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
ABERDEEN ASIA PACIFIC INCOM COM 003009107 838 200,000 SH   DFND   200,000 0 0
ACT II GLOBAL ACQUISITION CO UNIT 04/30/2026 G0080J112 422 40,700 SH   DFND   40,700 0 0
ADAM NAT RES FD INC COM 00548F105 1,099 69,400 SH Call DFND   69,400 0 0
ADAM NAT RES FD INC COM 00548F105 906 57,221 SH   DFND   57,221 0 0
AGBA ACQUISITION LTD UNIT 05/10/2024 G0120M133 516 50,691 SH   DFND   50,691 0 0
ALTAIR ENGR INC NOTE 0.250% 6/0 021369AA1 1,266 1,255,000 PRN   DFND   1,255,000 0 0
ALTERYX INC NOTE 0.500% 6/0 02156BAB9 883 910,000 PRN   DFND   910,000 0 0
ALTRIA GROUP INC COM 02209S103 614 15,000 SH Call DFND   15,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 405 15,000 SH Put DFND   15,000 0 0
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 3,843 269,445 SH   DFND   269,445 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 8,355 150,000 SH Call DFND   150,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 8,578 154,000 SH Put DFND   154,000 0 0
APEX TECHNOLOGY ACQUISITN CO UNIT 06/11/2026 03768F201 1,019 100,000 SH   DFND   100,000 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 3,771 313,693 SH   DFND   313,693 0 0
AT&T INC COM 00206R102 946 25,000 SH Call DFND   25,000 0 0
AXALTA COATING SYS LTD COM G0750C108 603 20,000 SH Call DFND   20,000 0 0
AXALTA COATING SYS LTD COM G0750C108 151 5,000 SH Put DFND   5,000 0 0
AXALTA COATING SYS LTD COM G0750C108 151 5,000 SH   DFND   5,000 0 0
BANCO MACRO SA SPON ADR B 05961W105 476 18,300 SH Call DFND   18,300 0 0
BANCO MACRO SA SPON ADR B 05961W105 398 15,300 SH Put DFND   15,300 0 0
BLINK CHARGING CO *W EXP 01/31/202 09354A118 15 33,628 SH   DFND   33,628 0 0
BLINK CHARGING CO COM 09354A100 33 12,636 SH   DFND   12,636 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 994 19,600 SH   DFND   19,600 0 0
CAESARS ENTMT CORP COM 127686103 368 31,600 SH Put DFND   31,600 0 0
CAESARS ENTMT CORP COM 127686103 881 75,600 SH   DFND   75,600 0 0
CAESARS ENTMT CORP NOTE 5.000%10/0 127686AA1 0 82 PRN   DFND   82 0 0
CARNIVAL PLC ADR 14365C103 1,265 30,077 SH   DFND   30,077 0 0
CENTRAL GARDEN & PET CO COM 153527106 284 9,706 SH   DFND   9,706 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 3,026 3,600 SH Put DFND   3,600 0 0
CLOUDERA INC COM 18914U100 427 48,200 SH   DFND   48,200 0 0
CONSTELLIUM SE CL A N22035104 1,053 82,873 SH   DFND   82,873 0 0
CONYERS PK II ACQUISITION CO UNIT 99/99/9999 212896203 213 20,000 SH   DFND   20,000 0 0
CRAWFORD & CO CL B 224633107 178 17,671 SH   DFND   17,671 0 0
CRESCENT ACQUISITION CORP UNIT 99/99/9999 22564L204 437 43,009 SH   DFND   43,009 0 0
CRESUD S A C I F Y A SPONSORED ADR 226406106 504 85,200 SH Call DFND   85,200 0 0
CRESUD S A C I F Y A SPONSORED ADR 226406106 4 700 SH Put DFND   700 0 0
CROWN HOLDINGS INC COM 228368106 2,218 33,580 SH   DFND   33,580 0 0
DEL TACO RESTAURANTS INC *W EXP 06/30/202 245496112 292 423,396 SH   DFND   423,396 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 850 14,750 SH   DFND   14,750 0 0
DOLLAR TREE INC COM 256746108 1,142 10,000 SH   DFND   10,000 0 0
ELECTRAMECCANICA VEHS CORP *W EXP 08/03/202 284849114 61 135,126 SH   DFND   135,126 0 0
ELECTRAMECCANICA VEHS CORP COM NEW 284849205 5 2,500 SH Call DFND   2,500 0 0
ELECTRAMECCANICA VEHS CORP COM NEW 284849205 160 78,800 SH Put DFND   78,800 0 0
EXPERIENCE INVESTMENT CORP UNIT 09/01/2026 30217C208 1,001 100,000 SH   DFND   100,000 0 0
FALCON MINERALS CORP *W EXP 07/21/202 30607B208 16 46,731 SH   DFND   46,731 0 0
FELLAZO INC UNIT 99/99/9999 G3362K104 362 36,393 SH   DFND   36,393 0 0
