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
SPY US 04/02/18 P259 Equity Option 78462GSFZ 3 10,000 SH Put DFND   10,000 0 0
SPY US 04/02/18 C285 Equity Option 78462GUWN 0 19,700 SH Call DFND   19,700 0 0
SPY US 04/04/18 P260 Equity Option 78462HADQ 25 19,300 SH Put DFND   19,300 0 0
SPY US 04/06/18 P244 Equity Option 78462HKYQ 1 11,900 SH Put DFND   11,900 0 0
SPY US 04/06/18 P250 Equity Option 78462GQ8Z 25 89,600 SH Put DFND   89,600 0 0
SPY US 04/06/18 P258 Equity Option 78462FIGB 52 40,200 SH Put DFND   40,200 0 0
SPY US 04/06/18 C272 Equity Option 78462GS8N 10 35,700 SH Call DFND   35,700 0 0
SPY US 04/06/18 C272.5 Equity Option 78462GTRN 19 79,800 SH Call DFND   79,800 0 0
SPY US 04/06/18 C283 Equity Option 78462GSWN 0 21,400 SH Call DFND   21,400 0 0
SPY US 04/06/18 C287.5 Equity Option 78462GTQN 0 10,000 SH Call DFND   10,000 0 0
SPY US 04/06/18 C289 Equity Option 78462GTDN 0 10,000 SH Call DFND   10,000 0 0
SPY US 04/06/18 C290 Equity Option 78462GT2N 0 10,000 SH Call DFND   10,000 0 0
SPY US 04/09/18 C268 Equity Option 78462HJ6E 12 10,000 SH Call DFND   10,000 0 0
SPY US 04/09/18 C273 Equity Option 78462HJQE 3 10,000 SH Call DFND   10,000 0 0
SPY US 04/11/18 P260 Equity Option 78462F98B 122 50,000 SH Put DFND   50,000 0 0
SPY US 04/11/18 C269 Equity Option 78462HFFE 18 14,800 SH Call DFND   14,800 0 0
SPY US 04/11/18 C290 Equity Option 78462FXYN 0 50,000 SH Call DFND   50,000 0 0
SPY US 04/13/18 P238 Equity Option 78462HCHQ 4 15,000 SH Put DFND   15,000 0 0
SPY US 04/13/18 P242 Equity Option 78462HCWQ 5 14,500 SH Put DFND   14,500 0 0
SPY US 04/13/18 P242.5 Equity Option 78462HAXQ 4 10,000 SH Put DFND   10,000 0 0
SPY US 04/13/18 P250 Equity Option 78462HA0Q 67 78,500 SH Put DFND   78,500 0 0
SPY US 04/13/18 P261 Equity Option 78462HA5Q 87 28,400 SH Put DFND   28,400 0 0
SPY US 04/13/18 P262 Equity Option 78462HA6Q 72 21,000 SH Put DFND   21,000 0 0
SPY US 04/13/18 P263 Equity Option 78462HA8Q 78 20,000 SH Put DFND   20,000 0 0
SPY US 04/13/18 C267 Equity Option 78462HBCE 21 10,000 SH Call DFND   10,000 0 0
SPY US 04/13/18 C272 Equity Option 78462HBIE 11 14,800 SH Call DFND   14,800 0 0
SPY US 04/13/18 C272.5 Equity Option 78462HBJE 8 12,600 SH Call DFND   12,600 0 0
SPY US 04/13/18 C274 Equity Option 78462HBLE 5 11,000 SH Call DFND   11,000 0 0
SPY US 04/13/18 C291 Equity Option 78462HEXE 0 10,000 SH Call DFND   10,000 0 0
SPY US 04/16/18 C275 Equity Option 78462GJ8O 4 10,000 SH Call DFND   10,000 0 0
SPY US 04/16/18 P275 Equity Option 78462GJZB 148 12,100 SH Put DFND   12,100 0 0
SPY US 04/16/18 C290 Equity Option 78462GKBO 1 22,000 SH Call DFND   22,000 0 0
SPY US 04/18/18 P260 Equity Option 78462GMPB 82 26,100 SH Put DFND   26,100 0 0
SPY US 04/18/18 C275.5 Equity Option 78462HEVE 5 10,000 SH Call DFND   10,000 0 0
SPY US 04/18/18 C277 Equity Option 78462HESE 8 23,100 SH Call DFND   23,100 0 0
SPY US 04/18/18 C290 Equity Option 78462GM6O 2 63,000 SH Call DFND   63,000 0 0
SPY US 04/20/18 P225 Equity Option 78462GIEQ 3 15,000 SH Put DFND   15,000 0 0
SPY US 04/20/18 P229 Equity Option 78462GC5V 2 10,000 SH Put DFND   10,000 0 0
SPY US 04/20/18 P240 Equity Option 78462GIBQ 9 16,400 SH Put DFND   16,400 0 0
SPY US 04/20/18 P241 Equity Option 78462GDEV 11 20,100 SH Put DFND   20,100 0 0
SPY US 04/20/18 P242 Equity Option 78462GDFV 28 45,100 SH Put DFND   45,100 0 0
SPY US 04/20/18 P243 Equity Option 78462GDGV 55 80,900 SH Put DFND   80,900 0 0
SPY US 04/20/18 P244 Equity Option 78462GDHV 34 46,100 SH Put DFND   46,100 0 0
SPY US 04/20/18 P246 Equity Option 78462GDIV 204 230,900 SH Put DFND   230,900 0 0
SPY US 04/20/18 P252 Equity Option 78462GH7Q 19 12,100 SH Put DFND   12,100 0 0
SPY US 04/20/18 P252.5 Equity Option 78462HHTQ 77 46,900 SH Put DFND   46,900 0 0
SPY US 04/20/18 P254 Equity Option 78462GH5Q 83 43,200 SH Put DFND   43,200 0 0
