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
Estimated average burden
hours per response: 23.8
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
3M CO COM 88579Y101 14,734 105,052 SH   DFND   105,052 0 0
ALCOA INC COM 013817101 23 13,900 SH Call DFND   13,900 0 0
ALCOA INC COM 013817101 2 14,000 SH Put DFND   14,000 0 0
ALLERGAN INC COM 018490102 3,299 29,700 SH   DFND   29,700 0 0
AMBEV SA SPONSORED ADR 02319V103 3,962 538,985 SH   DFND   538,985 0 0
AMBEV SA SPONSORED ADR 02319V103 7 55,500 SH Call DFND   55,500 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 870 27,000 SH   DFND   27,000 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 576 40,000 SH   DFND   40,000 0 0
AMERICAN INCOME FD INC COM 02672T109 95 12,957 SH   DFND   12,957 0 0
ANNALY CAP MGMT INC COM 035710409 20 50,000 SH Put DFND   50,000 0 0
ANNALY CAP MGMT INC COM 035710409 19 50,000 SH Call DFND   50,000 0 0
APACHE CORP COM 037411105 8 10,000 SH Call DFND   10,000 0 0
APOLLO TACTICAL INCOME FD IN COM 037638103 1,592 88,446 SH   DFND   88,446 0 0
ARES DYNAMIC CR ALLOCATION F COM 04014F102 3,898 216,797 SH   DFND   216,797 0 0
ARES MULTI STRATEGY CR FD IN COM 04014Q108 3,292 155,500 SH   DFND   155,500 0 0
AT&T INC COM 00206R102 505 14,356 SH   DFND   14,356 0 0
AT&T INC COM 00206R102 49 114,000 SH Call DFND   114,000 0 0
AT&T INC COM 00206R102 130 164,000 SH Put DFND   164,000 0 0
AVENUE INCOME CR STRATEGIES COM 05358E106 871 49,566 SH   DFND   49,566 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 13 100,000 SH Put DFND   100,000 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 320 25,500 SH   DFND   25,500 0 0
BANK OF AMERICA CORPORATION COM 060505104 35 288,800 SH Put DFND   288,800 0 0
BANK OF AMERICA CORPORATION COM 060505104 100 98,000 SH Call DFND   98,000 0 0
BANK OF AMERICA CORPORATION COM 060505104 1,105 71,000 SH   DFND   71,000 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06742E711 629 14,775 SH   DFND   14,775 0 0
BARCLAYS BK PLC IPATH S&P500 VIX 06742E711 36 30,000 SH Call DFND   30,000 0 0
BARRICK GOLD CORP COM 067901108 487 27,600 SH   DFND   27,600 0 0
BARRICK GOLD CORP COM 067901108 64 200,000 SH Put DFND   200,000 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 3,894 57,095 SH   DFND   57,095 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 219 120,000 SH Call DFND   120,000 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 478 132,000 SH Put DFND   132,000 0 0
BLACKROCK ECOSOLUTIONS INVT COM SH 092546100 335 42,668 SH   DFND   42,668 0 0
BLACKROCK GLOBAL OPP EQTY TR COM 092501105 1,003 67,067 SH   DFND   67,067 0 0
BLACKROCK MULTI-SECTOR INC T COM 09258A107 4,832 282,382 SH   DFND   282,382 0 0
BLACKROCK MUN INCOME TR BRIC ETF 09248F109 552 43,500 SH   DFND   43,500 0 0
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 09257P105 1,010 59,000 SH   DFND   59,000 0 0
BLACKROCK MUNI INCOME TR II COM 09249N101 1,563 118,261 SH   DFND   118,261 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 429 30,840 SH   DFND   30,840 0 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 1,152 90,857 SH   DFND   90,857 0 0
BLACKROCK MUNIENHANCED FD IN COM 09253Y100 1,129 108,523 SH   DFND   108,523 0 0
