Welcome to Typhon Capital Management, a registered CTA.

The Vulcan Metals Fund is a discretionary metals market structure trading strategy managed by James Gallo, a NYMEX floor trader since 1987, and Edward Smith, a COMEX Member since 1994. Vulcan trades a variety of metals including copper, gold, silver, platinum and palladium. Vulcan adapts to changing market conditions, the strategy employs intra-commodity spreads to yield additional low risk returns. It employs COMEX/LME Arbitrage, Roll Arbitrage, Spread Arbitrage, Cash & Carry, and Physical Warrant trading strategies and targets a positively skewed, low volatility return profile.


The Zephyrus Livestock Strategy is a discretionary livestock strategy designed to capture returns from the hog and cattle markets with a low correlation to traditional assets. This methodology incorporates both fundamental data and technical analysis and prioritizes capital preservation and seeks to provide returns at a moderate level of volatility.


The Leonidas Cryptocurrency Fund trades a basket of cryptocurrencies such as Bitcoin and Ether (as well as exchange traded derivatives on cryptocurrencies) and may participate in initial coin offerings and trade those coins in secondary markets. The fund uses a blend of discretionary algorithmic strategies.

Tactical Programs

Typhon’s portfolio managers are idiosyncratic specialists with unique methodologies and return drivers. Each has a clearly defined edge within the markets they trade. They provide the building blocks for adding granular, independent return streams to your portfolio.

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Managed Risk

Typhon has an independent, empowered risk management committee that monitors our strategies on a daily basis and provides proactive and collaborative support to each manager’s trade construction process.

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A Trusted Name

Typhon’s CEO has is an outspoken advocate for investor protections and helps ensure all market participants are properly represented. He designed Typhon with institutional internal controls to safeguard customer assets.

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Pronunciation: \ˈtī-ˌfän\
Latin, from Greek Typhōn

n: (Greek mythology) a monster with a hundred heads and one of the whirlwinds; son of Typhoneus and Echidna; father of Cerberus and the Chimera and the Sphinx

n: a deconstructed multi-strategy trading firm, where niche managers can focus only on trading under an umbrella of unified operations, compliance, independent risk management, and business development. Clients can access these modular exposures a la carte or via custom portfolios in Cayman or U.S. funds, or managed accounts.

Award Winning

As of August 2016, Typhon has won 40 performance awards from BarclayHedge. Past performance is not necessarily indicative of future returns. 

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Typhon posts performance updates, new product information, and media appearances across a wide array of social media networks. Use the links at the top and bottom of this page to follow Typhon.