Sphinx Trading 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ACCEL ENTERTAINMENT INC	COM CL A1	00436Q106	2,628	216,500	SH		SOLE		216,500	0	0
ACCELERON PHARMA INC	COM	00434H108	120	700	SH		SOLE		700	0	0
AEROJET ROCKETDYNE HLDGS INC	COM	007800105	174	4,000	SH		SOLE		4,000	0	0
AEROJET ROCKETDYNE HLDGS INC	COM	007800105	87	2,000	SH	Put	SOLE		0	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	15	100	SH		SOLE		100	0	0
ALPHABET INC	CAP STK CL A	02079K305	5	2	SH		SOLE		2	0	0
ALTA EQUIPMENT GROUP INC	COMMON STOCK	02128L106	118	8,600	SH		SOLE		8,600	0	0
AMAZON COM INC	COM	023135106	30	9	SH		SOLE		9	0	0
AMERICAN NATIONAL GROUP INC	COM NEW	02772A109	76	400	SH		SOLE		400	0	0
ANGEL OAK FINL STRATEGIES IN	COM BEN INT	03464A100	12,700	746,171	SH		SOLE		746,171	0	0
ANGEL OAK FINL STRATEGIES IN	RIGHT 10/14/2021	03464A118	220	1,022,821	SH		SOLE		1,022,821	0	0
ANGEL OAK FINL STRATEGIES IN	RIGHT 10/14/2021	03464A118	0	5,700	SH		SOLE		5,700	0	0
ANNALY CAPITAL MANAGEMENT IN	COM	035710409	0	1	SH		SOLE		1	0	0
APOLLO COML REAL EST FIN INC	COM	03762U105	45	3,002	SH		SOLE		3,002	0	0
APPLE INC	COM	037833100	0	1,500	SH	Call	SOLE		0	0	0
ATHENE HOLDING LTD	CL A	G0684D107	413	6,000	SH		SOLE		6,000	0	0
ATLANTIC CAP BANCSHARES INC	COM	048269203	403	15,200	SH		SOLE		15,200	0	0
ATOSSA THERAPEUTICS INC	COM	04962H506	6	1,900	SH		SOLE		1,900	0	0
ATOTECH LTD	COM	G0625A105	242	10,012	SH		SOLE		10,012	0	0
AWARE INC MASS	COM	05453N100	28	7,000	SH		SOLE		7,000	0	0
B RILEY PRIN 250 MERGER CORP	UNIT 04/06/2026	05602L203	4,446	450,000	SH		SOLE		450,000	0	0
B RILEY PRINCIPAL 150 MERGER	COM CL A	05601V103	1,323	135,675	SH		SOLE		135,675	0	0
B RILEY PRINCIPAL 150 MERGER	*W EXP 03/01/202	05601V111	35	45,225	SH		SOLE		45,225	0	0
B. RILEY FINANCIAL INC	COM	05580M108	295	5,000	SH		SOLE		5,000	0	0
BABCOCK & WILCOX ENTERPRISES	COM	05614L209	3,802	593,198	SH		SOLE		593,198	0	0
BIOVENTUS INC	COM CL A	09075A108	9	601	SH		SOLE		601	0	0
BK OF AMERICA CORP	COM	060505104	42	1,000	SH		SOLE		1,000	0	0
CADENCE BANCORPORATION	CL A	12739A100	275	12,500	SH		SOLE		12,500	0	0
CAI INTERNATIONAL INC	COM	12477X106	168	3,000	SH		SOLE		3,000	0	0
CECO ENVIRONMENTAL CORP	COM	125141101	42	6,000	SH		SOLE		6,000	0	0
CHANGE HEALTHCARE INC	COM	15912K100	157	7,500	SH		SOLE		7,500	0	0
CHANGE HEALTHCARE INC	COM	15912K100	224	10,700	SH	Put	SOLE		0	0	0
CHESAPEAKE ENERGY CORP	COM	165167735	62	1,000	SH		SOLE		1,000	0	0
CINER RESOURCES LP	COM UNIT LTD	172464109	1,590	100,000	SH		SOLE		100,000	0	0
CIRRUS LOGIC INC	COM	172755100	0	200	SH	Call	SOLE		0	0	0
