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
FXI US 01/20/17 P45 Equity Option 46428CHDO 2,055 2,000 SH Put DFND   2,000 0 0
EEM US 01/20/17 P40 Equity Option 46428949N 1,256 2,500 SH Put DFND   2,500 0 0
AMEC FOSTER WHEELER-SPN ADR ADR 00167X205 951 166,620 SH   DFND   166,620 0 0
AU OPTRONICS CORP-SPON ADR ADR 002255107 698 197,241 SH   DFND   197,241 0 0
ADVANCED SEMICONDUCTOR E-ADR ADR 00756M404 1,129 224,043 SH   DFND   224,043 0 0
AGNICO EAGLE MINES LTD Common Stock 008474108 934 22,230 SH   DFND   22,230 0 0
ALACER GOLD CORP Common Stock 010679108 48 28,916 SH   DFND   28,916 0 0
ALAMOS GOLD INC-CLASS A Common Stock 011532108 1,561 228,168 SH   DFND   228,168 0 0
ALIBABA GROUP HOLDING-SP ADR ADR 01609W102 7,015 79,893 SH   DFND   79,893 0 0
ANGLOGOLD ASHANTI-SPON ADR ADR 035128206 638 60,697 SH   DFND   60,697 0 0
ANHEUSER-BUSCH INBEV-SPN ADR ADR 03524A108 18,106 171,715 SH   DFND   171,715 0 0
ARCELORMITTAL-NY REGISTERED NY Reg Shrs 03938L104 2,479 339,602 SH   DFND   339,602 0 0
ASANKO GOLD INC Common Stock 04341Y105 1,054 344,573 SH   DFND   344,573 0 0
ASTRAZENECA PLC-SPONS ADR ADR 046353108 2,585 94,618 SH   DFND   94,618 0 0
AUTOLIV INC Common Stock 052800109 5,285 46,706 SH   DFND   46,706 0 0
BHP BILLITON PLC-ADR ADR 05545E209 397 12,611 SH   DFND   12,611 0 0
BP PLC-SPONS ADR ADR 055622104 7,783 208,211 SH   DFND   208,211 0 0
BAIDU INC - SPON ADR ADR 056752108 3,059 18,608 SH   DFND   18,608 0 0
BANCO BRADESCO-ADR ADR 059460303 1,822 209,196 SH   DFND   209,196 0 0
BANCO SANTANDER SA-SPON ADR ADR 05964H105 2,892 558,311 SH   DFND   558,311 0 0
BANCO SANTANDER BRASIL-ADS ADR 05967A107 95 10,721 SH   DFND   10,721 0 0
IPATH S&P GSCI CRUDE OIL TR ETP 06738C786 4,660 736,237 SH   DFND   736,237 0 0
IPATH GSCI TOTAL RETURN INDX ETP 06738C794 496 33,806 SH   DFND   33,806 0 0
BARCLAYS PLC-SPONS ADR ADR 06738E204 1,721 156,498 SH   DFND   156,498 0 0
IPATH MSCI INDIA INDEX ETN ETP 06739F291 2,133 34,079 SH   DFND   34,079 0 0
IPATH BLOOMBERG SUGAR SUBIND ETP 06739H214 278 6,416 SH   DFND   6,416 0 0
IPATH BLOOMBERG NATURAL GAS ETP 06739H644 186 273,706 SH   DFND   273,706 0 0
IPATH S&P 500 VIX S/T FU ETN ETP 06740Q252 1,052 41,253 SH   DFND   41,253 0 0
BARRICK GOLD CORP Common Stock 067901108 726 45,417 SH   DFND   45,417 0 0
BHP BILLITON LTD-SPON ADR ADR 088606108 2,010 56,180 SH   DFND   56,180 0 0
BRITISH AMERICAN TOB-SP ADR ADR 110448107 8,188 72,672 SH   DFND   72,672 0 0
B2GOLD CORP Common Stock 11777Q209 1,338 564,372 SH   DFND   564,372 0 0
CRH PLC-SPONSORED ADR ADR 12626K203 9,059 263,482 SH   DFND   263,482 0 0
CSOP FTSE CHINA A50 ETF ETP 12649L105 394 30,387 SH   DFND   30,387 0 0
CAMBRIA GLOBAL VALUE ETF ETP 132061409 831 41,146 SH   DFND   41,146 0 0
CELLECTIS - ADR ADR 15117K103 186 10,956 SH   DFND   10,956 0 0
CENTERRA GOLD INC Common Stock 152006102 1,222 261,251 SH   DFND   261,251 0 0
CENTRAL FUND CANADA LTD-A Closed-End Fund 153501101 213 18,855 SH   DFND   18,855 0 0
CHINA LIFE INSURANCE CO-ADR ADR 16939P106 6,838 531,327 SH   DFND   531,327 0 0
CHINA UNICOM HONG KONG-ADR ADR 16945R104 4,342 375,928 SH   DFND   375,928 0 0
CHUNGHWA TELECOM LT-SPON ADR ADR 17133Q502 1,412 44,760 SH   DFND   44,760 0 0
GUGGENHEIM S&P GLOBAL DIVIDE ETP 18383M860 221 21,807 SH   DFND   21,807 0 0
GUGGENHEIM S&P GLOBAL WATER ETP 18383Q507 491 17,263 SH   DFND   17,263 0 0
GUGGENHEIM SOLAR ETF ETP 18383Q739 220 13,274 SH   DFND   13,274 0 0
GUGGENHEIM INTERNATIONAL MUL ETP 18383Q804 577 38,261 SH   DFND   38,261 0 0
GUGGENHEIM FRONTIER MARKETS ETP 18383Q838 549 47,535 SH   DFND   47,535 0 0