BLACKROCK MUNIHLDGS NJ QLTY COM 09254X101 145 11,020 SH   DFND   11,020 0 0
BLACKROCK MUNIHLDNGS QLTY II COM 09254C107 1,682 139,102 SH   DFND   139,102 0 0
BLACKROCK MUNIHLDS INVSTM QL COM 09254P108 1,324 105,760 SH   DFND   105,760 0 0
BLACKROCK MUNIHOLDINGS FD IN COM 09253N104 2,110 145,493 SH   DFND   145,493 0 0
BLACKROCK MUNIVEST FD II INC COM 09253T101 649 46,650 SH   DFND   46,650 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 501 56,239 SH   DFND   56,239 0 0
BLACKROCK MUNIY QUALITY FD I COM 09254G108 240 20,540 SH   DFND   20,540 0 0
BLACKROCK MUNIYIELD CALIF FD COM 09254M105 426 30,905 SH   DFND   30,905 0 0
BLACKROCK MUNIYIELD FD INC COM 09253W104 2,934 228,892 SH   DFND   228,892 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 367 30,400 SH   DFND   30,400 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 912 72,018 SH   DFND   72,018 0 0
BLACKROCK MUNIYLD MICH QLTY COM 09254V105 357 28,656 SH   DFND   28,656 0 0
BLACKROCK N J MUN INCOME TR SH BEN INT 09248J101 293 22,334 SH   DFND   22,334 0 0
BLACKROCK UTIL & INFRASTRCTU COM 09248D104 636 35,618 SH   DFND   35,618 0 0
BLACKSTONE GSO LNG SHRT CR I COM SHS BN INT 09257D102 1,256 70,265 SH   DFND   70,265 0 0
BLACKSTONE GSO STRATEGIC CR COM SHS BEN IN 09257R101 7,935 445,791 SH   DFND   445,791 0 0
BOULDER GROWTH & INCOME FD I COM 101507101 2,541 315,993 SH   DFND   315,993 0 0
BOULDER TOTAL RETURN FD INC COM 101541100 352 15,286 SH   DFND   15,286 0 0
BROOKFIELD MTG OPP INC FD IN COM 112792106 7,163 432,281 SH   DFND   432,281 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 15 60,000 SH Call DFND   60,000 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 21 10,000 SH Call DFND   10,000 0 0
CATERPILLAR INC DEL COM 149123101 328 316,900 SH Put DFND   316,900 0 0
CATERPILLAR INC DEL COM 149123101 1,156 230,200 SH Call DFND   230,200 0 0
CENTRAL FD CDA LTD CL A 153501101 7,226 545,341 SH   DFND   545,341 0 0
CHEESECAKE FACTORY INC COM 163072101 323 80,900 SH Call DFND   80,900 0 0
CHEESECAKE FACTORY INC COM 163072101 3 53,700 SH Put DFND   53,700 0 0
CHESAPEAKE ENERGY CORP COM 165167107 2 20,000 SH Call DFND   20,000 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 4,881 93,348 SH   DFND   93,348 0 0
CISCO SYS INC COM 17275R102 188 385,800 SH Call DFND   385,800 0 0
CISCO SYS INC COM 17275R102 72 143,900 SH Put DFND   143,900 0 0
COACH INC COM 189754104 8 20,000 SH Call DFND   20,000 0 0
COBALT INTL ENERGY INC COM 19075F106 20 15,000 SH Call DFND   15,000 0 0
COHEN & STEERS MLP INC & ENR COM SHS 19249B106 185 10,100 SH   DFND   10,100 0 0
COHEN & STEERS SLT PFD INCM COM 19248Y107 604 24,464 SH   DFND   24,464 0 0
COMCAST CORP NEW CL A 20030N101 28 30,000 SH Call DFND   30,000 0 0
COMCAST CORP NEW CL A 20030N101 7,809 150,277 SH   DFND   150,277 0 0
COMCAST CORP NEW CL A SPL 20030N200 1,746 35,000 SH   DFND   35,000 0 0
COMMONWEALTH REIT 6.50% PFD CUM CO 203233408 782 38,104 SH   DFND   38,104 0 0
COOPER TIRE & RUBR CO COM 216831107 16 15,300 SH Put DFND   15,300 0 0
CORNING INC COM 219350105 28 15,000 SH Call DFND   15,000 0 0
CURRENCYSHS JAPANESE YEN TR JAPANESE YEN 23130A102 76 50,000 SH Put DFND   50,000 0 0