CIT GROUP INC	COM NEW	125581801	520	10,000	SH		SOLE		10,000	0	0
CLEARWATER PAPER CORP	COM	18538R103	767	20,000	SH		SOLE		20,000	0	0
COCA COLA CO	COM	191216100	0	8	SH		SOLE		8	0	0
COHERENT INC	COM	192479103	250	1,000	SH	Put	SOLE		0	0	0
COHERENT INC	COM	192479103	300	1,200	SH		SOLE		1,200	0	0
COLUMBIA PPTY TR INC	COM NEW	198287203	190	10,000	SH		SOLE		10,000	0	0
COVANTA HLDG CORP	COM	22282E102	181	9,000	SH		SOLE		9,000	0	0
COWEN INC	CL A NEW	223622606	13	374	SH		SOLE		374	0	0
DOMTAR CORP	COM NEW	257559203	278	5,100	SH		SOLE		5,100	0	0
DOUBLELINE INCOME SOLUTIONS	COM	258622109	36	2,000	SH		SOLE		2,000	0	0
DOUYU INTL HLDGS LTD	SPONSORED ADS	25985W105	10	3,064	SH		SOLE		3,064	0	0
EASTERN CO	COM	276317104	377	15,000	SH		SOLE		15,000	0	0
ECHO GLOBAL LOGISTICS INC	COM	27875T101	143	3,000	SH		SOLE		3,000	0	0
EDIFY ACQUISITION CORP	CL A	28059Q103	2,668	273,114	SH		SOLE		273,114	0	0
EDIFY ACQUISITION CORP	*W EXP 11/25/202	28059Q111	144	248,350	SH		SOLE		248,350	0	0
EDIFY ACQUISITION CORP	UNIT 11/25/2025	28059Q202	2,212	221,417	SH		SOLE		221,417	0	0
ELECTROMED INC	COM	285409108	325	30,018	SH		SOLE		30,018	0	0
ETFIS SER TR I	VIRTUS INFRCAP	26923G822	15	600	SH		SOLE		600	0	0
EVO ACQUISITION CORP	UNIT 99/99/9999	30052G207	1,546	155,208	SH		SOLE		155,208	0	0
EXONE CO	COM	302104104	105	4,500	SH		SOLE		4,500	0	0
FERRO CORP	COM	315405100	83	4,100	SH		SOLE		4,100	0	0
FERROGLOBE PLC	SHS	G33856108	435	50,000	SH		SOLE		50,000	0	0
FIRST MIDWEST BANCORP DEL	COM	320867104	706	37,137	SH		SOLE		37,137	0	0
FORTERRA INC	COM	34960W106	71	3,000	SH		SOLE		3,000	0	0
FORTRESS TRANS INFRST INVS L	COM REP LTD LIAB	34960P101	787	31,000	SH		SOLE		31,000	0	0
GALATA ACQUISITION CORP	*W EXP 99/99/999	G3R23A116	176	400,000	SH		SOLE		400,000	0	0
GALATA ACQUISITION CORP	SHS CL A	G3R23A108	3,960	400,000	SH		SOLE		400,000	0	0
GOODYEAR TIRE & RUBR CO	COM	382550101	2	91	SH		SOLE		91	0	0
GRANITE PT MTG TR INC	COM STK	38741L107	26	2,000	SH		SOLE		2,000	0	0
GREAT ELM GROUP INC	COM NEW	39037G109	2	769	SH		SOLE		769	0	0
GREAT WESTERN BANCORP INC	COM	391416104	295	9,000	SH		SOLE		9,000	0	0
GREEN PLAINS INC	COM	393222104	3,887	119,044	SH		SOLE		119,044	0	0
GREENIDGE GENERATION HLDGS I	CLASS A COM	39531G100	15	578	SH		SOLE		578	0	0
GREENSKY INC	CL A	39572G100	224	20,000	SH		SOLE		20,000	0	0
HEALTHCARE SERVICES ACQU COR	*W EXP 99/99/999	42227K112	108	164,132	SH		SOLE		164,132	0	0
HILL-ROM HLDGS INC	COM	431475102	150	1,000	SH		SOLE		1,000	0	0
IHS MARKIT LTD	SHS	G47567105	466	4,000	SH		SOLE		4,000	0	0
IHS MARKIT LTD	SHS	G47567105	466	4,000	SH	Put	SOLE		0	0	0