GUGGENHEIM CHINA SMALL CAP E ETP 18383Q853 925 41,500 SH   DFND   41,500 0 0
GUGGENHEIM CHINA REAL ESTATE ETP 18383Q861 1,340 68,544 SH   DFND   68,544 0 0
GUGGENHEIM CHINA ALL-CAP ETF ETP 18385P101 650 26,746 SH   DFND   26,746 0 0
COLUMBIA BEYOND BRICS ETF ETP 19762B103 2,916 196,354 SH   DFND   196,354 0 0
COLUMBIA EM CORE EX-CHINA ET ETP 19762B202 234 10,339 SH   DFND   10,339 0 0
COLUMBIA EM QUALITY DIVIDEND ETP 19762B301 431 34,106 SH   DFND   34,106 0 0
COLUMBIA EMERGING MARKETS CO ETP 19762B509 769 34,710 SH   DFND   34,710 0 0
COLUMBIA INDIA CONSUMER ETF ETP 19762B707 1,130 34,877 SH   DFND   34,877 0 0
COLUMBIA INDIA INFRASTRUCTUR ETP 19762B806 838 79,362 SH   DFND   79,362 0 0
COLUMBIA INDIA SMALL CAP ETF ETP 19762B889 2,006 142,343 SH   DFND   142,343 0 0
CIA ENERGETICA DE-SPON ADR ADR 204409601 127 55,683 SH   DFND   55,683 0 0
CIA SIDERURGICA NACL-SP ADR ADR 20440W105 328 101,513 SH   DFND   101,513 0 0
CREDIT SUISSE GROUP-SPON ADR ADR 225401108 1,171 81,829 SH   DFND   81,829 0 0
DEUTSCHE X-TRACKERS MSCI EAF ETP 233051200 12,965 462,051 SH   DFND   462,051 0 0
DEUTSCHE X-TRACKERS MSCI BRA ETP 233051309 331 32,243 SH   DFND   32,243 0 0
DEUTSCHE X-TRACKERS MSCI GER ETP 233051408 1,828 72,522 SH   DFND   72,522 0 0
DEUTSCHE X-TRACKERS MSCI JAP ETP 233051507 3,133 84,173 SH   DFND   84,173 0 0
DEUTSCHE X-TRACKERS FTSE DEV ETP 233051515 374 15,662 SH   DFND   15,662 0 0
DEUTSCHE X-TRACKERS JAPAN JP ETP 233051663 691 28,960 SH   DFND   28,960 0 0
DEUTSCHE X-TRACKERS HARVEST ETP 233051754 1,588 49,165 SH   DFND   49,165 0 0
DEUTSCHE X-TRACKERS MSCI MEX ETP 233051796 309 15,696 SH   DFND   15,696 0 0
DEUTSCHE X-TRACKERS MSCI SOU ETP 233051812 7,693 313,739 SH   DFND   313,739 0 0
DEUTSCHE X-TRACKERS MSCI ALL ETP 233051820 813 33,894 SH   DFND   33,894 0 0
DEUTSCHE X-TRACKERS MSCI EUR ETP 233051853 1,973 77,785 SH   DFND   77,785 0 0
DEUTSCHE X-TRACKERS MSCI UNI ETP 233051861 381 18,863 SH   DFND   18,863 0 0
DEUTSCHE X-TRACKERS HARVEST ETP 233051879 5,578 237,853 SH   DFND   237,853 0 0
DETOUR GOLD CORP Common Stock 250669108 669 49,206 SH   DFND   49,206 0 0
DB AGRICULTURE DOUBLE LONG ETP 25154H558 292 83,911 SH   DFND   83,911 0 0
DIAGEO PLC-SPONSORED ADR ADR 25243Q205 4,345 41,800 SH   DFND   41,800 0 0
DRXN D CSI CH A-SHR BEAR 1X ETP 25459Y116 7,225 169,077 SH   DFND   169,077 0 0
DIREXION DAILY MSCI INDIA BU ETP 25490K331 1,078 24,002 SH   DFND   24,002 0 0
ENI SPA-SPONSORED ADR ADR 26874R108 1,490 46,231 SH   DFND   46,231 0 0
VIDENT INTERNATIONAL EQUITY ETP 26922A404 591 27,492 SH   DFND   27,492 0 0
PUREFUNDS ISE CYBER SECURITY ETP 26924G201 804 30,415 SH   DFND   30,415 0 0
EMPIRE STATE REALTY OP LP-ES Ltd Part 292102100 921 46,112 SH   DFND   46,112 0 0
EMPIRE STATE REALTY OP-S60 Ltd Part 292102209 625 31,257 SH   DFND   31,257 0 0
ENDEAVOUR SILVER CORP Common Stock 29258Y103 450 127,713 SH   DFND   127,713 0 0
ENEL AMERICAS SA-ADR ADR 29274F104 182 22,161 SH   DFND   22,161 0 0
ENEL CHILE SA ADR 29278D105 69 15,185 SH   DFND   15,185 0 0
ERICSSON (LM) TEL-SP ADR ADR 294821608 4,640 795,942 SH   DFND   795,942 0 0
FIRST TRUST CHINDIA ETF ETP 33733A102 590 21,577 SH   DFND   21,577 0 0
FIRST TRUST BICK INDEX FUND ETP 33733H107 1,403 64,587 SH   DFND   64,587 0 0
FIRST TRUST DJ GL SEL DVD ETP 33734X200 257 11,028 SH   DFND   11,028 0 0
FIRST TRUST INTL IPO ETF ETP 33734X853 1,252 48,908 SH   DFND   48,908 0 0
FT FTSE EPRA/NAREIT REAL EST ETP 33736N101 1,425 33,676 SH   DFND   33,676 0 0
FIRST TRUST ASIA PAC EX-JAPN ETP 33737J109 517 19,013 SH   DFND   19,013 0 0
FIRST TRUST CHINA ETP 33737J141 431 22,663 SH   DFND   22,663 0 0