SPY US 04/20/18 P256 Equity Option 78462GH3Q 135 58,100 SH Put DFND   58,100 0 0
SPY US 04/20/18 P257.5 Equity Option 78462HHUQ 156 58,300 SH Put DFND   58,300 0 0
SPY US 04/20/18 P258 Equity Option 78462GH1Q 229 81,400 SH Put DFND   81,400 0 0
SPY US 04/20/18 P259 Equity Option 78462GH0Q 203 65,500 SH Put DFND   65,500 0 0
SPY US 04/20/18 P260 Equity Option 78462GHZQ 251 73,700 SH Put DFND   73,700 0 0
SPY US 04/20/18 P261 Equity Option 78462GHYQ 236 62,800 SH Put DFND   62,800 0 0
SPY US 04/20/18 P262.5 Equity Option 78462HHVQ 136 31,600 SH Put DFND   31,600 0 0
SPY US 04/20/18 C263 Equity Option 78462GJAE 49 10,200 SH Call DFND   10,200 0 0
SPY US 04/20/18 C265 Equity Option 78462GI7E 113 30,500 SH Call DFND   30,500 0 0
SPY US 04/20/18 P270 Equity Option 78462GHPQ 274 32,500 SH Put DFND   32,500 0 0
SPY US 04/20/18 P271 Equity Option 78462GHOQ 342 37,300 SH Put DFND   37,300 0 0
SPY US 04/20/18 P271.5 Equity Option 78462HHYQ 127 13,300 SH Put DFND   13,300 0 0
SPY US 04/20/18 P272 Equity Option 78462GHNQ 1,210 121,700 SH Put DFND   121,700 0 0
SPY US 04/20/18 C272.5 Equity Option 78462HHZE 22 20,600 SH Call DFND   20,600 0 0
SPY US 04/20/18 P273 Equity Option 78462GHMQ 1,321 123,200 SH Put DFND   123,200 0 0
SPY US 04/20/18 C273.5 Equity Option 78462HH0E 91 102,300 SH Call DFND   102,300 0 0
SPY US 04/20/18 P274 Equity Option 78462GHLQ 1,063 91,900 SH Put DFND   91,900 0 0
SPY US 04/20/18 C274.5 Equity Option 78462HH1E 121 164,100 SH Call DFND   164,100 0 0
SPY US 04/20/18 P275 Equity Option 78462GHKQ 496 39,900 SH Put DFND   39,900 0 0
SPY US 04/20/18 C275.5 Equity Option 78462HH2E 42 70,000 SH Call DFND   70,000 0 0
SPY US 04/20/18 P276 Equity Option 78462GHJQ 346 26,000 SH Put DFND   26,000 0 0
SPY US 04/20/18 C277.5 Equity Option 78462HH4E 8 20,800 SH Call DFND   20,800 0 0
SPY US 04/20/18 P278 Equity Option 78462GHHQ 285 18,800 SH Put DFND   18,800 0 0
SPY US 04/20/18 C278.5 Equity Option 78462HH5E 16 48,700 SH Call DFND   48,700 0 0
SPY US 04/20/18 C281 Equity Option 78462GLAF 7 41,300 SH Call DFND   41,300 0 0
SPY US 04/20/18 C291 Equity Option 78462GLUF 2 51,400 SH Call DFND   51,400 0 0
SPY US 04/20/18 C292 Equity Option 78462GLTF 1 38,400 SH Call DFND   38,400 0 0
SPY US 04/20/18 C293 Equity Option 78462GLSF 2 51,100 SH Call DFND   51,100 0 0
SPY US 04/20/18 C294 Equity Option 78462GLRF 2 62,700 SH Call DFND   62,700 0 0
SPY US 04/20/18 C295 Equity Option 78462GIPE 1 41,000 SH Call DFND   41,000 0 0
SPY US 04/20/18 C297 Equity Option 78462GLOF 1 29,600 SH Call DFND   29,600 0 0
SPY US 04/23/18 P245 Equity Option 78462FP1B 9 10,000 SH Put DFND   10,000 0 0
SPY US 04/27/18 P269 Equity Option 78462GIBB 241 30,000 SH Put DFND   30,000 0 0
SPY US 04/27/18 P272 Equity Option 78462GIEB 111 11,000 SH Put DFND   11,000 0 0
SPY US 04/27/18 C287 Equity Option 78462GI4O 2 20,000 SH Call DFND   20,000 0 0
SPY US 04/27/18 C287.5 Equity Option 78462GI5O 1 10,000 SH Call DFND   10,000 0 0
SPY US 04/27/18 C288 Equity Option 78462GI6O 1 10,000 SH Call DFND   10,000 0 0
SPY US 04/30/18 P242 Equity Option 78462HMKQ 9 10,000 SH Put DFND   10,000 0 0
SPY US 07/20/18 C285 Equity Option 78462GU4H 21 14,500 SH Call DFND   14,500 0 0
SPY US 06/15/18 P227 Equity Option 78462GP8T 24 15,000 SH Put DFND   15,000 0 0
SPY US 06/15/18 P228 Equity Option 78462GP7T 26 15,100 SH Put DFND   15,100 0 0
SPY US 06/15/18 P232 Equity Option 78462GP4T 23 11,400 SH Put DFND   11,400 0 0
SPY US 06/15/18 P233 Equity Option 78462GP3T 31 14,700 SH Put DFND   14,700 0 0
SPY US 06/15/18 P235 Equity Option 78462F1CA 77 33,200 SH Put DFND   33,200 0 0
SPY US 06/15/18 P237 Equity Option 78462GPRT 40 16,000 SH Put DFND   16,000 0 0
SPY US 06/15/18 P239 Equity Option 78462GPPT 53 19,400 SH Put DFND   19,400 0 0
SPY US 06/15/18 P241 Equity Option 78462G9OT 88 29,200 SH Put DFND   29,200 0 0
