Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2012

Derivative Instruments and Hedging Activities [Abstract]

Derivatives Not Designated as Hedging Instruments

Derivatives not designated as hedging instruments:

As of September 30, 2012
	Asset		Liability
Type of	Derivatives		Derivatives			Net
Futures Contracts	Fair Value		Fair Value			Fair Value
Agriculture	$	970,188	$	(958,839	)	$	11,349
Currency		31,309		(47,372	)		(16,063	)
Energy		143,943		(122,350	)		21,593
Indices		25,788		(28,565	)		(2,777	)
Interest Rates		40,242		(32,993	)		7,249
Metals		269,400		(184,616	)		84,784
	$	1,480,870	$	(1,374,735	)	$	106,135

As of December 31, 2011
	Asset		Liability
Type of	Derivatives		Derivatives			Net
Futures Contracts	Fair Value		Fair Value			Fair Value
Agriculture	$	10,408	$	-		$	10,408
Currency		527,500		(350,799	)		176,701
Energy		225,038		(119,410	)		105,628
Indices		17,851		(47,027	)		(29,176	)
Interest Rates		139,768		(10,045	)		129,723
Metals		72,320		(80,138	)		(7,818	)
	$	992,885	$	(607,419	)	$	385,466

Trading Gain (Loss)

Trading gain (loss) for the following periods:

	Three months ended September 30,						Nine months ended September 30,
Type of Futures Contracts	2012			2011			2012			2011
Agriculture	$	16,161		$	(402,415	)	$	(300,187	)	$	(1,014,096	)
Currency		(176,598	)		(131,022	)		(819,922	)		(1,356,729	)
Energy		(261,344	)		(187,631	)		(79,134	)		8,390
Indices		(189,706	)		1,125,206			(526,943	)		1,391,291
Interest Rates		26,825			1,637,315			164,439			1,250,639
Metals		68,278			581,377			(325,576	)		464,793
	$	(516,384	)	$	2,622,830		$	(1,887,323	)	$	744,288