FIRST TRUST JAPAN ETP 33737J158 531 11,156 SH   DFND   11,156 0 0
FIRST TRUST SOUTH KOREA ETP 33737J166 947 43,365 SH   DFND   43,365 0 0
FIRST TRUST DEVELP MKT EX-US ETP 33737J174 292 6,183 SH   DFND   6,183 0 0
FIRST TRUST EMERGING MARKETS ETP 33737J182 429 21,134 SH   DFND   21,134 0 0
FIRST TRUST SWITZERLAND ETP 33737J232 282 6,908 SH   DFND   6,908 0 0
FIRST TRUST HONG KONG ETP 33737J240 375 11,633 SH   DFND   11,633 0 0
FIRST TRUST TAIWAN ETP 33737J257 1,203 39,259 SH   DFND   39,259 0 0
FIRST TRUST EMERGING MARKETS ETP 33737J307 2,204 73,119 SH   DFND   73,119 0 0
FT TACTICAL HIGH YIELD ETF ETP 33738D408 1,199 24,856 SH   DFND   24,856 0 0
FIRST TRUST DW FOCUS 5 INTL ETP 33738R886 709 41,639 SH   DFND   41,639 0 0
FIRST TRUST GLOBAL TACTICAL ETP 33739H101 812 39,798 SH   DFND   39,798 0 0
FLEXSHARES MORNINGSTAR EMERG ETP 33939L308 2,187 47,580 SH   DFND   47,580 0 0
FLEXSHARES GLOBAL UPSTREAM N ETP 33939L407 583 20,338 SH   DFND   20,338 0 0
FORTUNA SILVER MINES INC Common Stock 349915108 940 166,419 SH   DFND   166,419 0 0
FRANCO-NEVADA CORP Common Stock 351858105 1,456 24,366 SH   DFND   24,366 0 0
FRESENIUS MEDICAL CARE-ADR ADR 358029106 2,507 59,385 SH   DFND   59,385 0 0
GAFISA SA-ADR ADR 362607301 49 43,822 SH   DFND   43,822 0 0
GALAPAGOS NV-SPON ADR ADR 36315X101 731 11,391 SH   DFND   11,391 0 0
GAZPROM PAO -SPON ADR ADR 368287207 2,868 566,333 SH   DFND   566,333 0 0
GERDAU SA -SPON ADR ADR 373737105 1,167 371,763 SH   DFND   371,763 0 0
GLAXOSMITHKLINE PLC-SPON ADR ADR 37733W105 4,917 127,672 SH   DFND   127,672 0 0
GLOBAL X MSCI PORTUGAL ETF ETP 37950E192 391 42,027 SH   DFND   42,027 0 0
GLOBAL X NEXT EMERGING & FRO ETP 37950E218 617 33,405 SH   DFND   33,405 0 0
GLOBAL X MSCI GREECE ETF ETP 37950E366 201 25,798 SH   DFND   25,798 0 0
GLOBAL X CHINA CONSUMER ETF ETP 37950E408 1,016 90,754 SH   DFND   90,754 0 0
GLOBAL X SOCIAL MEDIA INDEX ETP 37950E416 455 21,040 SH   DFND   21,040 0 0
GLOBAL X CHINA ENERGY ETF ETP 37950E507 145 14,867 SH   DFND   14,867 0 0
GLOBAL X SUPERDIVIDEND ETF ETP 37950E549 1,395 67,040 SH   DFND   67,040 0 0
GLOBAL X SOUTHEAST ASIA ETF ETP 37950E648 599 46,853 SH   DFND   46,853 0 0
GLOBAL X CHINA INDUSTRIALS ETP 37950E705 220 18,541 SH   DFND   18,541 0 0
GLOBAL X MSCI NORWAY ETF ETP 37950E747 290 26,236 SH   DFND   26,236 0 0
GLOBAL X BRAZIL MID CAP ETF ETP 37950E788 404 45,429 SH   DFND   45,429 0 0
GLOBAL X BRAZIL CONSUMER ETF ETP 37950E846 258 21,395 SH   DFND   21,395 0 0
GLOBAL X SILVER MINERS ETF ETP 37954Y848 839 26,119 SH   DFND   26,119 0 0
GLOBAL X GOLD EXPLORERS ETF ETP 37954Y863 962 46,461 SH   DFND   46,461 0 0
GOLD FIELDS LTD-SPONS ADR ADR 38059T106 292 97,119 SH   DFND   97,119 0 0
GOLD RESOURCE CORP Common Stock 38068T105 347 79,782 SH   DFND   79,782 0 0
GOLDCORP INC Common Stock 380956409 546 40,182 SH   DFND   40,182 0 0
GOLDMAN SACHS ACTIVEBETA EM ETP 381430206 7,769 290,315 SH   DFND   290,315 0 0
GOLDMAN ACTIVEBTA EUR EQ ETF ETP 381430305 480 18,711 SH   DFND   18,711 0 0
GOLDMAN ACTIVEBETA JP EQ ETF ETP 381430404 214 7,854 SH   DFND   7,854 0 0
GUYANA GOLDFIELDS INC Common Stock 403530108 753 165,490 SH   DFND   165,490 0 0
HIGHLAND/IBOXX SENIOR LOAN E ETP 430101774 214 11,415 SH   DFND   11,415 0 0
HUANENG POWER INTL-SPONS ADR ADR 443304100 2,136 82,022 SH   DFND   82,022 0 0
IAMGOLD CORP Common Stock 450913108 1,210 314,351 SH   DFND   314,351 0 0
IQ AUSTRALIA SMALL CAP ETF ETP 45409B826 230 14,752 SH   DFND   14,752 0 0
INTERCONTINENTAL HOTELS-ADR ADR 45857P608 4,031 90,941 SH   DFND   90,941 0 0
ISHARES MSCI AUSTRALIA ETF ETP 464286103 7,672 379,225 SH   DFND   379,225 0 0