INOVALON HLDGS INC	COM CL A	45781D101	181	4,500	SH		SOLE		4,500	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	28	200	SH		SOLE		200	0	0
INTERSECT ENT INC	COM	46071F103	190	7,000	SH		SOLE		7,000	0	0
INVESTORS BANCORP INC NEW	COM	46146L101	302	20,000	SH		SOLE		20,000	0	0
ISHARES SILVER TR	ISHARES	46428Q109	718	35,000	SH		SOLE		35,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	0	10,000	SH	Put	SOLE		0	0	0
ITERIS INC NEW	COM	46564T107	14	2,708	SH		SOLE		2,708	0	0
KADMON HLDGS INC	COM	48283N106	174	20,000	SH		SOLE		20,000	0	0
KANSAS CITY SOUTHERN	COM NEW	485170302	271	1,000	SH		SOLE		1,000	0	0
KIMBALL INTL INC	CL B	494274103	448	40,000	SH		SOLE		40,000	0	0
KLA CORP	COM NEW	482480100	0	100	SH	Call	SOLE		0	0	0
LARGO RES LTD	COM	517103602	21	2,000	SH		SOLE		2,000	0	0
LUMOS PHARMA INC	COM	55028X109	3	277	SH		SOLE		277	0	0
MACONDRAY CAP ACQUISITN CORP	UNIT 05/31/2028	G5853A123	1,497	150,000	SH		SOLE		150,000	0	0
MAGELLAN HEALTH INC	COM NEW	559079207	236	2,500	SH		SOLE		2,500	0	0
MAGNITE INC	COM	55955D100	700	25,000	SH		SOLE		25,000	0	0
MEDALLIA INC	COM	584021109	135	4,000	SH		SOLE		4,000	0	0
MERIDIAN BANCORP INC MD	COM	58958U103	37	1,804	SH		SOLE		1,804	0	0
META FINL GROUP INC	COM	59100U108	525	10,000	SH		SOLE		10,000	0	0
MGM GROWTH PPTYS LLC	CL A COM	55303A105	214	5,600	SH		SOLE		5,600	0	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	75	4,000	SH	Put	SOLE		0	0	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	131	7,000	SH		SOLE		7,000	0	0
MOUNTAIN CREST ACQSTN CORP I	UNIT 99/99/9999	62402U206	900	88,300	SH		SOLE		88,300	0	0
NET 1 UEPS TECHNOLOGIES INC	COM NEW	64107N206	33	7,200	SH		SOLE		7,200	0	0
NGL ENERGY PARTNERS LP	COM UNIT REPST	62913M107	6	2,500	SH		SOLE		2,500	0	0
NORTHERN TECHNOLOGIES INTL C	COM	665809109	129	8,501	SH		SOLE		8,501	0	0
NUANCE COMMUNICATIONS INC	COM	67020Y100	286	5,200	SH		SOLE		5,200	0	0
NUVEEN ENHANCED MUN VALUE FD	COM	67074M101	24	1,500	SH		SOLE		1,500	0	0
OCCIDENTAL PETE CORP	*W EXP 08/03/202	674599162	1	87	SH		SOLE		87	0	0
ORION ENGINEERED CARBONS S A	COM	L72967109	5,792	317,744	SH		SOLE		317,744	0	0
OTONOMO TECHNOLOGIES LTD	*W EXP 08/13/202	M7571L111	57	71,141	SH		SOLE		71,141	0	0
OVINTIV INC	COM	69047Q102	39	1,200	SH		SOLE		1,200	0	0
OVINTIV INC	COM	69047Q102	39	1,200	SH	Put	SOLE		0	0	0
PARABELLUM ACQUISITION CORP	UNIT 99/99/9999	69901P208	1,053	105,590	SH		SOLE		105,590	0	0
PENNANTPARK FLOATING RATE CA	COM	70806A106	13	1,000	SH		SOLE		1,000	0	0
PEOPLES UNITED FINANCIAL INC	COM	712704105	521	29,797	SH		SOLE		29,797	0	0
PIMCO INCOME STRATEGY FD II	COM	72201J104	81	8,000	SH		SOLE		8,000	0	0