SPY US 06/15/18 P244 Equity Option 78462G9RT 38 10,900 SH Put DFND   10,900 0 0
SPY US 06/15/18 P260 Equity Option 78462FETB 106 14,600 SH Put DFND   14,600 0 0
SPY US 06/15/18 P261 Equity Option 78462GAGT 92 12,200 SH Put DFND   12,200 0 0
SPY US 06/15/18 C282 Equity Option 78462GBTG 73 60,800 SH Call DFND   60,800 0 0
SPY US 06/15/18 C285 Equity Option 78462GQKG 36 45,000 SH Call DFND   45,000 0 0
SPY US 06/15/18 C300 Equity Option 78462FB0O 4 25,500 SH Call DFND   25,500 0 0
SPY US 03/29/18 P257 Equity Option 78462GMWP 0 70,800 SH Put DFND   70,800 0 0
SPY US 03/29/18 P258 Equity Option 78462GMYP 0 36,100 SH Put DFND   36,100 0 0
SPY US 03/29/18 P261 Equity Option 78462GINQ 0 76,200 SH Put DFND   76,200 0 0
SPY US 03/29/18 P262 Equity Option 78462GIOQ 0 120,500 SH Put DFND   120,500 0 0
SPY US 03/29/18 C267 Equity Option 78462GJ5E 0 81,200 SH Call DFND   81,200 0 0
SPY US 03/29/18 C268 Equity Option 78462GJ6E 0 66,000 SH Call DFND   66,000 0 0
SPY US 03/29/18 C269 Equity Option 78462GJ7E 0 65,500 SH Call DFND   65,500 0 0
SPY US 03/29/18 C274 Equity Option 78462GKBE 0 14,300 SH Call DFND   14,300 0 0
SPY US 03/29/18 C275 Equity Option 78462GQGC 0 83,000 SH Call DFND   83,000 0 0
SPY US 03/29/18 C276 Equity Option 78462GJCF 0 73,300 SH Call DFND   73,300 0 0
SPY US 03/29/18 C281 Equity Option 78462GJGF 0 53,400 SH Call DFND   53,400 0 0
SPY US 03/29/18 C284 Equity Option 78462GJDF 0 105,100 SH Call DFND   105,100 0 0
SPY US 03/29/18 C285 Equity Option 78462GQEC 0 89,400 SH Call DFND   89,400 0 0
SPY US 03/29/18 C286 Equity Option 78462GN3F 0 65,000 SH Call DFND   65,000 0 0
SPY US 03/29/18 C288 Equity Option 78462GN1F 0 130,000 SH Call DFND   130,000 0 0
SPY US 03/29/18 C289 Equity Option 78462GN0F 0 54,100 SH Call DFND   54,100 0 0
SPY US 03/29/18 C295 Equity Option 78462GQCC 0 21,200 SH Call DFND   21,200 0 0
SPY US 03/29/18 C300 Equity Option 78462GQBC 0 80,500 SH Call DFND   80,500 0 0
SPY US 05/04/18 P235 Equity Option 78462HDLR 14 20,000 SH Put DFND   20,000 0 0
SPY US 05/04/18 P240 Equity Option 78462HC2R 10 10,000 SH Put DFND   10,000 0 0
SPY US 05/18/18 P225 Equity Option 78462GNER 23 31,500 SH Put DFND   31,500 0 0
SPY US 05/18/18 P226 Equity Option 78462GTAA 8 10,000 SH Put DFND   10,000 0 0
SPY US 05/18/18 P236 Equity Option 78462GSYA 39 30,000 SH Put DFND   30,000 0 0
SPY US 05/18/18 P237 Equity Option 78462GSWA 41 30,000 SH Put DFND   30,000 0 0
SPY US 05/18/18 P238 Equity Option 78462GSUA 29 20,100 SH Put DFND   20,100 0 0
SPY US 05/18/18 P239 Equity Option 78462GSSA 47 30,100 SH Put DFND   30,100 0 0
SPY US 05/18/18 P242 Equity Option 78462GSOA 77 42,500 SH Put DFND   42,500 0 0
SPY US 05/18/18 P243 Equity Option 78462GSMA 50 25,600 SH Put DFND   25,600 0 0
SPY US 05/18/18 P244 Equity Option 78462GSKA 153 75,000 SH Put DFND   75,000 0 0
SPY US 05/18/18 P245 Equity Option 78462GNIR 91 41,900 SH Put DFND   41,900 0 0
SPY US 05/18/18 P246 Equity Option 78462GSIA 120 52,200 SH Put DFND   52,200 0 0
SPY US 05/18/18 P248 Equity Option 78462GSEA 174 67,400 SH Put DFND   67,400 0 0
SPY US 05/18/18 P249 Equity Option 78462GSCA 92 33,500 SH Put DFND   33,500 0 0
SPY US 05/18/18 P252 Equity Option 78462GNLR 62 19,100 SH Put DFND   19,100 0 0
SPY US 05/18/18 P253 Equity Option 78462GNMR 56 16,100 SH Put DFND   16,100 0 0
SPY US 05/18/18 P254 Equity Option 78462GNNR 101 27,500 SH Put DFND   27,500 0 0
SPY US 05/18/18 P255 Equity Option 78462GNOR 355 90,800 SH Put DFND   90,800 0 0
SPY US 05/18/18 P256 Equity Option 78462GNPR 59 14,100 SH Put DFND   14,100 0 0
SPY US 05/18/18 P257 Equity Option 78462GNQR 81 18,400 SH Put DFND   18,400 0 0
SPY US 05/18/18 P259 Equity Option 78462GNSR 202 40,400 SH Put DFND   40,400 0 0
SPY US 05/18/18 P260 Equity Option 78462GNTR 105 19,700 SH Put DFND   19,700 0 0
