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
Sprott Junior Gold Miners ETF ETP 00162Q585 308 10,585 SH   SOLE   10,585 0 0
Barclays Bank PLC ETP 06740Q260 233 12,150 SH   SOLE   12,150 0 0
Barclays Bank PLC ETP 06746P449 241 5,409 SH   SOLE   5,409 0 0
Citigroup Global Markets Holdi ETP 17325E291 5,530 127,292 SH   SOLE   127,292 0 0
Citigroup Global Markets Holdi ETP 17326E647 224 10,038 SH   SOLE   10,038 0 0
Credit Suisse AG/Nassau ETP 22542D332 33,251 630,113 SH   SOLE   630,113 0 0
Credit Suisse Group AG ETP 22542D365 756 48,404 SH   SOLE   48,404 0 0
Credit Suisse Group AG ETP 22542D373 5,665 250,642 SH   SOLE   250,642 0 0
Credit Suisse Group AG ETP 22542D654 533 20,465 SH   SOLE   20,465 0 0
Credit Suisse Group AG ETP 22542D670 1,266 25,595 SH   SOLE   25,595 0 0
Credit Suisse AG/Nassau ETP 22542D829 2,205 30,447 SH   SOLE   30,447 0 0
Xtrackers MSCI Emerging Market ETP 233051101 1,992 86,015 SH   SOLE   86,015 0 0
Xtrackers MSCI Germany Hedged ETP 233051408 2,326 87,298 SH   SOLE   87,298 0 0
Xtrackers USD High Yield Corpo ETP 233051432 6,648 135,370 SH   SOLE   135,370 0 0
Xtrackers Russell 2000 Compreh ETP 233051440 1,061 29,221 SH   SOLE   29,221 0 0
Xtrackers MSCI Japan Hedged Eq ETP 233051507 1,266 30,420 SH   SOLE   30,420 0 0
Xtrackers Japan JPX-Nikkei 400 ETP 233051663 807 28,327 SH   SOLE   28,327 0 0
Xtrackers MSCI Eurozone Hedged ETP 233051697 444 14,765 SH   SOLE   14,765 0 0
Xtrackers MSCI South Korea Hed ETP 233051812 333 11,520 SH   SOLE   11,520 0 0
Xtrackers MSCI All World ex US ETP 233051820 2,808 103,294 SH   SOLE   103,294 0 0
Xtrackers MSCI Europe Hedged E ETP 233051853 6,173 219,920 SH   SOLE   219,920 0 0
Xtrackers MSCI United Kingdom ETP 233051861 301 13,746 SH   SOLE   13,746 0 0
Xtrackers Harvest CSI 300 Chin ETP 233051879 3,644 137,339 SH   SOLE   137,339 0 0
Deutsche Bank AG/London ETP 25154H731 847 58,999 SH   SOLE   58,999 0 0
Deutsche Bank AG/London ETP 25154H749 961 42,495 SH   SOLE   42,495 0 0
Deutsche Bank AG/London ETP 25154H756 615 103,832 SH   SOLE   103,832 0 0
Deutsche Bank AG/London ETP 25154K809 281 5,261 SH   SOLE   5,261 0 0
Deutsche Bank AG/London ETP 25154K866 241 37,936 SH   SOLE   37,936 0 0
Direxion Daily 20 Year Plus Tr ETP 25459W540 891 46,001 SH   SOLE   46,001 0 0
Direxion Daily Gold Miners Ind ETP 25460E844 5,209 214,095 SH   SOLE   214,095 0 0
Direxion Daily Junior Gold Min ETP 25460E851 2,760 202,195 SH   SOLE   202,195 0 0
Direxion Daily Junior Gold Min ETP 25460E877 1,022 20,109 SH   SOLE   20,109 0 0
Direxion Daily S&P Oil & Gas E ETP 25490K125 76 12,986 SH   SOLE   12,986 0 0
Direxion Daily Gold Miners Ind ETP 25490K133 3,192 131,808 SH   SOLE   131,808 0 0
Direxion Daily Small Cap Bear ETP 25490K521 3,983 425,040 SH   SOLE   425,040 0 0
ETFS Physical Swiss Gold Share ETP 26922Y105 788 6,510 SH   SOLE   6,510 0 0
REX VolMAXX Short VIX Futures ETP 301505830 688 227,746 SH   SOLE   227,746 0 0
First Trust STOXX European Sel ETP 33735T109 145 11,026 SH   SOLE   11,026 0 0
First Trust Developed Markets ETP 33737J174 1,637 27,348 SH   SOLE   27,348 0 0
First Trust Emerging Markets A ETP 33737J182 853 33,001 SH   SOLE   33,001 0 0