CUSHING RTY & INCOME FD COM SH BEN INT 23164R104 805 47,427 SH   DFND   47,427 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 662 87,900 SH Put DFND   87,900 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 6 84,800 SH Call DFND   84,800 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 4,388 77,088 SH   DFND   77,088 0 0
DICKS SPORTING GOODS INC COM 253393102 29 10,000 SH Call DFND   10,000 0 0
DIGITAL RLTY TR INC COM 253868103 6 10,000 SH Call DFND   10,000 0 0
DISH NETWORK CORP CL A 25470M109 1,248 330,800 SH Call DFND   330,800 0 0
DISH NETWORK CORP CL A 25470M109 139 63,200 SH Put DFND   63,200 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 9,121 432,500 SH   DFND   432,500 0 0
DREYFUS MUN BD INFRSTRCTR FD SHS 26203D101 2,139 206,630 SH   DFND   206,630 0 0
DREYFUS MUN INCOME INC COM 26201R102 431 50,952 SH   DFND   50,952 0 0
DREYFUS STRATEGIC MUN BD FD COM 26202F107 695 93,620 SH   DFND   93,620 0 0
DREYFUS STRATEGIC MUNS INC COM 261932107 586 77,100 SH   DFND   77,100 0 0
DWS MUN INCOME TR COM 23338M106 2,020 168,461 SH   DFND   168,461 0 0
E M C CORP MASS COM 268648102 36 30,000 SH Call DFND   30,000 0 0
E M C CORP MASS COM 268648102 604 24,000 SH   DFND   24,000 0 0
EATON VANCE FLTG RATE INCOM COM SHS BEN INT 278284104 595 32,788 SH   DFND   32,788 0 0
EATON VANCE MUNI INCOME TRUS SH BEN INT 27826U108 347 33,000 SH   DFND   33,000 0 0
EATON VANCE RISK MNGD DIV EQ COM 27829G106 253 22,428 SH   DFND   22,428 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 575 38,163 SH   DFND   38,163 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 1,304 188,700 SH   DFND   188,700 0 0
EATON VANCE TAX-ADV BD & OPT COM SH BEN INT 27829M103 3,333 234,711 SH   DFND   234,711 0 0
EL PASO ENERGY CAP TR I PFD CV TR SECS 283678209 33,189 592,868 SH   DFND   592,868 0 0
ENSCO PLC SHS CLASS A G3157S106 116 54,100 SH Call DFND   54,100 0 0
ENSCO PLC SHS CLASS A G3157S106 104 75,100 SH Put DFND   75,100 0 0
EOG RES INC COM 26875P101 655 20,000 SH Call DFND   20,000 0 0
EPR PPTYS PFD C CNV 5.75% 26884U208 9,784 482,934 SH   DFND   482,934 0 0
EV ENERGY PARTNERS LP COM UNITS 26926V107 848 25,000 SH   DFND   25,000 0 0
EXXON MOBIL CORP COM 30231G102 836 114,000 SH Call DFND   114,000 0 0
EXXON MOBIL CORP COM 30231G102 89 140,400 SH Put DFND   140,400 0 0
FACEBOOK INC CL A 30303M102 25 15,000 SH Call DFND   15,000 0 0
FEDERATED PREM MUN INC FD COM 31423P108 199 15,084 SH   DFND   15,084 0 0
FIFTH STREET FINANCE CORP COM 31678A103 922 99,656 SH   DFND   99,656 0 0
FIRST TR HIGH INCOME L/S FD COM 33738E109 1,582 91,897 SH   DFND   91,897 0 0
FIRST TR INTER DUR PFD & IN COM 33718W103 7,116 334,883 SH   DFND   334,883 0 0
FIRST TRUST SPECIALTY FINANC COM BEN INTR 33733G109 173 21,998 SH   DFND   21,998 0 0
FLAHERTY & CRUMRINE DYN PFD SHS 33848W106 6,154 299,736 SH   DFND   299,736 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 204 13,200 SH   DFND   13,200 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 6 151,700 SH Call DFND   151,700 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 164 321,300 SH Call DFND   321,300 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 1,519 40,247 SH   DFND   40,247 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 54 368,700 SH Call DFND   368,700 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 9 30,100 SH Put DFND   30,100 0 0