FOX CORP CL B COM 35137L204 1,491 47,266 SH   DFND   47,266 0 0
FREEPORT-MCMORAN INC CL B 35671D857 287 30,000 SH   DFND   30,000 0 0
GIGCAPITAL2 INC UNIT 02/28/2026 375036209 520 50,500 SH   DFND   50,500 0 0
GREENLIGHT CAP RE LTD NOTE 4.000% 8/0 395366AB3 484 513,000 PRN   DFND   513,000 0 0
GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 32 3,014 SH   DFND   3,014 0 0
GX ACQUISITION CORP UNIT 05/24/2026 36251A206 585 52,747 SH   DFND   52,747 0 0
HAYMAKER ACQUISITION CORP II UNIT 10/31/2026 42087L200 413 40,000 SH   DFND   40,000 0 0
HIGHLAND INCOME FUND HIGHLAND INCOME 43010E404 5,504 412,265 SH   DFND   412,265 0 0
HILTON GRAND VACATIONS INC COM 43283X105 1,319 41,230 SH   DFND   41,230 0 0
HILTON WORLDWIDE HLDGS INC COM 43300A203 1,248 13,400 SH Put DFND   13,400 0 0
HOSTESS BRANDS INC *W EXP 11/04/202 44109J114 773 451,807 SH   DFND   451,807 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 2,168 152,580 SH   DFND   152,580 0 0
INTL PAPER CO COM 460146103 418 10,000 SH   DFND   10,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432 147,086 1,028,000 SH Put DFND   1,028,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 785 9,000 SH Call DFND   9,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 785 9,000 SH Put DFND   9,000 0 0
ISHARES TR JPMORGAN USD EMG 464288281 107,342 947,000 SH Put DFND   947,000 0 0
ISHARES TR JPMORGAN USD EMG 464288281 87,891 775,393 SH   DFND   775,393 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 1,608 10,628 SH   DFND   10,628 0 0
JAZZ INVESTMENTS I LTD NOTE 1.500% 8/1 472145AD3 1,350 1,400,000 PRN   DFND   1,400,000 0 0
LIBERTY TRIPADVISOR HLDGS IN COM SER A 531465102 261 27,700 SH Call DFND   27,700 0 0
LIBERTY TRIPADVISOR HLDGS IN COM SER A 531465102 21 2,200 SH Put DFND   2,200 0 0
LIBERTY TRIPADVISOR HLDGS IN COM SER A 531465102 695 73,812 SH   DFND   73,812 0 0
LOMA NEGRA CORP SPONSORED ADS 54150E104 286 49,800 SH Call DFND   49,800 0 0
LOMA NEGRA CORP SPONSORED ADS 54150E104 231 40,100 SH Put DFND   40,100 0 0
LOWES COS INC COM 548661107 1,276 11,600 SH Put DFND   11,600 0 0
LYFT INC CL A COM 55087P104 841 20,600 SH Put DFND   20,600 0 0
LYFT INC CL A COM 55087P104 20 500 SH   DFND   500 0 0
MAG SILVER CORP COM 55903Q104 1,408 100,000 SH Call DFND   100,000 0 0
MARRIOTT VACTINS WORLDWID CO COM 57164Y107 2,804 27,060 SH   DFND   27,060 0 0
MARRIOTT VACTINS WORLDWID CO NOTE 1.500% 9/1 57164YAB3 1,532 1,521,000 PRN   DFND   1,521,000 0 0
MICROSOFT CORP COM 594918104 492 3,540 SH   DFND   3,540 0 0
MYLAN N V SHS EURO N59465109 1,143 57,800 SH Call DFND   57,800 0 0
NATIONAL ENERGY SERVICES REU *W EXP 05/05/202 G6375R115 80 200,500 SH   DFND   200,500 0 0
NEW PROVIDENCE ACQUISITIN CO UNIT 09/01/2024 64822P205 404 40,000 SH   DFND   40,000 0 0
NEW RELIC INC COM 64829B100 246 4,000 SH Call DFND   4,000 0 0
NEW RELIC INC NOTE 0.500% 5/0 64829BAB6 1,441 1,520,000 PRN   DFND   1,520,000 0 0
NEWMONT GOLDCORP CORPORATION COM 651639106 1,896 50,000 SH Call DFND   50,000 0 0
NEXPOINT STRATEGIC OPORTUNT COM NEW 65340G205 468 26,119 SH   DFND   26,119 0 0
NOMAD FOODS LTD USD ORD SHS G6564A105 410 20,000 SH   DFND   20,000 0 0
NRC GROUP HLDGS CORP *W EXP 10/17/202 629375114 47 20,000 SH   DFND   20,000 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 239 31,986 SH   DFND   31,986 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 493 51,682 SH   DFND   51,682 0 0
OAKTREE ACQUISITION CORP UNIT 99/99/9999 G67145121 356 35,000 SH   DFND   35,000 0 0
ONESPAWORLD HOLDINGS LIMITED COM P73684113 1,506 97,000 SH   DFND   97,000 0 0
PFIZER INC COM 717081103 1,814 50,500 SH Call DFND   50,500 0 0