SPY US 05/18/18 P261 Equity Option 78462GNUR 163 28,800 SH Put DFND   28,800 0 0
SPY US 05/18/18 P262 Equity Option 78462GNVR 123 20,600 SH Put DFND   20,600 0 0
SPY US 05/18/18 P263 Equity Option 78462GNWR 131 20,500 SH Put DFND   20,500 0 0
SPY US 05/18/18 P265 Equity Option 78462GNYR 615 85,200 SH Put DFND   85,200 0 0
SPY US 05/18/18 P266 Equity Option 78462GNZR 193 25,100 SH Put DFND   25,100 0 0
SPY US 05/18/18 P267 Equity Option 78462GN0R 107 13,100 SH Put DFND   13,100 0 0
SPY US 05/18/18 C275 Equity Option 78462GP9F 87 48,800 SH Call DFND   48,800 0 0
SPY US 05/18/18 C279 Equity Option 78462GQDF 89 88,400 SH Call DFND   88,400 0 0
SPY US 05/18/18 C285 Equity Option 78462GQJF 21 51,300 SH Call DFND   51,300 0 0
SPY US 05/18/18 C287 Equity Option 78462GQLF 9 27,900 SH Call DFND   27,900 0 0
SPY US 09/21/18 P227 Equity Option 78462G8WW 41 10,000 SH Put DFND   10,000 0 0
SPY US 09/21/18 P229 Equity Option 78462G8YW 44 10,000 SH Put DFND   10,000 0 0
SPY US 09/21/18 P230 Equity Option 78462FD7W 45 10,000 SH Put DFND   10,000 0 0
SPY US 09/21/18 P234 Equity Option 78462G84W 51 10,000 SH Put DFND   10,000 0 0
SPY US 09/21/18 P235 Equity Option 78462FQOC 105 20,000 SH Put DFND   20,000 0 0
SPY US 09/21/18 P236 Equity Option 78462G83W 54 10,000 SH Put DFND   10,000 0 0
SPY US 09/21/18 P237 Equity Option 78462G82W 112 20,000 SH Put DFND   20,000 0 0
SPY US 09/21/18 P238 Equity Option 78462G81W 58 10,000 SH Put DFND   10,000 0 0
GREAT PANTHER SILVER LTD Common Stock 39115V101 25 21,017 SH   DFND   21,017 0 0
ASANKO GOLD INC Common Stock 04341Y105 26 25,671 SH   DFND   25,671 0 0
GOLDEN STAR RESOURCES LTD Common Stock 38119T104 15 26,189 SH   DFND   26,189 0 0
GOLD STANDARD VENTURES CORP Common Stock 380738104 59 36,279 SH   DFND   36,279 0 0
ISHARES MSCI DENMARK ETF ETP 46429B523 220 3,202 SH   DFND   3,202 0 0
ISHARES MSCI GERMANY SMALL-C ETP 46429B465 284 4,410 SH   DFND   4,410 0 0
ISHARES INTERNATIONAL SELECT ETP 464288448 1,297 39,292 SH   DFND   39,292 0 0
ISHARES MSCI EUROZONE ETF ETP 464286608 16,412 378,596 SH   DFND   378,596 0 0
SAP SE-SPONSORED ADR ADR 803054204 367 3,487 SH   DFND   3,487 0 0
TOYOTA MOTOR CORP -SPON ADR ADR 892331307 503 3,861 SH   DFND   3,861 0 0
UNILEVER PLC-SPONSORED ADR ADR 904767704 255 4,581 SH   DFND   4,581 0 0
CHINA EASTERN AIRLINES-ADS ADR 16937R104 213 5,786 SH   DFND   5,786 0 0
CRH PLC-SPONSORED ADR ADR 12626K203 405 11,919 SH   DFND   11,919 0 0
ALUMINUM CORP OF CHINA-ADR ADR 022276109 167 11,996 SH   DFND   11,996 0 0
BHP BILLITON PLC-ADR ADR 05545E209 726 18,269 SH   DFND   18,269 0 0
LINE CORP-SPONSORED ADR ADR 53567X101 772 19,786 SH   DFND   19,786 0 0
PEARSON PLC-SPONSORED ADR ADR 705015105 307 29,116 SH   DFND   29,116 0 0
TURKCELL ILETISIM HIZMET-ADR ADR 900111204 284 29,744 SH   DFND   29,744 0 0
RIO TINTO PLC-SPON ADR ADR 767204100 1,666 32,329 SH   DFND   32,329 0 0
RELX NV - SPON ADR ADR 75955B102 679 32,652 SH   DFND   32,652 0 0
NATIONAL GRID PLC-SP ADR ADR 636274409 1,849 32,771 SH   DFND   32,771 0 0
STATOIL ASA-SPON ADR ADR 85771P102 1,054 44,571 SH   DFND   44,571 0 0
PRUDENTIAL PLC-ADR ADR 74435K204 2,353 46,012 SH   DFND   46,012 0 0
CHINA PETROLEUM & CHEM-ADR ADR 16941R108 4,266 48,214 SH   DFND   48,214 0 0
STMICROELECTRONICS NV-NY SHS NY Reg Shrs 861012102 1,146 51,411 SH   DFND   51,411 0 0
SONY CORP-SPONSORED ADR ADR 835699307 2,571 53,195 SH   DFND   53,195 0 0
NOVO-NORDISK A/S-SPONS ADR ADR 670100205 3,165 64,265 SH   DFND   64,265 0 0
DIAGEO PLC-SPONSORED ADR ADR 25243Q205 8,831 65,209 SH   DFND   65,209 0 0
GLAXOSMITHKLINE PLC-SPON ADR ADR 37733W105 2,631 67,350 SH   DFND   67,350 0 0
CHINA MOBILE LTD-SPON ADR ADR 16941M109 3,762 82,219 SH   DFND   82,219 0 0
HUANENG POWER INTL-SPONS ADR ADR 443304100 2,584 96,232 SH   DFND   96,232 0 0