FRESH MKT INC COM 35804H106 1,215 30,000 SH   DFND   30,000 0 0
GAMCO GLOBAL GOLD NAT RES & COM SH BEN INT 36465A109 2,712 300,700 SH   DFND   300,700 0 0
GAMCO NAT RES GOLD & INCOME SH BEN INT 36465E101 859 85,686 SH   DFND   85,686 0 0
GENERAL ELECTRIC CO COM 369604103 645 23,000 SH   DFND   23,000 0 0
GENERAL ELECTRIC CO COM 369604103 394 215,000 SH Call DFND   215,000 0 0
GENERAL ELECTRIC CO COM 369604103 8 123,800 SH Put DFND   123,800 0 0
GENERAL MTRS CO COM 37045V100 533 265,000 SH Call DFND   265,000 0 0
GENERAL MTRS CO COM 37045V100 22 27,900 SH Put DFND   27,900 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V118 18,289 585,821 SH   DFND   585,821 0 0
GERDAU S A SPON ADR REP PFD 373737105 1,882 240,000 SH   DFND   240,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 183 40,000 SH Call DFND   40,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 5 40,000 SH Put DFND   40,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 350 1,977 SH   DFND   1,977 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 25 500,000 SH Put DFND   500,000 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 3,950 500,000 SH Call DFND   500,000 0 0
GOOGLE INC CL A 38259P508 242 10,500 SH Call DFND   10,500 0 0
GOOGLE INC CL A 38259P508 247 11,700 SH Put DFND   11,700 0 0
GUGGENHEIM BLD AMR BDS MANG COM 401664107 1,720 86,764 SH   DFND   86,764 0 0
HANCOCK JOHN PFD INCOME FD SH BEN INT 41013W108 1,375 77,057 SH   DFND   77,057 0 0
HANCOCK JOHN PFD INCOME FD I COM 41013X106 794 44,339 SH   DFND   44,339 0 0
HANCOCK JOHN PFD INCOME FD I COM 41021P103 1,808 115,997 SH   DFND   115,997 0 0
HANCOCK JOHN PREMUIM DIV FD COM SH BEN INT 41013T105 1,229 105,991 SH   DFND   105,991 0 0
HEALTH CARE REIT INC PFD PER CON I 42217K601 12,545 243,400 SH   DFND   243,400 0 0
HERBALIFE LTD COM USD SHS G4412G101 3,590 200,000 SH Call DFND   200,000 0 0
INTEL CORP COM 458140100 13,626 525,000 SH   DFND   525,000 0 0
INVESCO ADVANTAGE MUNICIPAL SH BEN INT 46132E103 1,642 156,117 SH   DFND   156,117 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 4,791 371,389 SH   DFND   371,389 0 0
INVESCO MUN OPPORTUNITY TR COM 46132C107 898 76,700 SH   DFND   76,700 0 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 149 13,414 SH   DFND   13,414 0 0
INVESCO SR INCOME TR COM 46131H107 958 190,000 SH   DFND   190,000 0 0
INVESCO TR INVT GRADE MUNS COM 46131M106 2,499 205,159 SH   DFND   205,159 0 0
ISHARES MSCI JAPAN ETF 464286848 304 742,800 SH Put DFND   742,800 0 0
ISHARES MSCI JAPAN ETF 464286848 5,272 434,300 SH   DFND   434,300 0 0
ISHARES MSCI JAPAN ETF 464286848 119 424,000 SH Call DFND   424,000 0 0
ISHARES CHINA LG-CAP ETF 464287184 282 221,500 SH Put DFND   221,500 0 0
ISHARES CHINA LG-CAP ETF 464287184 2,072 54,000 SH   DFND   54,000 0 0
ISHARES CHINA LG-CAP ETF 464287184 110 152,400 SH Call DFND   152,400 0 0
ISHARES MSCI EMG MKT ETF 464287234 83 129,500 SH Call DFND   129,500 0 0
ISHARES MSCI EMG MKT ETF 464287234 2 50,000 SH Put DFND   50,000 0 0
ISHARES 20+ YR TR BD ETF 464287432 9,842 96,625 SH   DFND   96,625 0 0
ISHARES 20+ YR TR BD ETF 464287432 187 286,100 SH Call DFND   286,100 0 0