PNM RES INC	COM	69349H107	198	4,000	SH		SOLE		4,000	0	0
PPD INC	COM	69355F102	187	4,000	SH		SOLE		4,000	0	0
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	48	2,625	SH		SOLE		2,625	0	0
QAD INC	CL A	74727D306	96	1,100	SH		SOLE		1,100	0	0
QUANTUM CORP	COM NEW	747906501	124	24,025	SH		SOLE		24,025	0	0
QUANTUM FINTECH ACQUISTIN CO	*W EXP 01/30/202	74767A113	79	292,700	SH		SOLE		292,700	0	0
QUANTUM FINTECH ACQUISTIN CO	COMMON STOCK	74767A105	2,670	271,087	SH		SOLE		271,087	0	0
QUOTIENT TECHNOLOGY INC	COM	749119103	17	3,000	SH		SOLE		3,000	0	0
RICE ACQUISITION CORP II	UNIT 99/99/9999	G75529118	515	50,000	SH		SOLE		50,000	0	0
ROMAN DBDR TECH ACQUISITION	*W EXP 10/31/202	77584N119	153	94,850	SH		SOLE		94,850	0	0
SANDERSON FARMS INC	COM	800013104	151	800	SH		SOLE		800	0	0
SCORE MEDIA & GAMING INC	CL A SUB VTG SHS	80919D202	123	3,600	SH		SOLE		3,600	0	0
SEAPORT GLOBAL ACQUISITN COR	*W EXP 12/15/202	812227114	852	906,773	SH		SOLE		906,773	0	0
SIERRA METALS INC	COM	82639W106	555	308,204	SH		SOLE		308,204	0	0
SIERRA WIRELESS INC	COM	826516106	1	36	SH		SOLE		36	0	0
SIGNATURE BK NEW YORK N Y	COM	82669G104	54	200	SH		SOLE		200	0	0
SOLITON INC	COM	834251100	102	5,000	SH		SOLE		5,000	0	0
SPARTACUS ACQUISITION CORP	*W EXP 10/31/202	84677L117	231	145,274	SH		SOLE		145,274	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	17,681	41,200	SH	Call	SOLE		0	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	815	1,900	SH	Put	SOLE		0	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	172	400	SH		SOLE		400	0	0
STAMPS COM INC	COM NEW	852857200	264	800	SH		SOLE		800	0	0
STARWOOD PPTY TR INC	COM	85571B105	24	1,000	SH		SOLE		1,000	0	0
STATE AUTO FINL CORP	COM	855707105	102	2,000	SH		SOLE		2,000	0	0
STATE AUTO FINL CORP	COM	855707105	102	2,000	SH	Put	SOLE		0	0	0
STERLING BANCORP DEL	COM	85917A100	245	9,799	SH		SOLE		9,799	0	0
TILRAY INC	COM CL 2	88688T100	24	2,091	SH		SOLE		2,091	0	0
TRILLIUM THERAPEUTICS INC	COM NEW	89620X506	176	10,000	SH		SOLE		10,000	0	0
TRILLIUM THERAPEUTICS INC	COM NEW	89620X506	123	7,000	SH	Put	SOLE		0	0	0
UNISYS CORP	COM NEW	909214306	2,137	85,000	SH		SOLE		85,000	0	0
UNIVERSAL TECHNICAL INST INC	COM	913915104	7	1,000	SH		SOLE		1,000	0	0
VEONEER INC	COM	92336X109	20	600	SH	Put	SOLE		0	0	0
VEONEER INC	COM	92336X109	20	600	SH		SOLE		600	0	0
VEREIT INC	COM	92339V308	145	3,201	SH		SOLE		3,201	0	0
WABTEC	COM	929740108	1	16	SH		SOLE		16	0	0
WELBILT INC	COM	949090104	186	8,000	SH		SOLE		8,000	0	0
XENCOR INC	COM	98401F105	274	8,382	SH		SOLE		8,382	0	0
YELLOW CORP	COM	985510106	0	53	SH		SOLE		53	0	0