BT GROUP PLC-SPON ADR ADR 05577E101 1,892 117,098 SH   DFND   117,098 0 0
ALIBABA GROUP HOLDING-SP ADR ADR 01609W102 22,290 121,446 SH   DFND   121,446 0 0
SEMICONDUCTOR MANUFACT-ADR ADR 81663N206 865 131,095 SH   DFND   131,095 0 0
CHINA LIFE INSURANCE CO-ADR ADR 16939P106 1,884 134,672 SH   DFND   134,672 0 0
KONINKLIJKE PHILIPS NVR- NY NY Reg Shrs 500472303 5,635 147,085 SH   DFND   147,085 0 0
BP PLC-SPONS ADR ADR 055622104 6,615 163,168 SH   DFND   163,168 0 0
BANCO BILBAO VIZCAYA-SP ADR ADR 05946K101 1,381 174,787 SH   DFND   174,787 0 0
BHP BILLITON LTD-SPON ADR ADR 088606108 9,063 203,992 SH   DFND   203,992 0 0
BRITISH AMERICAN TOB-SP ADR ADR 110448107 12,399 214,921 SH   DFND   214,921 0 0
MICRO FOCUS INTL-SPN ADR ADR 594837304 3,567 254,044 SH   DFND   254,044 0 0
CREDIT SUISSE GROUP-SPON ADR ADR 225401108 4,551 271,075 SH   DFND   271,075 0 0
TELEFONICA SA-SPON ADR ADR 879382208 3,675 372,329 SH   DFND   372,329 0 0
NOKIA CORP-SPON ADR ADR 654902204 3,126 571,554 SH   DFND   571,554 0 0
VANGUARD TOTAL STOCK MKT ETF ETP 922908769 207 1,523 SH   DFND   1,523 0 0
VANGUARD GROWTH ETF ETP 922908736 234 1,651 SH   DFND   1,651 0 0
VANGUARD FTSE ALL WO X-US SC ETP 922042718 329 2,762 SH   DFND   2,762 0 0
ISHARES JPX-NIKKEI 400 ETF ETP 464287382 231 3,514 SH   DFND   3,514 0 0
WISDOMTREE INTL M/C DVD FUND ETP 97717W778 246 3,584 SH   DFND   3,584 0 0
SPDR S&P GLOBAL DIVIDEND ETF ETP 78463X459 269 3,906 SH   DFND   3,906 0 0
GUGGENHEIM CHINA TECHNOLOGY ETP 18383Q135 240 4,018 SH   DFND   4,018 0 0
ISHARES EDGE MSCI MIN VOL JA ETP 46434V712 283 4,038 SH   DFND   4,038 0 0
ISHARES MSCI BRIC ETF ETP 464286657 208 4,494 SH   DFND   4,494 0 0
ISHARES CORE MSCI DEV MKTS ETP 46435G326 275 4,741 SH   DFND   4,741 0 0
ISHARES RUSSELL 1000 GROWTH ETP 464287614 647 4,752 SH   DFND   4,752 0 0
ISHARES S&P 500 GROWTH ETF ETP 464287309 752 4,848 SH   DFND   4,848 0 0
WISDOMTREE INTL L/C DVD FUND ETP 97717W794 243 4,879 SH   DFND   4,879 0 0
SPDR NUVEEN BBG BARC ST MUNI ETP 78468R739 247 5,156 SH   DFND   5,156 0 0
WISDOMTREE JPN S/C DVD FUND ETP 97717W836 424 5,210 SH   DFND   5,210 0 0
VANECK VECTORS CHINAAMC CSI ETP 92189F759 265 5,450 SH   DFND   5,450 0 0
ISHARES GLOBAL 100 ETF ETP 464287572 519 5,684 SH   DFND   5,684 0 0
SPDR S&P INTER DVD ETF ETP 78463X772 232 5,793 SH   DFND   5,793 0 0
ISHARES MSCI IRELAND ETF ETP 46429B507 285 6,094 SH   DFND   6,094 0 0
WISDOMTREE EMERGING MARKETS ETP 97717W315 293 6,133 SH   DFND   6,133 0 0
ISHARES MSCI PERU ETF ETP 464289842 263 6,175 SH   DFND   6,175 0 0
ISHARES TIPS BOND ETF ETP 464287176 712 6,298 SH   DFND   6,298 0 0
PIMCO ENHANCED SHORT MATURIT ETP 72201R833 665 6,544 SH   DFND   6,544 0 0
ISHARES MSCI WORLD ETF ETP 464286392 589 6,765 SH   DFND   6,765 0 0
TECHNOLOGY SELECT SECT SPDR ETP 81369Y803 505 7,722 SH   DFND   7,722 0 0
SPDR PORTFOLIO AGGREGATE BON ETP 78464A649 218 7,747 SH   DFND   7,747 0 0
JPM DIVERSIFIED RET GLB EQ ETP 46641Q100 480 7,777 SH   DFND   7,777 0 0
SCHWAB FUNDAMENTAL INTL S/C ETP 808524748 286 7,975 SH   DFND   7,975 0 0
PWR BSHR 2021 HI YLD CP BD ETP 73939W805 200 8,135 SH   DFND   8,135 0 0
POWERSHARES FTSE RAFI DEV EX ETP 73936T789 364 8,150 SH   DFND   8,150 0 0
ISHARES ASIA/PACIFIC DIVIDEN ETP 464286293 383 8,280 SH   DFND   8,280 0 0
SPDR S&P INTL SMALL CAP ETP 78463X871 300 8,469 SH   DFND   8,469 0 0
ISHARES CUR HDG MSCI S KOREA ETP 46435G888 257 8,506 SH   DFND   8,506 0 0
XTRACKERS MSCI ALL WORLD EX ETP 233051820 238 8,820 SH   DFND   8,820 0 0
KRANESH BOSERA MSCI CHINA A ETP 500767405 316 9,044 SH   DFND   9,044 0 0
ISHARES MSCI AUSTRIA ETF ETP 464286202 237 9,331 SH   DFND   9,331 0 0
DIREXION DAILY S&P 500 BEAR ETP 25460E869 293 9,548 SH   DFND   9,548 0 0
SCHWAB US AGGREGATE BOND ETF ETP 808524839 499 9,780 SH   DFND   9,780 0 0
WISDOMTREE INTL DVD EX-FIN ETP 97717W786 428 9,865 SH   DFND   9,865 0 0