ISHARES MSCI FRONTIER 100 ETP 464286145 1,297 52,176 SH   DFND   52,176 0 0
ISHARES ASIA/PACIFIC DIVIDEN ETP 464286293 1,367 30,410 SH   DFND   30,410 0 0
ISHARES MSCI BELGIUM CAPPED ETP 464286301 1,544 88,195 SH   DFND   88,195 0 0
ISHARES EMERGING MARKETS DIV ETP 464286319 5,701 164,858 SH   DFND   164,858 0 0
ISHARES MSCI GLOBAL SILVER M ETP 464286327 4,406 421,629 SH   DFND   421,629 0 0
ISHARES MSCI WORLD ETF ETP 464286392 450 6,153 SH   DFND   6,153 0 0
ISHARES MSCI BRAZIL CAPPED E ETP 464286400 16,364 490,836 SH   DFND   490,836 0 0
ISHARES MSCI EMERG MRKT ASIA ETP 464286426 4,839 92,417 SH   DFND   92,417 0 0
ISHARES MSCI CANADA ETF ETP 464286509 22,960 878,004 SH   DFND   878,004 0 0
ISHARES EDGE MSCI MIN VOL GL ETP 464286525 374 5,153 SH   DFND   5,153 0 0
ISHARES EDGE MSCI MIN VOL EM ETP 464286533 20,610 421,382 SH   DFND   421,382 0 0
ISHARES MSCI JAPAN SMALL-CAP ETP 464286582 256 4,150 SH   DFND   4,150 0 0
ISHARES MSCI THAILAND CAPPED ETP 464286624 6,529 90,562 SH   DFND   90,562 0 0
ISHARES MSCI ISRAEL CAPPED E ETP 464286632 1,842 39,692 SH   DFND   39,692 0 0
ISHARES MSCI BRIC ETF ETP 464286657 1,982 62,185 SH   DFND   62,185 0 0
ISHARES MSCI PACIFIC EX JAPA ETP 464286665 3,535 89,324 SH   DFND   89,324 0 0
ISHARES MSCI TURKEY ETF ETP 464286715 455 14,002 SH   DFND   14,002 0 0
ISHARES MSCI SWITZERLAND CAP ETP 464286749 11,353 385,375 SH   DFND   385,375 0 0
ISHARES MSCI SWEDEN CAPPED E ETP 464286756 293 10,192 SH   DFND   10,192 0 0
ISHARES MSCI SPAIN CAPPED ET ETP 464286764 2,648 99,897 SH   DFND   99,897 0 0
ISHARES MSCI SOUTH KOREA CAP ETP 464286772 21,696 407,671 SH   DFND   407,671 0 0
ISHARES MSCI GERMANY ETF ETP 464286806 1,156 43,668 SH   DFND   43,668 0 0
ISHARES MSCI MEXICO CAPPED ETP 464286822 6,856 155,926 SH   DFND   155,926 0 0
ISHARES MSCI HONG KONG ETF ETP 464286871 5,133 263,498 SH   DFND   263,498 0 0
ISHARES S&P 100 ETF ETP 464287101 215 2,165 SH   DFND   2,165 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184 108,124 3,115,081 SH   DFND   3,115,081 0 0
ISHARES CORE U.S. AGGREGATE ETP 464287226 274 2,536 SH   DFND   2,536 0 0
ISHARES GLOBAL TECH ETF ETP 464287291 912 8,300 SH   DFND   8,300 0 0
ISHARES JPX-NIKKEI 400 ETF ETP 464287382 3,404 64,211 SH   DFND   64,211 0 0
ISHARES LATIN AMERICA 40 ETF ETP 464287390 2,804 101,656 SH   DFND   101,656 0 0
ISHARES CORE S&P MIDCAP ETF ETP 464287507 506 3,058 SH   DFND   3,058 0 0
ISHARES GLOBAL 100 ETF ETP 464287572 876 11,416 SH   DFND   11,416 0 0
ISHARES RUSSELL 2000 GROWTH ETP 464287648 200 1,301 SH   DFND   1,301 0 0
ISHARES RUSSELL 2000 ETF ETP 464287655 1,022 7,577 SH   DFND   7,577 0 0
ISHARES USTECHNOLOGY ETF ETP 464287721 504 4,190 SH   DFND   4,190 0 0
ISHARES MSCI ALL COUNTRY ASI ETP 464288182 26,215 477,241 SH   DFND   477,241 0 0
ISHARES MSCI ACWI EX US ETF ETP 464288240 3,482 86,467 SH   DFND   86,467 0 0
ISHARES MSCI KOKUSAI ETF ETP 464288265 1,673 30,758 SH   DFND   30,758 0 0
ISHARES ASIA 50 ETF ETP 464288430 1,071 23,160 SH   DFND   23,160 0 0
ISHARES EUROPE DEVELOPED REA ETP 464288471 1,471 44,228 SH   DFND   44,228 0 0
ISHARES GLOBAL CONSUMER STAP ETP 464288737 915 9,938 SH   DFND   9,938 0 0
ISHARES GLOBAL CONSUMER DISC ETP 464288745 266 2,947 SH   DFND   2,947 0 0
ISHARES MSCI EAFE GROWTH ETF ETP 464288885 804 12,625 SH   DFND   12,625 0 0
ISHARES EDGE MSCI MIN VOL GL ETP 464289115 264 10,200 SH   DFND   10,200 0 0
ISHARES MSCI BRAZIL SMALL-CA ETP 464289131 880 80,202 SH   DFND   80,202 0 0
ISHARES INDIA 50 ETF ETP 464289529 5,777 211,313 SH   DFND   211,313 0 0
ISHARES MSCI ALL PERU CAPPED ETP 464289842 219 6,662 SH   DFND   6,662 0 0