ISHARES 20+ YR TR BD ETF 464287432 655 162,300 SH Put DFND   162,300 0 0
ISHARES U.S. REAL ES ETF 464287739 32 25,000 SH Put DFND   25,000 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 20 100,000 SH Call DFND   100,000 0 0
KINDER MORGAN MANAGEMENT LLC SHS 49455U100 530 7,000 SH   DFND   7,000 0 0
KKR INCOME OPPORTUNITIES FD COM 48249T106 2,188 121,818 SH   DFND   121,818 0 0
KOHLS CORP COM 500255104 870 15,324 SH   DFND   15,324 0 0
KOHLS CORP COM 500255104 24 68,000 SH Put DFND   68,000 0 0
LAUDER ESTEE COS INC CL A 518439104 921 122,000 SH Call DFND   122,000 0 0
LAUDER ESTEE COS INC CL A 518439104 49 83,100 SH Put DFND   83,100 0 0
LEAP WIRELESS INTL INC COM NEW 521863308 1,521 87,403 SH   DFND   87,403 0 0
LEGG MASON BW GLB INC OPP FD COM 52469B100 1,162 68,889 SH   DFND   68,889 0 0
LENNAR CORP CL B 526057302 688 20,400 SH   DFND   20,400 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 835 9,900 SH   DFND   9,900 0 0
LILLY ELI & CO COM 532457108 357 7,000 SH   DFND   7,000 0 0
LILLY ELI & CO COM 532457108 16 100,000 SH Call DFND   100,000 0 0
LILLY ELI & CO COM 532457108 30 100,000 SH Put DFND   100,000 0 0
LMP REAL ESTATE INCOME FD IN COM 50208C108 460 45,721 SH   DFND   45,721 0 0
LOCKHEED MARTIN CORP COM 539830109 17,812 119,820 SH   DFND   119,820 0 0
LULULEMON ATHLETICA INC COM 550021109 31 20,000 SH Call DFND   20,000 0 0
MACK CALI RLTY CORP COM 554489104 376 17,500 SH   DFND   17,500 0 0
MAINSTAY DEFINEDTERM MN OPP COM 56064K100 958 60,740 SH   DFND   60,740 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 21,584 1,021,500 SH   DFND   1,021,500 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 55 75,900 SH Call DFND   75,900 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 19,480 1,090,100 SH Put DFND   1,090,100 0 0
MARKET VECTORS ETF TR OIL SVCS ETF 57060U191 5 20,000 SH Put DFND   20,000 0 0
MASTERCARD INC CL A 57636Q104 4,256 5,094 SH   DFND   5,094 0 0
MATTEL INC COM 577081102 285 6,000 SH   DFND   6,000 0 0
MATTEL INC COM 577081102 155 90,000 SH Call DFND   90,000 0 0
MATTEL INC COM 577081102 9 85,000 SH Put DFND   85,000 0 0
MCDONALDS CORP COM 580135101 223 2,300 SH   DFND   2,300 0 0
MCDONALDS CORP COM 580135101 83 51,000 SH Call DFND   51,000 0 0
MCDONALDS CORP COM 580135101 115 78,500 SH Put DFND   78,500 0 0
MFS INTER INCOME TR SH BEN INT 55273C107 1,308 252,596 SH   DFND   252,596 0 0
MGM RESORTS INTERNATIONAL COM 552953101 610 200,000 SH Call DFND   200,000 0 0
MICROSOFT CORP COM 594918104 1,541 41,200 SH   DFND   41,200 0 0
MICROSOFT CORP COM 594918104 117 65,000 SH Call DFND   65,000 0 0
MICROSOFT CORP COM 594918104 65 65,000 SH Put DFND   65,000 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 959 44,314 SH   DFND   44,314 0 0
MOLSON COORS BREWING CO CL B 60871R209 92 60,000 SH Call DFND   60,000 0 0
MOLSON COORS BREWING CO CL B 60871R209 6 15,000 SH Put DFND   15,000 0 0
MOSAIC CO NEW COM 61945C103 804 17,000 SH   DFND   17,000 0 0
MVC CAPITAL INC COM 553829102 658 48,744 SH   DFND   48,744 0 0
NATIONAL OILWELL VARCO INC COM 637071101 26,820 337,226 SH   DFND   337,226 0 0
NATIONAL OILWELL VARCO INC COM 637071101 434 259,300 SH Call DFND   259,300 0 0