E-TRACS BLOOMBERG COMMODITY ETP 902641679 163 10,192 SH   DFND   10,192 0 0
ISHARES MSCI PACIFIC EX JAPA ETP 464286665 484 10,423 SH   DFND   10,423 0 0
XTRACKERS MSCI GERMANY HEDGE ETP 233051408 283 10,534 SH   DFND   10,534 0 0
ISHARES U.S. ENERGY ETF ETP 464287796 393 10,617 SH   DFND   10,617 0 0
ISHARES MSCI ISRAEL ETF ETP 464286632 527 10,643 SH   DFND   10,643 0 0
VIDENT INTERNATIONAL EQUITY ETP 26922A404 304 10,791 SH   DFND   10,791 0 0
SPDR S&P METALS & MINING ETF ETP 78464A755 369 10,839 SH   DFND   10,839 0 0
CSOP FTSE CHINA A50 ETF ETP 12649L105 199 11,170 SH   DFND   11,170 0 0
FIRST TRUST STOXX EUROPE ETP 33735T109 161 11,624 SH   DFND   11,624 0 0
ISHARES CORE MSCI EUROPE ETP 46434V738 580 11,665 SH   DFND   11,665 0 0
WISDOMTREE EM SMALL CAP ETP 97717W281 652 12,068 SH   DFND   12,068 0 0
WISDOMTREE INTERNATIONAL EQU ETP 97717W703 668 12,178 SH   DFND   12,178 0 0
SPDR BBG BARC HIGH YIELD BND ETP 78464A417 444 12,373 SH   DFND   12,373 0 0
XTRACKERS MSCI EUROZONE HEDG ETP 233051697 386 12,929 SH   DFND   12,929 0 0
ISHARES MSCI CHINA SMALL-CAP ETP 46429B200 693 13,083 SH   DFND   13,083 0 0
FT FTSE EPRA/NAREIT REAL EST ETP 33736N101 570 13,085 SH   DFND   13,085 0 0
SPDR STOXX EUROPE 50 ETF ETP 78463X103 457 13,197 SH   DFND   13,197 0 0
POWERSHARES S&P INT DEV LOW ETP 73937B688 440 13,278 SH   DFND   13,278 0 0
POWERSHARES DB BASE METALS F ETP 73936B705 248 13,618 SH   DFND   13,618 0 0
ELEMENTS ROGERS ENERGY TR ETP 870297306 42 14,176 SH   DFND   14,176 0 0
ISHARES IBOXX INVESTMENT GRA ETP 464287242 1,732 14,756 SH   DFND   14,756 0 0
COLUMBIA EM CORE EX-CHINA ET ETP 19762B202 449 15,724 SH   DFND   15,724 0 0
VANECK VECTORS RUSSIA SMALL- ETP 92189F734 697 16,433 SH   DFND   16,433 0 0
HEALTH CARE SELECT SECTOR ETP 81369Y209 1,354 16,630 SH   DFND   16,630 0 0
SPDR GOLD SHARES ETP 78463V107 2,105 16,732 SH   DFND   16,732 0 0
INDUSTRIAL SELECT SECT SPDR ETP 81369Y704 1,271 17,114 SH   DFND   17,114 0 0
WISDOMTREE EUROPE HEDG SM EQ ETP 97717X552 543 17,690 SH   DFND   17,690 0 0
POWERSHARES S&P INTERNATIONA ETP 73937B696 493 17,710 SH   DFND   17,710 0 0
FIRST TRUST DJ GL SEL DVD ETP 33734X200 455 17,760 SH   DFND   17,760 0 0
POWERSHARES EM MKT SOVR DEBT ETP 73936T573 508 18,008 SH   DFND   18,008 0 0
ISHARES MSCI FRANCE ETF ETP 464286707 583 18,555 SH   DFND   18,555 0 0
ISHARES RUSSELL 2000 ETF ETP 464287655 2,817 18,556 SH   DFND   18,556 0 0
CONSUMER STAPLES SPDR ETP 81369Y308 998 18,970 SH   DFND   18,970 0 0
GLOBAL X MSCI GREECE ETF ETP 37950E366 190 19,576 SH   DFND   19,576 0 0
MATERIALS SELECT SECTOR SPDR ETP 81369Y100 1,139 20,003 SH   DFND   20,003 0 0
ALPS INTERNATIONAL SECTOR DI ETP 00162Q718 556 20,103 SH   DFND   20,103 0 0
WISDOMTREE INTERNATIONAL HED ETP 97717X594 641 20,762 SH   DFND   20,762 0 0
ISHARES 0-5 YR HY CORP BOND ETP 46434V407 999 21,352 SH   DFND   21,352 0 0
ISHARES IBONDS DEC 2020 TERM ETP 46434VAQ3 554 22,092 SH   DFND   22,092 0 0
PWR S&P GLOBAL DIV OP INDEX ETP 73936Q660 255 23,336 SH   DFND   23,336 0 0
VANECK VECTORS INDIA SMALL-C ETP 92189F767 1,370 23,952 SH   DFND   23,952 0 0
SPROTT PHYSICAL GOLD AND SIL Closed-End Fund 85208R101 342 25,906 SH   DFND   25,906 0 0
SPDR DJ GLOBAL REAL ESTATE E ETP 78463X749 1,238 26,747 SH   DFND   26,747 0 0
ISHARES CURR HEDG MSCI ITALY ETP 46435G821 468 26,762 SH   DFND   26,762 0 0
SPDR PORT SHRT TRM CORP BND ETP 78464A474 827 27,388 SH   DFND   27,388 0 0
SPDR S&P EMERGING MKTS SMALL ETP 78463X756 1,439 27,415 SH   DFND   27,415 0 0
GLOBAL X GOLD EXPLORERS ETF ETP 37954Y863 606 28,132 SH   DFND   28,132 0 0
POWERSHARES FDMNL H/Y CORP B ETP 73936T557 528 28,548 SH   DFND   28,548 0 0
ISHARES MSCI BELGIUM ETF ETP 464286301 630 29,528 SH   DFND   29,528 0 0
GLOBAL X MSCI PORTUGAL ETF ETP 37950E192 369 30,071 SH   DFND   30,071 0 0