First Trust Exchange-Traded Fu ETP 33738D408 860 18,270 SH   SOLE   18,270 0 0
First Trust Emerging Markets L ETP 33739P202 663 17,669 SH   SOLE   17,669 0 0
Global X China Consumer ETF ETP 37950E408 244 13,711 SH   SOLE   13,711 0 0
Goldman Sachs ActiveBeta Emerg ETP 381430206 7,291 219,736 SH   SOLE   219,736 0 0
Horizons DAX Germany ETF ETP 44053G207 1,624 56,574 SH   SOLE   56,574 0 0
Invesco QQQ Trust Series 1 ETP 46090E103 30,968 180,416 SH   SOLE   180,416 0 0
Invesco Optimum Yield Diversif ETP 46090F100 910 49,311 SH   SOLE   49,311 0 0
Invesco CurrencyShares Austral ETP 46090N103 263 3,547 SH   SOLE   3,547 0 0
Invesco DB Commodity Index Tra ETP 46138B103 901 50,971 SH   SOLE   50,971 0 0
Invesco 1-30 Laddered Treasury ETP 46138E107 1,189 37,476 SH   SOLE   37,476 0 0
Invesco S&P International Deve ETP 46138E230 344 10,690 SH   SOLE   10,690 0 0
Invesco Russell 1000 Low Beta ETP 46138E412 201 6,314 SH   SOLE   6,314 0 0
Invesco Fundamental High Yield ETP 46138E719 455 24,897 SH   SOLE   24,897 0 0
Invesco FTSE International Low ETP 46138E768 412 13,964 SH   SOLE   13,964 0 0
Invesco Emerging Markets Sover ETP 46138E784 10,263 386,995 SH   SOLE   386,995 0 0
Invesco Taxable Municipal Bond ETP 46138G805 1,030 34,781 SH   SOLE   34,781 0 0
Invesco CurrencyShares Euro Cu ETP 46138K103 975 8,702 SH   SOLE   8,702 0 0
Invesco CurrencyShares Swedish ETP 46138V109 380 3,608 SH   SOLE   3,608 0 0
Invesco CurrencyShares Japanes ETP 46138W107 354 4,097 SH   SOLE   4,097 0 0
Invesco CurrencyShares Chinese ETP 46138X105 631 8,535 SH   SOLE   8,535 0 0
Invesco CurrencyShares Singapo ETP 46138Y103 522 7,241 SH   SOLE   7,241 0 0
Invesco DB Energy Fund ETP 46140H304 355 20,762 SH   SOLE   20,762 0 0
Invesco DB Oil Fund ETP 46140H403 1,055 84,647 SH   SOLE   84,647 0 0
Invesco DB Precious Metals Fun ETP 46140H502 433 11,809 SH   SOLE   11,809 0 0
Invesco DB Base Metals Fund ETP 46140H700 1,531 87,025 SH   SOLE   87,025 0 0
Invesco DB US Dollar Index Bea ETP 46141D104 4,681 216,006 SH   SOLE   216,006 0 0
iShares Silver Trust ETP 46428Q109 1,612 106,387 SH   SOLE   106,387 0 0
iShares S&P GSCI Commodity Ind ETP 46428R107 2,722 151,985 SH   SOLE   151,985 0 0
iShares Gold Trust ETP 464285105 3,941 327,901 SH   SOLE   327,901 0 0
iShares MSCI Australia ETF ETP 464286103 2,431 107,522 SH   SOLE   107,522 0 0
iShares Emerging Markets Divid ETP 464286319 826 20,982 SH   SOLE   20,982 0 0
iShares MSCI World ETF ETP 464286392 2,370 27,097 SH   SOLE   27,097 0 0
iShares MSCI Emerging Markets ETP 464286426 9,048 131,129 SH   SOLE   131,129 0 0
iShares MSCI Emerging Markets ETP 464286475 341 7,139 SH   SOLE   7,139 0 0
iShares Edge MSCI Min Vol Emer ETP 464286533 1,375 23,777 SH   SOLE   23,777 0 0
iShares MSCI Japan Small-Cap E ETP 464286582 2,876 36,877 SH   SOLE   36,877 0 0
iShares MSCI Eurozone ETF ETP 464286608 9,666 235,696 SH   SOLE   235,696 0 0
iShares MSCI Thailand ETF ETP 464286624 10,940 132,977 SH   SOLE   132,977 0 0
iShares MSCI BRIC ETF ETP 464286657 2,803 66,609 SH   SOLE   66,609 0 0
iShares MSCI Pacific ex Japan ETP 464286665 2,070 44,998 SH   SOLE   44,998 0 0
iShares MSCI France ETF ETP 464286707 687 22,501 SH   SOLE   22,501 0 0