ISHARES MSCI INDONESIA ETF ETP 46429B309 4,647 192,574 SH   DFND   192,574 0 0
ISHARES MSCI UNITED KINGDOM ETP 46429B416 3,108 91,641 SH   DFND   91,641 0 0
ISHARES MSCI GERMANY SMALL-C ETP 46429B465 476 11,484 SH   DFND   11,484 0 0
ISHARES MSCI IRELAND CAPPED ETP 46429B507 842 22,447 SH   DFND   22,447 0 0
ISHARES MSCI FINLAND CAPPED ETP 46429B515 204 6,213 SH   DFND   6,213 0 0
ISHARES MSCI DENMARK CAPPED ETP 46429B523 1,383 27,117 SH   DFND   27,117 0 0
ISHARES EDGE MSCI MIN VOL EA ETP 46429B689 7,450 121,698 SH   DFND   121,698 0 0
ISHARES MSCI TAIWAN CAPPED E ETP 46434G772 5,256 178,965 SH   DFND   178,965 0 0
ISHARES MSCI SINGAPORE CAPPE ETP 46434G780 2,016 101,135 SH   DFND   101,135 0 0
ISHARES MSCI MALAYSIA ETF ETP 46434G814 3,820 136,091 SH   DFND   136,091 0 0
ISHARES MSCI JAPAN ETF ETP 46434G822 8,276 169,379 SH   DFND   169,379 0 0
ISHARES MSCI ITALY CAPPED ET ETP 46434G830 1,721 71,071 SH   DFND   71,071 0 0
ISHARES MSCI GLOBAL METALS & ETP 46434G848 1,208 46,915 SH   DFND   46,915 0 0
ISHARES MSCI GLOBAL GOLD MIN ETP 46434G855 12,975 757,426 SH   DFND   757,426 0 0
ISHARES EDGE MSCI MF EM MKT ETP 46434G889 388 10,935 SH   DFND   10,935 0 0
ISHARES EDGE MSCI MULTIFACTO ETP 46434V266 231 9,633 SH   DFND   9,633 0 0
ISHARES CURRENCY HEDGED MSCI ETP 46434V639 3,079 115,757 SH   DFND   115,757 0 0
ISHA HEDGED MSCI GERMANY ETP 46434V704 1,640 63,482 SH   DFND   63,482 0 0
ISHARES EDGE MSCI MIN VOL JA ETP 46434V712 390 6,856 SH   DFND   6,856 0 0
ISHARES EDGE MSCI MIN VOL EU ETP 46434V720 1,067 50,274 SH   DFND   50,274 0 0
ISHARES EDGE MSCI MIN VOL AS ETP 46434V746 419 14,426 SH   DFND   14,426 0 0
ISHARES MSCI QATAR CP ETF ETP 46434V779 755 39,603 SH   DFND   39,603 0 0
ISHA CURR HEDGED MSCI JAPAN ETP 46434V886 951 34,195 SH   DFND   34,195 0 0
ISHARES CURR HDG MSCI CANADA ETP 46435G706 268 10,715 SH   DFND   10,715 0 0
ISHARES CURR HEDG MSCI SPAIN ETP 46435G813 1,455 72,803 SH   DFND   72,803 0 0
ISHARES CURR HEDG MSCI ITALY ETP 46435G821 238 15,721 SH   DFND   15,721 0 0
ISHARES CURR HEDGED MSCI UK ETP 46435G862 1,482 65,468 SH   DFND   65,468 0 0
ISHARES CURR HEDG MSCI SWITZ ETP 46435G870 218 9,280 SH   DFND   9,280 0 0
JD.COM INC-ADR ADR 47215P106 972 38,191 SH   DFND   38,191 0 0
KINROSS GOLD CORP Common Stock 496902404 169 54,363 SH   DFND   54,363 0 0
KLONDEX MINES LTD Common Stock 498696103 954 204,370 SH   DFND   204,370 0 0
KRANESHARES CSI CHINA INTERN ETP 500767306 910 26,197 SH   DFND   26,197 0 0
KRANESH BOSERA MSCI CHINA A ETP 500767405 267 9,991 SH   DFND   9,991 0 0
KYOCERA CORP -SPONS ADR ADR 501556203 323 6,481 SH   DFND   6,481 0 0
HARTFORD MULTIFACTOR EMERGIN ETP 518416201 375 18,202 SH   DFND   18,202 0 0
HARTFORD MULTIFACTOR GLOBAL ETP 518416508 405 15,627 SH   DFND   15,627 0 0
LLOYDS BANKING GROUP PLC-ADR ADR 539439109 432 139,491 SH   DFND   139,491 0 0
LOTTE SHOPPING CO-GDR GDR 54569T106 113 12,291 SH   DFND   12,291 0 0
LUXOTTICA GROUP SPA-SPON ADR ADR 55068R202 791 14,731 SH   DFND   14,731 0 0
MAG SILVER CORP Common Stock 55903Q104 398 36,042 SH   DFND   36,042 0 0
MCEWEN MINING INC Common Stock 58039P107 339 116,544 SH   DFND   116,544 0 0
MITSUBISHI UFJ FINL-SPON ADR ADR 606822104 3,408 553,170 SH   DFND   553,170 0 0
MIZUHO FINANCIAL GROUP-ADR ADR 60687Y109 478 133,146 SH   DFND   133,146 0 0
MOBILE TELESYSTEMS-SP ADR ADR 607409109 524 57,527 SH   DFND   57,527 0 0
NATIONAL GRID PLC-SP ADR ADR 636274300 3,628 62,200 SH   DFND   62,200 0 0
NETEASE INC-ADR ADR 64110W102 1,549 7,192 SH   DFND   7,192 0 0
NEWMONT MINING CORP Common Stock 651639106 708 20,784 SH   DFND   20,784 0 0