GLOBAL X CHINA INDUSTRIALS ETP 37950E705 504 34,560 SH   DFND   34,560 0 0
ISHARES CURR HDG MSCI MEXICO ETP 46435G805 678 35,414 SH   DFND   35,414 0 0
TEUCRIUM WHEAT FUND ETP 88166A508 225 36,309 SH   DFND   36,309 0 0
SPDR S&P CHINA ETF ETP 78463X400 4,371 39,489 SH   DFND   39,489 0 0
ISHARES EUROPE ETF ETP 464287861 1,848 39,621 SH   DFND   39,621 0 0
XTRACKERS MSCI BRAZIL HEDGED ETP 233051309 536 39,671 SH   DFND   39,671 0 0
ISHARES MSCI SWITZERLAND ETF ETP 464286749 1,364 39,693 SH   DFND   39,693 0 0
ISHARES MSCI SOUTH KOREA ETF ETP 464286772 3,229 42,791 SH   DFND   42,791 0 0
ISHARES CORE MSCI PACIFIC ET ETP 46434V696 2,618 43,728 SH   DFND   43,728 0 0
ISHARES MSCI EMERGING MKT SM ETP 464286475 2,463 46,167 SH   DFND   46,167 0 0
ISHARES MSCI UNITED KINGDOM ETP 46435G334 1,697 48,827 SH   DFND   48,827 0 0
COLUMBIA EM QUALITY DIVIDEND ETP 19762B301 791 49,393 SH   DFND   49,393 0 0
XTRACKERS MSCI EUROPE HEDGED ETP 233051853 1,368 49,822 SH   DFND   49,822 0 0
DB BASE METALS DOUBLE LONG ETP 25154K841 498 53,504 SH   DFND   53,504 0 0
ISHARES IBONDS DEC 2021 TERM ETP 46434VBK5 1,336 54,604 SH   DFND   54,604 0 0
VANECK VECTORS JUNIOR GOLD M ETP 92189F791 1,897 59,004 SH   DFND   59,004 0 0
ISHARES MSCI INDONESIA ETF ETP 46429B309 1,660 61,576 SH   DFND   61,576 0 0
SPROTT PHYSICAL SILVER TRUST Closed-End Fund 85207K107 385 63,667 SH   DFND   63,667 0 0
POWERSHARES FTSE RAFI EM MKT ETP 73936T763 1,578 67,123 SH   DFND   67,123 0 0
ISHARES MSCI RUSSIA ETF ETP 46434G798 2,541 69,741 SH   DFND   69,741 0 0
ISHARES S&P GSCI COMMODITY I ETP 46428R107 1,186 71,222 SH   DFND   71,222 0 0
ALERIAN MLP ETF ETP 00162Q866 681 72,670 SH   DFND   72,670 0 0
XTRACKERS MSCI EMERGING MARK ETP 233051101 1,809 74,357 SH   DFND   74,357 0 0
ISHARES MSCI GERMANY ETF ETP 464286806 2,467 76,988 SH   DFND   76,988 0 0
DB AGRICULTURE DOUBLE LONG ETP 25154H558 225 79,368 SH   DFND   79,368 0 0
ELEMENTS ROGERS TOTAL RETURN ETP 870297801 455 82,376 SH   DFND   82,376 0 0
XTRACKERS HARVEST CSI 300 CH ETP 233051879 2,608 83,365 SH   DFND   83,365 0 0
VANGUARD SHORT-TERM BOND ETF ETP 921937827 6,754 86,109 SH   DFND   86,109 0 0
SPDR BBG BARC ST HIGH YIELD ETP 78468R408 2,376 86,800 SH   DFND   86,800 0 0
WISDOMTREE EUROPE HEDGED EQU ETP 97717X701 5,742 91,555 SH   DFND   91,555 0 0
PWR BSHR 2020 CP BD ETP 73939W508 2,215 105,165 SH   DFND   105,165 0 0
SPDR PORTFOLIO EMERGING MARK ETP 78463X509 4,418 112,416 SH   DFND   112,416 0 0
WISDOMTREE JAPAN HEDGED EQ ETP 97717W851 6,399 114,251 SH   DFND   114,251 0 0
DRXN D CSI CH A-SHR BEAR 1X ETP 25459Y116 3,719 122,311 SH   DFND   122,311 0 0
ISHARES MSCI SPAIN ETF ETP 464286764 4,097 126,033 SH   DFND   126,033 0 0
PWR BSHR 2019 CP BD ETP 73939W300 2,879 137,242 SH   DFND   137,242 0 0
COLUMBIA EMERGING MARKETS CO ETP 19762B509 3,828 144,552 SH   DFND   144,552 0 0
VANGUARD FTSE EUROPE ETF ETP 922042874 8,527 146,642 SH   DFND   146,642 0 0
VANGUARD FTSE PACIFIC ETF ETP 922042866 11,858 162,549 SH   DFND   162,549 0 0
ISHARES GOLD TRUST ETP 464285105 2,760 216,809 SH   DFND   216,809 0 0
XTRACKERS MSCI EAFE HEDGED E ETP 233051200 6,759 220,088 SH   DFND   220,088 0 0
SPDR PORTFOLIO INTERMEDIATE ETP 78464A375 8,712 259,756 SH   DFND   259,756 0 0
XTRACKERS MSCI JAPAN HEDGED ETP 233051507 12,301 290,324 SH   DFND   290,324 0 0
ISHARES MSCI BRAZIL ETF ETP 464286400 15,914 354,588 SH   DFND   354,588 0 0
VANECK VECTORS GOLD MINERS E ETP 92189F106 9,410 428,137 SH   DFND   428,137 0 0
ISHARES MSCI HONG KONG ETF ETP 464286871 11,855 468,383 SH   DFND   468,383 0 0
ISHARES MSCI JAPAN ETF ETP 46434G822 30,048 495,190 SH   DFND   495,190 0 0
ISHARES MSCI AUSTRALIA ETF ETP 464286103 12,591 571,809 SH   DFND   571,809 0 0
VANGUARD FTSE DEVELOPED ETF ETP 921943858 26,929 608,560 SH   DFND   608,560 0 0