iShares MSCI Turkey ETF ETP 464286715 1,305 43,197 SH   SOLE   43,197 0 0
iShares MSCI Switzerland ETF ETP 464286749 5,768 177,029 SH   SOLE   177,029 0 0
iShares MSCI Sweden ETF ETP 464286756 484 15,867 SH   SOLE   15,867 0 0
iShares MSCI South Korea ETF ETP 464286772 15,806 233,430 SH   SOLE   233,430 0 0
iShares MSCI South Africa ETF ETP 464286780 946 16,431 SH   SOLE   16,431 0 0
iShares MSCI Germany ETF ETP 464286806 720 24,021 SH   SOLE   24,021 0 0
iShares MSCI Netherlands ETF ETP 464286814 910 29,829 SH   SOLE   29,829 0 0
iShares China Large-Cap ETF ETP 464287184 5,923 137,845 SH   SOLE   137,845 0 0
iShares Core S&P 500 ETF ETP 464287200 1,353 4,954 SH   SOLE   4,954 0 0
iShares JPX Nikkei 400 Index E ETP 464287382 202 3,219 SH   SOLE   3,219 0 0
iShares 7-10 Year Treasury Bon ETP 464287440 6,261 61,080 SH   SOLE   61,080 0 0
iShares 1-3 Year Treasury Bond ETP 464287457 1,345 16,135 SH   SOLE   16,135 0 0
iShares MSCI EAFE ETF ETP 464287465 69,721 1,041,085 SH   SOLE   1,041,085 0 0
iShares Russell 1000 Value ETF ETP 464287598 422 3,476 SH   SOLE   3,476 0 0
iShares Europe ETF ETP 464287861 3,992 89,276 SH   SOLE   89,276 0 0
iShares MSCI All Country Asia ETP 464288182 63,077 880,097 SH   SOLE   880,097 0 0
iShares MSCI ACWI ex US ETF ETP 464288240 14,932 315,956 SH   SOLE   315,956 0 0
iShares International Select D ETP 464288448 561 17,489 SH   SOLE   17,489 0 0
iShares MSCI Europe Small-Cap ETP 464288497 251 4,475 SH   SOLE   4,475 0 0
iShares 3-7 Year Treasury Bond ETP 464288661 1,731 14,422 SH   SOLE   14,422 0 0
iShares Short Treasury Bond ET ETP 464288679 708 6,411 SH   SOLE   6,411 0 0
iShares MSCI EAFE Growth ETF ETP 464288885 866 10,992 SH   SOLE   10,992 0 0
iShares MSCI Europe Financials ETP 464289180 422 20,849 SH   SOLE   20,849 0 0
iShares MSCI Indonesia ETF ETP 46429B309 2,455 106,880 SH   SOLE   106,880 0 0
iShares MSCI Philippines ETF ETP 46429B408 1,091 36,188 SH   SOLE   36,188 0 0
iShares MSCI India ETF ETP 46429B598 4,391 131,908 SH   SOLE   131,908 0 0
iShares MSCI Poland ETF ETP 46429B606 806 36,998 SH   SOLE   36,998 0 0
iShares MSCI China ETF ETP 46429B671 35,946 556,446 SH   SOLE   556,446 0 0
iShares Edge MSCI Min Vol EAFE ETP 46429B689 708 9,946 SH   SOLE   9,946 0 0
iShares 0-5 Year TIPS Bond ETF ETP 46429B747 3,552 35,631 SH   SOLE   35,631 0 0
iShares Core MSCI Total Intern ETP 46432F834 3,887 64,635 SH   SOLE   64,635 0 0
iShares Currency Hedged MSCI E ETP 46434G509 2,203 86,013 SH   SOLE   86,013 0 0
iShares MSCI Malaysia ETF ETP 46434G814 9,140 293,146 SH   SOLE   293,146 0 0
iShares MSCI Japan ETF ETP 46434G822 7,280 125,720 SH   SOLE   125,720 0 0
iShares MSCI Italy ETF ETP 46434G830 570 19,742 SH   SOLE   19,742 0 0
iShares Edge MSCI Multifactor ETP 46434V316 1,784 59,402 SH   SOLE   59,402 0 0
iShares Currency Hedged MSCI E ETP 46434V639 2,972 98,879 SH   SOLE   98,879 0 0
iShares Core MSCI Pacific ETF ETP 46434V696 2,117 36,708 SH   SOLE   36,708 0 0
iShares Currency Hedged MSCI G ETP 46434V704 209 7,509 SH   SOLE   7,509 0 0
iShares Core MSCI Europe ETF ETP 46434V738 26,490 556,750 SH   SOLE   556,750 0 0
iShares MSCI UAE ETF ETP 46434V761 291 19,178 SH   SOLE   19,178 0 0