PGIM HIGH YIELD BOND FUND IN COM 69346H100 1,196 80,025 SH   DFND   80,025 0 0
PINDUODUO INC SPONSORED ADS 722304102 1,917 59,500 SH Call DFND   59,500 0 0
PINDUODUO INC SPONSORED ADS 722304102 483 15,000 SH Put DFND   15,000 0 0
PIVOTAL INVT CORP II UNIT 06/01/2025 72582K209 509 50,014 SH   DFND   50,014 0 0
REALPAGE INC COM 75606N109 971 15,445 SH   DFND   15,445 0 0
REDFIN CORP COM 75737F108 168 10,000 SH Call DFND   10,000 0 0
REDFIN CORP NOTE 1.750% 7/1 75737FAA6 1,380 1,500,000 PRN   DFND   1,500,000 0 0
REPLAY ACQUISITION CORP UNIT 03/01/2024 G75130123 359 35,000 SH   DFND   35,000 0 0
RESTAURANT BRANDS INTL INC COM 76131D103 1,949 27,400 SH Put DFND   27,400 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 329 5,500 SH   DFND   5,500 0 0
SEAWORLD ENTMT INC COM 81282V100 1,850 70,300 SH   DFND   70,300 0 0
SHAKE SHACK INC CL A 819047101 2,843 29,000 SH Put DFND   29,000 0 0
SILVER SPIKE ACQUISITION COR UNIT 99/99/9999 G8136L122 863 85,500 SH   DFND   85,500 0 0
SOHU COM LTD SPONSORED ADS 83410S108 265 26,114 SH   DFND   26,114 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,777 20,000 SH Put DFND   20,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,083 15,000 SH   DFND   15,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 136,217 459,000 SH Call DFND   459,000 0 0
STARBUCKS CORP COM 855244109 1,238 14,000 SH Put DFND   14,000 0 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209 288 28,800 SH Call DFND   28,800 0 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209 273 27,300 SH Put DFND   27,300 0 0
TESLA INC COM 88160R101 2,409 10,000 SH Put DFND   10,000 0 0
TUSCAN HLDGS CORP II UNIT 04/01/2026 90070A202 402 40,000 SH   DFND   40,000 0 0
TWITTER INC NOTE 0.250% 6/1 90184LAF9 1,049 988,000 PRN   DFND   988,000 0 0
U S WELL SVCS INC *W EXP 03/15/202 91274U119 150 499,000 SH   DFND   499,000 0 0
UBER TECHNOLOGIES INC COM 90353T100 652 21,400 SH Put DFND   21,400 0 0
UBER TECHNOLOGIES INC COM 90353T100 15 500 SH   DFND   500 0 0
UBS AG LONDON BRH ETRACS MTH 2XLV 90270L842 842 59,620 SH   DFND   59,620 0 0
UNITED STATES STL CORP NEW COM 912909108 2,310 200,000 SH Put DFND   200,000 0 0
US FOODS HLDG CORP COM 912008109 1,380 33,585 SH   DFND   33,585 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 5,342 200,000 SH Put DFND   200,000 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 1,777 66,543 SH   DFND   66,543 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 1,159 31,957 SH   DFND   31,957 0 0
VERB TECHNOLOGY CO INC *W EXP 03/14/202 92337U112 9 24,117 SH   DFND   24,117 0 0
VONAGE HLDGS CORP COM 92886T201 68 6,000 SH Call DFND   6,000 0 0
VONAGE HLDGS CORP COM 92886T201 583 51,600 SH Put DFND   51,600 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 1,046 222,176 SH   DFND   222,176 0 0
WILLSCOT CORP COM 971375126 2,077 133,280 SH   DFND   133,280 0 0
WORKIVA INC COM CL A 98139A105 219 5,000 SH Call DFND   5,000 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 313 33,800 SH Call DFND   33,800 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 53 5,700 SH Put DFND   5,700 0 0
YY INC SPONSORED ADS A 98426T106 281 5,000 SH Call DFND   5,000 0 0
ZAYO GROUP HLDGS INC COM 98919V105 2,552 75,279 SH   DFND   75,279 0 0
ZILLOW GROUP INC NOTE 2.000%12/0 98954MAB7 864 870,000 PRN   DFND   870,000 0 0
ZIONS BANCORPORATION N A *W EXP 05/21/202 989701115 3,163 264,996 SH   DFND   264,996 0 0
ZIONS BANCORPORATION N A COM 989701107 4,452 100,000 SH Call DFND   100,000 0 0
ZIONS BANCORPORATION N A COM 989701107 4,452 100,000 SH Put DFND   100,000 0 0