NATIONAL OILWELL VARCO INC COM 637071101 2,698 803,400 SH Put DFND   803,400 0 0
NEW ORIENTAL ED & TECH GRP I SPON ADR 647581107 2,319 73,614 SH   DFND   73,614 0 0
NEW RESIDENTIAL INVT CORP COM 64828T102 100 15,000 SH   DFND   15,000 0 0
NEWFIELD EXPL CO COM 651290108 1,075 43,641 SH   DFND   43,641 0 0
NEWFIELD EXPL CO COM 651290108 22 20,000 SH Call DFND   20,000 0 0
NOBLE ENERGY INC COM 655044105 528 50,000 SH Call DFND   50,000 0 0
NORDSTROM INC COM 655664100 223 161,000 SH Call DFND   161,000 0 0
NORDSTROM INC COM 655664100 8 69,400 SH Put DFND   69,400 0 0
NORTHROP GRUMMAN CORP COM 666807102 2,117 18,469 SH   DFND   18,469 0 0
NORTHROP GRUMMAN CORP COM 666807102 46 29,400 SH Put DFND   29,400 0 0
NUCOR CORP COM 670346105 48 16,900 SH Call DFND   16,900 0 0
NUCOR CORP COM 670346105 116 366,900 SH Put DFND   366,900 0 0
NUCOR CORP COM 670346105 1,331 24,941 SH   DFND   24,941 0 0
NUVEEN AMT-FREE MUN INCOME F COM 670657105 786 65,305 SH   DFND   65,305 0 0
NUVEEN CA DIV ADV MUNI FD 3 COM SH BEN INT 67070Y109 387 33,872 SH   DFND   33,872 0 0
NUVEEN CAL AMT-FREE MUN INC COM 670651108 1,214 99,718 SH   DFND   99,718 0 0
NUVEEN DIV ADV MUNI FD 3 COM SH BEN INT 67070X101 4,821 390,354 SH   DFND   390,354 0 0
NUVEEN DIV ADVANTAGE MUN FD COM 67070F100 266 20,954 SH   DFND   20,954 0 0
NUVEEN DIVERSIFIED COMMODTY COM UT BEN INT 67074P104 2,840 187,205 SH   DFND   187,205 0 0
NUVEEN DIVID ADVANTAGE MUN F COM 67066V101 923 73,293 SH   DFND   73,293 0 0
NUVEEN ENHANCED MUN VALUE FD COM 67074M101 759 58,554 SH   DFND   58,554 0 0
NUVEEN FLEXIBLE INVT INCOME COM 67075B104 787 47,757 SH   DFND   47,757 0 0
NUVEEN INVT QUALITY MUN FD I COM 67062E103 1,323 97,778 SH   DFND   97,778 0 0
NUVEEN LG/SHT COMMODITY TOTR COM UT BEN INT 670731108 7,317 424,904 SH   DFND   424,904 0 0
NUVEEN MD PREM INCOME MUN FD COM 67061Q107 259 21,715 SH   DFND   21,715 0 0
NUVEEN MUN ADVANTAGE FD INC COM 67062H106 1,098 90,260 SH   DFND   90,260 0 0
NUVEEN MUN HIGH INCOME OPP F COM 670682103 298 24,834 SH   DFND   24,834 0 0
NUVEEN MUN MKT OPPORTUNITY F COM 67062W103 2,444 203,669 SH   DFND   203,669 0 0
NUVEEN MUN OPPORTUNITY FD IN COM 670984103 2,293 173,482 SH   DFND   173,482 0 0
NUVEEN MUN VALUE FD INC COM 670928100 668 73,900 SH   DFND   73,900 0 0
NUVEEN OHIO QUALITY INCOME M COM 670980101 195 14,000 SH   DFND   14,000 0 0
NUVEEN PA INVT QUALITY MUN F COM 670972108 244 19,733 SH   DFND   19,733 0 0
NUVEEN PA PREM INCOME MUN FD COM 67061F101 717 60,278 SH   DFND   60,278 0 0
NUVEEN PERFORMANCE PLUS MUN COM 67062P108 1,125 83,123 SH   DFND   83,123 0 0
NUVEEN PREM INCOME MUN FD COM 67062T100 711 57,695 SH   DFND   57,695 0 0
NUVEEN PREM INCOME MUN FD 2 COM 67063W102 2,559 203,915 SH   DFND   203,915 0 0
NUVEEN PREM INCOME MUN FD 4 COM 6706K4105 264 21,750 SH   DFND   21,750 0 0
NUVEEN PREMIER MUN INCOME FD COM 670988104 1,885 152,390 SH   DFND   152,390 0 0
NUVEEN QUALITY INCOME MUN FD COM 670977107 420 34,255 SH   DFND   34,255 0 0
NUVEEN QUALITY MUN FD INC COM 67062N103 452 37,377 SH   DFND   37,377 0 0
NUVEEN REAL ESTATE INCOME FD COM 67071B108 256 26,881 SH   DFND   26,881 0 0
NUVEEN SHT DUR CR OPP FD COM 67074X107 1,463 77,640 SH   DFND   77,640 0 0
OMNICOM GROUP INC COM 681919106 5 38,000 SH Put DFND   38,000 0 0
