia Stock Exchange with the Timber Hill Company in 1994, upon graduating from Lehigh University with a BS in Mathematics. In September 1997, he formed Urbro, LP, an options market making firm and specialized in index options trading. In January 2004, Mr. Brown became a member of the New York Mercantile Exchange where he traded crude oil options as a market maker. In August 2004, Mr. Brown formed Brown Asset Management, LLC, a CTA and CPO, where he served as CEO and Chief Investment Manager, with assets totaling over 17 million dollars. As of February 2012, Mr. Brown has been a Principal and Managing Partner of Arx Asset Management, LLC. Mr. Brown brings an extensive technical trading and proven money management background to Arx. Jason J. Mather has been in the securities industry since graduating from the University of Pennsylvania with a BS in Economics in 2000, when he became a member of the Philadelphia Stock Exchange and joined Urbro, LP as the head options trader of the technology sector. In 2004, Mr. Mather became a member of the New York Mercantile Exchange, COMEX Division, trading metal futures and options. Mr. Mather has also been a member of the New York Board of Trade, Intercontinental Exchange, FINEX, and CBOE, where he gained experience in soft commodities and financials. In February 2012, Mr. Mather became a Principal and Managing Partner at Arx Asset Management, LLC. Along with a strong fundamental trading background, Mr. Mather brings an extensive mathematical and programming aspect to the firm.