VANGUARD FTSE EMERGING MARKE ETP 922042858 39,901 849,315 SH   DFND   849,315 0 0
ISHARES MSCI EAFE ETF ETP 464287465 94,323 1,353,656 SH   DFND   1,353,656 0 0
ISHARES CHINA LARGE-CAP ETF ETP 464287184 91,722 1,941,620 SH   DFND   1,941,620 0 0
FIRST TRUST JAPAN ETP 33737J158 254 4,309 SH   DFND   4,309 0 0
ISHARES SELECT DIVIDEND ETF ETP 464287168 440 4,626 SH   DFND   4,626 0 0
ISHARES CORE INTL STOCK ETF ETP 46432F834 368 5,840 SH   DFND   5,840 0 0
FT TACTICAL HIGH YIELD ETF ETP 33738D408 308 6,475 SH   DFND   6,475 0 0
VANGUARD SHORT-TERM TIPS ETP 922020805 320 6,537 SH   DFND   6,537 0 0
FIRST TRUST TAIWAN ETP 33737J257 266 6,840 SH   DFND   6,840 0 0
ISHARES INDIA 50 ETF ETP 464289529 247 6,975 SH   DFND   6,975 0 0
FIRST TRUST UNITED KINGDOM ETP 33737J224 287 7,236 SH   DFND   7,236 0 0
CELLECTIS - ADR ADR 15117K103 239 7,586 SH   DFND   7,586 0 0
ISHARES 0-5 YR INV GRD CORP ETP 46434V100 435 8,742 SH   DFND   8,742 0 0
WISDOMTREE GERMANY HEDGED EQ ETP 97717W448 314 10,118 SH   DFND   10,118 0 0
FIRST TRUST DW FOCUS 5 INTL ETP 33738R886 246 11,050 SH   DFND   11,050 0 0
ISHARES GLOBAL INFRASTRUCTUR ETP 464288372 503 11,732 SH   DFND   11,732 0 0
FIRST TRST DYN DEVEL INT ETF ETP 33739P608 901 14,094 SH   DFND   14,094 0 0
VANGUARD TOTAL INTL BOND ETF ETP 92203J407 848 15,492 SH   DFND   15,492 0 0
WISDOMTREE JAPAN HEDGED SMAL ETP 97717W521 737 16,648 SH   DFND   16,648 0 0
POWERSHARES FTSE INTL LO BET ETP 73937B480 600 19,750 SH   DFND   19,750 0 0
POWERSHARES DWA EMERGING MAR ETP 73936Q207 460 21,377 SH   DFND   21,377 0 0
BAIDU INC - SPON ADR ADR 056752108 5,436 24,356 SH   DFND   24,356 0 0
ISHARES 20 PLUS YEAR TREASURY BO ETP 464287432 3,074 25,219 SH   DFND   25,219 0 0
ISHARES 1-3 YEAR CREDIT BOND ETP 464288646 2,980 28,707 SH   DFND   28,707 0 0
ISHARES MSCI ACWI EX US ETF ETP 464288240 1,747 35,163 SH   DFND   35,163 0 0
ISHARES US PREFERRED STOCK E ETP 464288687 1,431 38,104 SH   DFND   38,104 0 0
ROBO GLOBAL ROBOTICS AND AUT ETP 301505707 1,685 40,294 SH   DFND   40,294 0 0
VELOCITYSHARES 3X LONG GOLD ETP 22542D688 470 41,219 SH   DFND   41,219 0 0
ISHARES MSCI EUROPE FINANCIA ETP 464289180 1,014 43,882 SH   DFND   43,882 0 0
VANGUARD MORTGAGE-BACKED SEC ETP 92206C771 2,530 49,032 SH   DFND   49,032 0 0
ISHARES MSCI ACWI ETF ETP 464288257 4,603 64,195 SH   DFND   64,195 0 0
POWERSHARES OPTIMUM YIELD DI ETP 73937V106 1,141 64,217 SH   DFND   64,217 0 0
FIRST TRUST LOW DURATION OPP ETP 33739Q200 3,673 71,493 SH   DFND   71,493 0 0
ISHARES MSCI ALL COUNTRY ASI ETP 464288182 9,384 121,036 SH   DFND   121,036 0 0
HIGHLAND/IBOXX SENIOR LOAN E ETP 430101774 2,804 153,082 SH   DFND   153,082 0 0
ISHARES MSCI GLOBAL GOLD MIN ETP 46434G855 2,855 161,417 SH   DFND   161,417 0 0
ISHARES MSCI EAFE VALUE ETF ETP 464288877 347 6,365 SH   DFND   6,365 0 0
ISHARES MSCI INDIA SMALL-CAP ETP 46429B614 354 7,460 SH   DFND   7,460 0 0
ISHARES MSCI NORWAY ETF ETP 46429B499 245 9,051 SH   DFND   9,051 0 0
ISHARES EDGE MSCI MIN VOL EA ETP 46429B689 1,327 18,011 SH   DFND   18,011 0 0
ISHA CURR HEDGED MSCI EAFE ETP 46434V803 863 30,063 SH   DFND   30,063 0 0
ISHARES EDGE MSCI MIN VOL US ETP 46429B697 1,680 32,359 SH   DFND   32,359 0 0
ISHARES EDGE MSCI MIN VOL GL ETP 464286525 4,051 48,328 SH   DFND   48,328 0 0
ISHARES EDGE MSCI MIN VOL EM ETP 464286533 4,893 78,494 SH   DFND   78,494 0 0
NETEASE INC-ADR ADR 64110W102 2,598 9,266 SH   DFND   9,266 0 0
MESOBLAST LTD- SPON ADR ADR 590717104 97 16,858 SH   DFND   16,858 0 0
GALAPAGOS NV-SPON ADR ADR 36315X101 2,616 26,225 SH   DFND   26,225 0 0
CTRIP.COM INTERNATIONAL-ADR ADR 22943F100 2,480 53,190 SH   DFND   53,190 0 0
JD.COM INC-ADR ADR 47215P106 2,446 60,407 SH   DFND   60,407 0 0
SHIRE PLC-ADR ADR 82481R106 10,719 71,750 SH   DFND   71,750 0 0
GRIFOLS SA-ADR ADR 398438408 2,892 136,417 SH   DFND   136,417 0 0