PACHOLDER HIGH YIELD FD INC COM 693742108 95 12,100 SH   DFND   12,100 0 0
PENNEY J C INC COM 708160106 8 48,800 SH Put DFND   48,800 0 0
PENNEY J C INC COM 708160106 1,208 132,000 SH   DFND   132,000 0 0
PEPSICO INC COM 713448108 28 15,000 SH Call DFND   15,000 0 0
PETSMART INC COM 716768106 3,174 43,635 SH   DFND   43,635 0 0
PETSMART INC COM 716768106 9 36,000 SH Call DFND   36,000 0 0
PETSMART INC COM 716768106 192 71,400 SH Put DFND   71,400 0 0
PFIZER INC COM 717081103 52 35,000 SH Call DFND   35,000 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 9,263 412,071 SH   DFND   412,071 0 0
PIMCO MUN INCOME FD II COM 72200W106 1,649 154,661 SH   DFND   154,661 0 0
PIMCO NEW YORK MUN INCM FD 1 COM 72201E105 390 45,081 SH   DFND   45,081 0 0
PIMCO STRATEGIC GBL GOV FD I COM 72200X104 407 41,618 SH   DFND   41,618 0 0
PNC FINL SVCS GROUP INC COM 693475105 68 60,000 SH Call DFND   60,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 31 60,000 SH Put DFND   60,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 19,791 225,002 SH   DFND   225,002 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 113 150,000 SH Put DFND   150,000 0 0
PRINCIPAL REAL ESTATE INCOME SHS BEN INT 74255X104 1,888 110,711 SH   DFND   110,711 0 0
PUTNAM MANAGED MUN INCOM TR COM 746823103 1,084 163,200 SH   DFND   163,200 0 0
QR ENERGY LP UNIT LTD PRTNS 74734R108 342 20,000 SH   DFND   20,000 0 0
RADIAN GROUP INC COM 750236101 147 10,400 SH   DFND   10,400 0 0
RAMCO-GERSHENSON PPTYS TR PERP PFD-D CV 751452608 22,047 373,807 SH   DFND   373,807 0 0
REMY INTL INC COM 759663107 2,956 126,745 SH   DFND   126,745 0 0
ROSS STORES INC COM 778296103 1,893 531,100 SH Put DFND   531,100 0 0
ROSS STORES INC COM 778296103 764 300,700 SH Call DFND   300,700 0 0
ROSS STORES INC COM 778296103 10,887 145,299 SH   DFND   145,299 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1,425 20,000 SH   DFND   20,000 0 0
SCHLUMBERGER LTD COM 806857108 6,771 75,143 SH   DFND   75,143 0 0
SCHLUMBERGER LTD COM 806857108 514 130,200 SH Call DFND   130,200 0 0
SCHLUMBERGER LTD COM 806857108 876 440,600 SH Put DFND   440,600 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 885 15,964 SH   DFND   15,964 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 220 147,700 SH Call DFND   147,700 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 151 196,400 SH Call DFND   196,400 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 266 120,000 SH Call DFND   120,000 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 1,780 20,111 SH   DFND   20,111 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 697 463,000 SH Call DFND   463,000 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 256 350,000 SH Put DFND   350,000 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 892 40,800 SH   DFND   40,800 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 2,273 43,500 SH   DFND   43,500 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 87 39,900 SH Call DFND   39,900 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 101 136,300 SH Put DFND   136,300 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 319 222,500 SH Call DFND   222,500 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 29 40,000 SH Put DFND   40,000 0 0