NEWS CORP - CLASS B Common Stock 65249B208 734 62,172 SH   DFND   62,172 0 0
NIPPON TELEGRAPH & TELE-ADR ADR 654624105 348 8,262 SH   DFND   8,262 0 0
NOKIA CORP-SPON ADR ADR 654902204 1,484 308,437 SH   DFND   308,437 0 0
NOMURA HOLDINGS INC-SPON ADR ADR 65535H208 450 76,191 SH   DFND   76,191 0 0
NOVAGOLD RESOURCES INC Common Stock 66987E206 1,340 293,783 SH   DFND   293,783 0 0
NOVARTIS AG-SPONSORED ADR ADR 66987V109 18,521 254,271 SH   DFND   254,271 0 0
NOVO-NORDISK A/S-SPONS ADR ADR 670100205 28,027 781,554 SH   DFND   781,554 0 0
OCEANAGOLD CORP Common Stock 675222103 380 130,800 SH   DFND   130,800 0 0
ORANGE-SPON ADR ADR 684060106 1,689 111,554 SH   DFND   111,554 0 0
OSISKO GOLD ROYALTIES LTD Common Stock 68827L101 489 50,328 SH   DFND   50,328 0 0
LUKOIL PJSC-SPON ADR ADR 69343P105 3,960 70,096 SH   DFND   70,096 0 0
PEARSON PLC-SPONSORED ADR ADR 705015105 647 64,778 SH   DFND   64,778 0 0
PETROLEO BRASIL-SP PREF ADR ADR 71654V101 98 11,117 SH   DFND   11,117 0 0
PETROLEO BRASILEIRO-SPON ADR ADR 71654V408 1,358 134,344 SH   DFND   134,344 0 0
PIMCO 0-5 YEAR H/Y CORP BOND ETP 72201R783 1,811 18,136 SH   DFND   18,136 0 0
POWERSHARES INDIA PORTFOLIO ETP 73935L100 34,326 1,780,390 SH   DFND   1,780,390 0 0
POWERSHARES DB ENERGY FUND ETP 73936B101 186 13,475 SH   DFND   13,475 0 0
POWERSHARES DB AGRICULTURE F ETP 73936B408 1,093 54,757 SH   DFND   54,757 0 0
POWERSHARES DB BASE METALS F ETP 73936B705 1,545 103,581 SH   DFND   103,581 0 0
POWERSHARES DWA DEVELOPED MA ETP 73936Q108 1,270 59,363 SH   DFND   59,363 0 0
POWERSHARES DWA EMERGING MAR ETP 73936Q207 1,784 121,030 SH   DFND   121,030 0 0
POWERSHARES SENIOR LOAN ETP 73936Q769 452 19,360 SH   DFND   19,360 0 0
POWERSHARES GLBL GOLD PR-MTL ETP 73936Q876 4,663 265,217 SH   DFND   265,217 0 0
POWERSHARES FTSE RAFI DV S-M ETP 73936T771 807 29,886 SH   DFND   29,886 0 0
POWERSHARES FTSE RAFI DEV EX ETP 73936T789 244 6,503 SH   DFND   6,503 0 0
POWERSHARES S&P INTERNATIONA ETP 73936T805 535 27,866 SH   DFND   27,866 0 0
POWERSHARES ASIA EX-JAPAN ETP 73936T854 293 6,184 SH   DFND   6,184 0 0
POWERSHARES S&P EM-MK LOW VO ETP 73937B662 2,252 107,774 SH   DFND   107,774 0 0
POWERSHARES S&P INTERNATIONA ETP 73937B696 394 17,491 SH   DFND   17,491 0 0
POWERSHARES OPTIMUM YIELD DI ETP 73937V106 401 23,196 SH   DFND   23,196 0 0
PRETIUM RESOURCES INC Common Stock 74139C102 1,027 124,689 SH   DFND   124,689 0 0
PRUDENTIAL PLC-ADR ADR 74435K204 3,753 94,312 SH   DFND   94,312 0 0
RELX NV - SPON ADR ADR 75955B102 1,250 74,589 SH   DFND   74,589 0 0
RESMED INC Common Stock 761152107 219 3,523 SH   DFND   3,523 0 0
RICHMONT MINES INC Common Stock 76547T106 307 47,216 SH   DFND   47,216 0 0
RIO TINTO PLC-SPON ADR ADR 767204100 553 14,377 SH   DFND   14,377 0 0
ROYAL BANK OF SCOT-SPON ADR ADR 780097689 93 16,751 SH   DFND   16,751 0 0
ROYAL GOLD INC Common Stock 780287108 392 6,187 SH   DFND   6,187 0 0
SPDR S&P 500 ETF TRUST ETP 78462F103 234,386 1,048,564 SH   DFND   1,048,564 0 0
SPDR EURO STOXX 50 ETF ETP 78463X202 1,358 40,579 SH   DFND   40,579 0 0
SPDR S&P EMERGING ASIA PACIF ETP 78463X301 1,004 13,368 SH   DFND   13,368 0 0
SPDR MSCI JAPAN STRATEGICFAC ETP 78463X368 367 5,617 SH   DFND   5,617 0 0
SPDR MSCI AUSTRALIA STRATEGI ETP 78463X384 477 10,045 SH   DFND   10,045 0 0
SPDR EURO STOXX SMALL CAP ET ETP 78463X392 303 6,492 SH   DFND   6,492 0 0
SPDR S&P CHINA ETF ETP 78463X400 2,691 37,348 SH   DFND   37,348 0 0
SPDR MSCI EMERGING MARKETS S ETP 78463X426 419 8,364 SH   DFND   8,364 0 0
SPDR S&P GLOBAL DIVIDEND ETF ETP 78463X459 362 5,858 SH   DFND   5,858 0 0
SPDR S&P GL NAT RESOURCES ETP 78463X541 377 9,183 SH   DFND   9,183 0 0
