Filed pursuant to Rule 424(b)(3)

Registration Statement No. 333-146177

RJO Global Trust

sponsored by

RJO Fund Management, LLC

Account Statement

	For Month Ended
	October 31, 2010
	UNAUDITED
Statement of Income	Month			Year to Date
	(A Units)			(A Units)
Trading Income (Loss)
Realized Trading Income (Loss)	$	924,170		$	1,271,188
Change in Unrealized Income (Loss)		500,190			1,482,563
Foreign Currency Transaction Income (Loss)		(138,814	)		684,903
Net Trading Income (Loss)		1,285,546			3,438,654
Other Income
Interest Income		8,366			50,056
Total Income (Loss)		8,366			50,056
Expenses
Advisory Incentive Fees		65,298			65,455
Management Fees		80,872			764,958
Organization and Offering Expenses		9,736			58,629
Administrative Expenses		36,024			796,596
Brokerage Expenses		201,279			1,914,891
Total Expenses		393,209			3,600,529
Net Income (Loss)	$	900,703		$	(111,819	)
Statement of Changes in Net Asset Value
Beginning Balance		53,489,650			57,912,179
Additions		179,800			5,089,343
Net Income (Loss)		900,703			(111,819	)
Transfers from Class A to Class B		-			(65,443	)
Redemptions		(727,745	)		(8,981,852	)
Balance at October 31, 2010	$	53,842,408		$	53,842,408
Total Units Held at End of the Period					525,264
Net Asset Value Per Unit				$	102.51
Rate of Return		1.69	%		-0.32	%

To the best of my knowledge and belief, the information

contained herein is accurate and complete

/s/Annette A. Cazenave

Executive Vice President, R.J. O'Brien Fund Management, LLC

Managing Owner, RJO Global Trust

NOT FOR USE AFTER January 31, 2011

R.J. O’Brien Fund Management, LLC

222 S. Riverside Plaza ● Suite 900 ● Chicago, IL 60606 ● Toll Free: (888) 292-9399

RJO Global Trust

sponsored by

RJO Fund Management, LLC

Account Statement

	For Month Ended
	October 31, 2010
	UNAUDITED
Statement of Income	Month			Year to Date
	(B Units)			(B Units)
Trading Income (Loss)
Realized Trading Income (Loss)	$	25,027		$	38,716
Change in Unrealized Income (Loss)		13,545			38,219
Foreign Currency Transaction Income (Loss)		(3,759	)		15,423
Net Trading Income (Loss)		34,813			92,358
Other Income
Interest Income		228			1,191
Total Income (Loss)		228			1,191
Expenses
Advisory Incentive Fees		1,768			1,772
Management Fees		2,190			17,107
Organization and Offering Expenses		264			1,601
Administrative Expenses		975			17,173
Brokerage Expenses		2,976			22,772
Total Expenses		8,173			60,425
Net Income (Loss)	$	26,868		$	33,124
Statement of Changes in Net Asset Value
Beginning Balance		1,323,424			981,767
Additions		130,000			598,668
Net Income (Loss)		26,868			33,124
Transfers from Class A to Class B		-			65,443
Redemptions		(30,719	)		(229,429	)
Balance at October 31, 2010	$	1,449,573		$	1,449,573
Total Units Held at End of the Period					13,633
Net Asset Value Per Unit				$	106.33
Rate of Return		1.85	%		1.35	%

To the best of my knowledge and belief, the information

contained herein is accurate and complete

/s/Annette A. Cazenave

Executive Vice President, R.J. O'Brien Fund Management, LLC

Managing Owner, RJO Global Trust

NOT FOR USE AFTER January 31, 2011

R.J. O’Brien Fund Management, LLC

222 S. Riverside Plaza ● Suite 900 ● Chicago, IL 60606 ● Toll Free: (888) 292-9399