SIRIUS XM HLDGS INC COM 82968B103 113 32,460 SH   DFND   32,460 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 53 50,000 SH Put DFND   50,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 57,360 310,575 SH   DFND   310,575 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 560 175,000 SH Call DFND   175,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 436 784,900 SH Put DFND   784,900 0 0
ST JUDE MED INC COM 790849103 780 40,000 SH Call DFND   40,000 0 0
TARGET CORP COM 87612E106 2,294 36,256 SH   DFND   36,256 0 0
TARGET CORP COM 87612E106 2 20,400 SH Call DFND   20,400 0 0
TARGET CORP COM 87612E106 270 40,000 SH Put DFND   40,000 0 0
THL CR SR LN FD COM 87244R103 642 34,950 SH   DFND   34,950 0 0
TIME WARNER CABLE INC COM 88732J207 174 56,000 SH Call DFND   56,000 0 0
TIME WARNER CABLE INC COM 88732J207 16 33,100 SH Put DFND   33,100 0 0
TIME WARNER INC COM NEW 887317303 26 10,000 SH Call DFND   10,000 0 0
TIVO INC COM 888706108 394 30,000 SH   DFND   30,000 0 0
TRANSOCEAN LTD REG SHS H8817H100 1 2,399,080 SH   DFND   2,399,080 0 0
TRANSOCEAN LTD REG SHS H8817H100 68 25,800 SH Call DFND   25,800 0 0
TRANSOCEAN LTD REG SHS H8817H100 14 25,800 SH Put DFND   25,800 0 0
TWITTER INC COM 90184L102 1 20,000 SH Put DFND   20,000 0 0
UNITED MICROELECTRONICS CORP SPON ADR NEW 910873405 4,925 2,414,366 SH   DFND   2,414,366 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 319 357,800 SH Put DFND   357,800 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 770 21,800 SH   DFND   21,800 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 201 609,100 SH Call DFND   609,100 0 0
VALE S A ADR 91912E105 4,921 322,700 SH   DFND   322,700 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 11,001 223,875 SH   DFND   223,875 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 41 80,000 SH Call DFND   80,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 139 150,000 SH Put DFND   150,000 0 0
VIACOM INC NEW CL A 92553P102 1,738 19,800 SH   DFND   19,800 0 0
VIACOM INC NEW CL B 92553P201 27 10,000 SH Call DFND   10,000 0 0
VIRTUS GLOBAL MULTI-SEC INC COM 92829B101 2,398 141,733 SH   DFND   141,733 0 0
WAL-MART STORES INC COM 931142103 3,541 45,003 SH   DFND   45,003 0 0
WAL-MART STORES INC COM 931142103 14 57,800 SH Call DFND   57,800 0 0
WAL-MART STORES INC COM 931142103 67 180,400 SH Put DFND   180,400 0 0
WELLS FARGO & CO NEW COM 949746101 4,086 90,000 SH   DFND   90,000 0 0
WESTERN ASSET EMRG MKT INCM COM 95766E103 748 63,173 SH   DFND   63,173 0 0
WHITEWAVE FOODS CO COM CL A 966244105 3,577 155,923 SH   DFND   155,923 0 0
WHOLE FOODS MKT INC COM 966837106 894 80,000 SH Call DFND   80,000 0 0
WIPRO LTD SPON ADR 1 SH 97651M109 266 21,110 SH   DFND   21,110 0 0
WYNN RESORTS LTD COM 983134107 3,177 56,600 SH Call DFND   56,600 0 0
WYNN RESORTS LTD COM 983134107 10 131,000 SH Put DFND   131,000 0 0
XILINX INC COM 983919101 965 21,007 SH   DFND   21,007 0 0
XILINX INC COM 983919101 146 80,000 SH Call DFND   80,000 0 0
XILINX INC COM 983919101 46 80,000 SH Put DFND   80,000 0 0
YAHOO INC COM 984332106 119 30,000 SH Call DFND   30,000 0 0
YANDEX N V SHS CLASS A N97284108 2,832 65,620 SH   DFND   65,620 0 0