8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

SEPTEMBER 11, 2007

Date of Report (Date of Earliest Event Reported)

WORLD MONITOR TRUST III

WMT III SERIES G/J TRADING VEHICLE LLC

(Rule 140 Co-Registrant No. 1)

WORLD MONITOR TRUST III – SERIES G

(Rule 140 Co-Registrant No. 4)

WORLD MONITOR TRUST III – SERIES J

(Rule 140 Co-Registrant No. 7)

(Exact name of Registrant as Specified in its Charter)

Delaware	333-119612	20-1697966 (Registrant) 20-2469369 (Co-Registrant No. 1) 20-1697966 (Co-Registrant No. 4) 20-2446281 (Co-Registrant No. 7)
(State or other Jurisdiction of Incorporation or Organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

900 King Street, Rye Brook, New York 10573

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (914) 307-7000

(Former Name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry into a Material Definitive Agreement

World Monitor Trust III (Series G and J) and WMT III Series G/J Trading Vehicle LLC (“Registrants”) have entered into Services Agreements with Spectrum Global Fund Administration, L.L.C. (“Spectrum”) whereby Spectrum will provide administration services to Registrants. Registrants will pay Spectrum an annual fee 0.17% per annum of net assets in managed accounts in the name of Registrants.

Item 1.02 Termination of a Material Definitive Agreement

DPM Mellon, LLC (“DPM”) currently provides Registrants with administration services pursuant to an Administration Agreement dated January 20, 2005 between DPM and Registrants. Registrants have notified DPM that, effective October 1, 2007, Registrant intends to replace DPM with Spectrum as Administrator and that DPM’s Administration Agreement with Registrants will be terminated effective close of business on September 30, 2007.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.	Description
99.2	Notice to Unitholders dated September 11, 2007

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant in the capacities indicated on September 11, 2007.

Date: September 11, 2007	WORLD MONITOR TRUST III – SERIES G
	By:	Preferred Investment Solutions Corp.
		its Managing Owner
		By:	/s/ Lawrence S. Block
		Name:	Lawrence S. Block
		Title:	Senior Vice President and
			General Counsel
	WORLD MONITOR TRUST III – SERIES J
	By:	Preferred Investment Solutions Corp.
		its Managing Owner
		By:	/s/ Lawrence S. Block
		Name:	Lawrence S. Block
		Title:	Senior Vice President and
			General Counsel
	WMT III SERIES G/J TRADING VEHICLE LLC
	WORLD MONITOR TRUST III – SERIES G
	By:	Preferred Investment Solutions Corp.
		its Managing Owner
		By:	/s/ Lawrence S. Block
		Name:	Lawrence S. Block
		Title:	Senior Vice President and
			General Counsel
	WORLD MONITOR TRUST III – SERIES J
	By:	Preferred Investment Solutions Corp.
		its Managing Owner
		By:	/s/ Lawrence S. Block
		Name:	Lawrence S. Block
		Title:	Senior Vice President and
			General Counsel

EX-99.2

Exhibit 99.2

Preferred Investment Solutions Corp.

900 King Street, Suite 100

Rye Brook, NY 10573

Telephone: (914) 307-7000

Fax: (914) 307- 4045

September 11, 2007

Re: World Monitor Trust III

Dear Investor,

After an extensive search and exhaustive due diligence, we have decided to name Spectrum Global Fund Administration (“Spectrum”) as the new Fund Administrator for World Monitor Trust III (the “Fund”) effective November 1, 2007. Our decision to make the change is based on our desire to provide investors with the best possible administrative services.

Headquartered in Chicago, IL, Spectrum was founded in 1998, and currently services approximately 230 clients and US$27 billion in alternative investment assets across all strategies. They employ over 200 professionals, with offices in Columbus, Ohio; New York; Cayman Islands; and Bangalore India. While smaller and less well known than other fund administrators we looked at, we chose Spectrum because of the superiority of their internally-developed accounting systems, strong operational processes and controls, and the depth of their managerial experience and knowledge. These strengths are crucial for the administrator of a publicly offered US fund today, because of the increasing complexity of the regulatory environment that requires numerous filings and rigidly controlled and monitored administrative processes. We are confident that Spectrum will meet all of our expectations by bringing to the Fund the highest level of service and excellence in all facets of the administrator functions.

The transition from one administrator to another is never an easy one, but everyone at Preferred is committed to making this as seamless as possible, with the full support of Spectrum’s transition team and the DPM Mellon staff we have worked with for so many years.

We will be contacting you again in the coming weeks with updated information. It is essential that you change your records at that time so that you have the correct information for the Fund. If you have any questions or concerns, please do not hesitate to contact us at (914) 307-4000 or Preferred@kenmar-us.com.

Kind Regards,

/s/ Jennifer Moros

Jennifer Moros

Senior Vice President, Marketing and Client Services

Preferred Investment Solutions Corp, Managing Owner for

World Monitor III