SPDR S&P INTL UTILITIES SECT ETP 78463X632 1,906 128,464 SH   DFND   128,464 0 0
SPDR S&P EMERGING MKTS SMALL ETP 78463X756 1,473 37,093 SH   DFND   37,093 0 0
SPDR S&P INTER DVD ETF ETP 78463X772 446 12,381 SH   DFND   12,381 0 0
SPDR S&P EMERGING MIDDLE EAS ETP 78463X806 205 3,696 SH   DFND   3,696 0 0
SPDR DJ INTERNATIONAL REAL E ETP 78463X863 16,066 445,292 SH   DFND   445,292 0 0
SPDR S&P INTL SMALL CAP ETP 78463X871 2,419 83,428 SH   DFND   83,428 0 0
SPDR S&P WORLD EX-US ETF ETP 78463X889 609 23,696 SH   DFND   23,696 0 0
SPDR BBG BARC INT CORP BOND ETP 78464A375 924 27,241 SH   DFND   27,241 0 0
SPDR GLOBAL DOW ETF ETP 78464A706 1,833 26,373 SH   DFND   26,373 0 0
SPDR S&P RETAIL ETF ETP 78464A714 444 10,070 SH   DFND   10,070 0 0
SPDR S&P BANK ETF ETP 78464A797 408 9,391 SH   DFND   9,391 0 0
SPDR S&P BIOTECH ETF ETP 78464A870 288 4,858 SH   DFND   4,858 0 0
SPDR S&P HOMEBUILDERS ETF ETP 78464A888 298 8,809 SH   DFND   8,809 0 0
SPDR BLACKSTONE/GSO SEN LOAN ETP 78467V608 687 14,472 SH   DFND   14,472 0 0
SPDR DOUBLELINE TR TACT ETF ETP 78467V848 4,058 83,859 SH   DFND   83,859 0 0
SPDR S&P MIDCAP 400 ETF TRST ETP 78467Y107 765 2,535 SH   DFND   2,535 0 0
SANDSTORM GOLD LTD Common Stock 80013R206 980 251,252 SH   DFND   251,252 0 0
SANOFI-ADR ADR 80105N105 13,957 345,140 SH   DFND   345,140 0 0
SAP SE-SPONSORED ADR ADR 803054204 5,071 58,673 SH   DFND   58,673 0 0
SASOL LTD-SPONSORED ADR ADR 803866300 8,662 302,968 SH   DFND   302,968 0 0
SCHWAB EMERGING MARKETS EQUI ETP 808524706 1,275 59,149 SH   DFND   59,149 0 0
SCHWAB FUNDAMENTAL INTL S/C ETP 808524748 222 7,805 SH   DFND   7,805 0 0
SCHWAB FUNDAMENTAL INTL L/C ETP 808524755 346 13,797 SH   DFND   13,797 0 0
CONSUMER STAPLES SPDR ETP 81369Y308 521 10,070 SH   DFND   10,070 0 0
CONSUMER DISCRETIONARY SELT ETP 81369Y407 680 8,351 SH   DFND   8,351 0 0
FINANCIAL SELECT SECTOR SPDR ETP 81369Y605 233 10,000 SH   DFND   10,000 0 0
UTILITIES SELECT SECTOR SPDR ETP 81369Y886 489 10,065 SH   DFND   10,065 0 0
SEMAFO INC Common Stock 816922108 1,081 328,830 SH   DFND   328,830 0 0
SHIRE PLC-ADR ADR 82481R106 19,291 113,224 SH   DFND   113,224 0 0
SILVER STANDARD RESOURCES Common Stock 82823L106 875 98,039 SH   DFND   98,039 0 0
SMITH & NEPHEW PLC -SPON ADR ADR 83175M205 244 8,126 SH   DFND   8,126 0 0
SPROTT PHYSICAL GOLD TRUST Closed-End Fund 85207H104 1,364 145,229 SH   DFND   145,229 0 0
SPROTT PHYSICAL PLATINUM AND Closed-End Fund 85207Q104 187 27,086 SH   DFND   27,086 0 0
STATOIL ASA-SPON ADR ADR 85771P102 476 26,121 SH   DFND   26,121 0 0
STMICROELECTRONICS NV-NY SHS NY Reg Shrs 861012102 368 32,405 SH   DFND   32,405 0 0
SUMITOMO MITSUI-SPONS ADR ADR 86562M209 328 42,995 SH   DFND   42,995 0 0
SURGUTNEFTEGAS-SP ADR ADR 868861204 631 124,502 SH   DFND   124,502 0 0
ELEMENTS ROGERS ENERGY TR ETP 870297306 219 80,381 SH   DFND   80,381 0 0
ELEMENTS ROGERS METALS TR ETP 870297405 400 53,485 SH   DFND   53,485 0 0
ELEMENTS ROGERS AGRI TOT RET ETP 870297603 316 50,135 SH   DFND   50,135 0 0
ELEMENTS ROGERS TOTAL RETURN ETP 870297801 1,538 296,245 SH   DFND   296,245 0 0
SYNGENTA AG-ADR ADR 87160A100 4,812 60,875 SH   DFND   60,875 0 0
TAIWAN SEMICONDUCTOR-SP ADR ADR 874039100 592 20,596 SH   DFND   20,596 0 0
TATNEFT PAO-SPONSORED ADR ADR 876629205 202 4,805 SH   DFND   4,805 0 0
TELEFONICA BRASIL-ADR ADR 87936R106 2,172 162,363 SH   DFND   162,363 0 0
TELEFONICA SA-SPON ADR ADR 879382208 4,699 510,710 SH   DFND   510,710 0 0
TEUCRIUM CORN FUND ETP 88166A102 1,223 65,347 SH   DFND   65,347 0 0
TEUCRIUM SUGAR FUND ETP 88166A409 722 55,509 SH   DFND   55,509 0 0
TEUCRIUM WHEAT FUND ETP 88166A508 376 54,694 SH   DFND   54,694 0 0
TEUCRIUM SOYBEAN FUND ETP 88166A607 319 16,717 SH   DFND   16,717 0 0
TOREX GOLD RESOURCES INC Common Stock 891054603 1,503 97,230 SH   DFND   97,230 0 0
TOTAL SA-SPON ADR ADR 89151E109 29,826 585,177 SH   DFND   585,177 0 0
TURKCELL ILETISIM HIZMET-ADR ADR 900111204 166 24,095 SH   DFND   24,095 0 0
UNILEVER N V -NY SHARES NY Reg Shrs 904784709 10,094 245,839 SH   DFND   245,839 0 0
UNITED STATES COMMODITY INDE ETP 911717106 445 11,135 SH   DFND   11,135 0 0
VALE SA-SP ADR ADR 91912E105 1,311 171,993 SH   DFND   171,993 0 0
VANECK VECTORS ISRAEL ETF ETP 92189F635 211 7,869 SH   DFND   7,869 0 0
VANECK VECTORS SEMICONDUCTOR ETP 92189F676 473 6,600 SH   DFND   6,600 0 0
VANECK VECTORS RUSSIA SMALL- ETP 92189F734 626 16,433 SH   DFND   16,433 0 0
VANECK VECTORS INDIA SMALL-C ETP 92189F767 4,272 104,795 SH   DFND   104,795 0 0
VANECK VECTORS VIETNAM ETF ETP 92189F817 598 45,861 SH   DFND   45,861 0 0
VANECK VECTORS INDONESIA IND ETP 92189F833 1,303 61,363 SH   DFND   61,363 0 0
VANGUARD TOTAL INTL STOCK ETP 921909768 2,291 49,945 SH   DFND   49,945 0 0
VANGUARD INT HIGH DVD YLD IN ETP 921946794 2,166 38,252 SH   DFND   38,252 0 0
VANGUARD INT DIV APP INDX FD ETP 921946810 1,612 30,538 SH   DFND   30,538 0 0
VANGUARD FTSE ALL WO X-US SC ETP 922042718 3,835 40,780 SH   DFND   40,780 0 0
VANGUARD TOT WORLD STK ETF ETP 922042742 23,092 378,565 SH   DFND   378,565 0 0
VANGUARD FTSE PACIFIC ETF ETP 922042866 298 5,133 SH   DFND   5,133 0 0
VANGUARD FTSE EUROPE ETF ETP 922042874 14,608 304,723 SH   DFND   304,723 0 0
VANGUARD INFO TECH ETF ETP 92204A702 284 2,338 SH   DFND   2,338 0 0
VODAFONE GROUP PLC-SP ADR ADR 92857W308 9,349 382,674 SH   DFND   382,674 0 0
WPP PLC-SPONSORED ADR ADR 92937A102 4,008 36,220 SH   DFND   36,220 0 0
WESTPAC BANKING CORP-SP ADR ADR 961214301 656 27,925 SH   DFND   27,925 0 0
WISDOMTREE EM SMALL CAP ETP 97717W281 7,867 201,155 SH   DFND   201,155 0 0
WISDOMTREE EMERGING MARKETS ETP 97717W315 10,116 270,914 SH   DFND   270,914 0 0
WISDOMTREE EMERGING MARKETS ETP 97717W323 248 11,762 SH   DFND   11,762 0 0
WISDOMTREE JPN HDG CAP GOODS ETP 97717W356 286 11,717 SH   DFND   11,717 0 0
WISDOM TREE KOREA HEDGED EQU ETP 97717W372 561 25,607 SH   DFND   25,607 0 0
WISDOMTREE GERMANY HEDGED EQ ETP 97717W448 265 9,291 SH   DFND   9,291 0 0
WISDOMTREE INTERNATIONAL EQU ETP 97717W703 1,647 35,487 SH   DFND   35,487 0 0
WISDOMTREE INTL S/C DVD FUND ETP 97717W760 1,850 30,829 SH   DFND   30,829 0 0
WISDOMTREE INTL DVD EX-FIN ETP 97717W786 602 16,099 SH   DFND   16,099 0 0
WISDOMTREE INTERNATIONAL HIG ETP 97717W802 1,851 48,557 SH   DFND   48,557 0 0
WISDOMTREE ASIA-PACIFIC EX-J ETP 97717W828 1,113 19,427 SH   DFND   19,427 0 0
WISDOMTREE JPN S/C DVD FUND ETP 97717W836 411 6,630 SH   DFND   6,630 0 0
WISDOMTREE GLOBAL EX-US QUAL ETP 97717W844 1,301 28,237 SH   DFND   28,237 0 0
WISDOMTREE JAPAN HEDGED EQ ETP 97717W851 23,976 483,978 SH   DFND   483,978 0 0
WISDOMTREE GLOBAL HIGH DIVID ETP 97717W877 546 12,561 SH   DFND   12,561 0 0
WISDOMTREE DY CUR HDG SCP EQ ETP 97717X271 271 10,100 SH   DFND   10,100 0 0
WISDOMTREE MIDDLE EAST DVD ETP 97717X305 1,718 102,954 SH   DFND   102,954 0 0
WISDOMTREE INTERNATIONAL HED ETP 97717X594 1,576 59,811 SH   DFND   59,811 0 0
WISDOMTREE EUROPE HEDGED EQU ETP 97717X701 27,918 486,385 SH   DFND   486,385 0 0
WISDOMTREE CONTINUOUS COMMOD ETP 97718W108 524 27,101 SH   DFND   27,101 0 0
YAMANA GOLD INC Common Stock 98462Y100 79 28,082 SH   DFND   28,082 0 0
YANZHOU COAL MINING-SP ADR ADR 984846105 127 19,016 SH   DFND   19,016 0 0