iShares Currency Hedged MSCI E ETP 46434V803 2,071 69,956 SH   SOLE   69,956 0 0
iShares Currency Hedged MSCI J ETP 46434V886 444 13,757 SH   SOLE   13,757 0 0
iShares Currency Hedged MSCI C ETP 46435G706 309 11,475 SH   SOLE   11,475 0 0
iShares Currency Hedged JPX-Ni ETP 46435G722 356 12,136 SH   SOLE   12,136 0 0
iShares Currency Hedged MSCI S ETP 46435G813 476 21,896 SH   SOLE   21,896 0 0
iShares Currency Hedged MSCI I ETP 46435G821 456 26,614 SH   SOLE   26,614 0 0
iShares Currency Hedged MSCI A ETP 46435G847 1,108 41,827 SH   SOLE   41,827 0 0
iShares Currency Hedged MSCI A ETP 46435G854 1,066 35,984 SH   SOLE   35,984 0 0
iShares Currency Hedged MSCI U ETP 46435G862 480 19,358 SH   SOLE   19,358 0 0
iShares Robotics & Artificial ETP 46435U556 4,469 188,175 SH   SOLE   188,175 0 0
Morgan Stanley ETP 617480280 1,376 26,007 SH   SOLE   26,007 0 0
Novartis AG ADR 66987V109 329 4,349 SH   SOLE   4,349 0 0
PIMCO 1-5 Year U.S. TIPS Index ETP 72201R205 436 8,433 SH   SOLE   8,433 0 0
PIMCO 0-5 Year High Yield Corp ETP 72201R783 33,803 339,624 SH   SOLE   339,624 0 0
ProShares UltraShort Silver ETP 74347W114 522 15,170 SH   SOLE   15,170 0 0
ProShares Ultra VIX Short-Term ETP 74347W163 1,529 123,877 SH   SOLE   123,877 0 0
ProShares VIX Short-Term Futur ETP 74347W171 669 21,932 SH   SOLE   21,932 0 0
ProShares UltraPro 3x Crude Oi ETP 74347W221 747 11,854 SH   SOLE   11,854 0 0
ProShares Ultra Bloomberg Crud ETP 74347W247 4,477 130,222 SH   SOLE   130,222 0 0
ProShares UltraShort Gold ETP 74347W395 2,679 35,535 SH   SOLE   35,535 0 0
ProShares UltraShort Australia ETP 74347W460 994 19,724 SH   SOLE   19,724 0 0
ProShares Ultra Gold ETP 74347W601 1,088 29,772 SH   SOLE   29,772 0 0
ProShares Short VIX Short-Term ETP 74347W627 8,147 640,457 SH   SOLE   640,457 0 0
ProShares Short Euro ETF ETP 74347W742 292 7,028 SH   SOLE   7,028 0 0
ProShares Ultra Euro ETP 74347W874 391 24,317 SH   SOLE   24,317 0 0
ProShares Ultra Bloomberg Natu ETP 74347Y706 652 22,260 SH   SOLE   22,260 0 0
ProShares UltraPro 3x Short Cr ETP 74347Y805 240 12,466 SH   SOLE   12,466 0 0
Royal Dutch Shell PLC ADR 780259206 1,229 17,755 SH   SOLE   17,755 0 0
SK Telecom Co Ltd ADR 78440P108 233 10,000 SH   SOLE   10,000 0 0
SPDR STOXX Europe 50 ETF ETP 78463X103 2,010 60,132 SH   SOLE   60,132 0 0
SPDR EURO STOXX 50 ETF ETP 78463X202 15,988 417,103 SH   SOLE   417,103 0 0
SPDR MSCI EAFE StrategicFactor ETP 78463X434 3,690 58,857 SH   SOLE   58,857 0 0
SPDR Portfolio Emerging Market ETP 78463X509 3,102 87,763 SH   SOLE   87,763 0 0
SPDR S&P International Dividen ETP 78463X772 683 17,833 SH   SOLE   17,833 0 0
SPDR MSCI ACWI ex-US ETF ETP 78463X848 9,923 268,053 SH   SOLE   268,053 0 0
SPDR S&P International Small C ETP 78463X871 335 9,768 SH   SOLE   9,768 0 0
SPDR Portfolio Developed World ETP 78463X889 6,319 207,856 SH   SOLE   207,856 0 0
SPDR Bloomberg Barclays Emergi ETP 78464A391 1,540 57,117 SH   SOLE   57,117 0 0
SPDR Bloomberg Barclays Interm ETP 78464A672 5,947 101,329 SH   SOLE   101,329 0 0
SPDR S&P Oil & Gas Exploration ETP 78464A730 228 5,284 SH   SOLE   5,284 0 0
SPDR S&P MidCap 400 ETF Trust ETP 78467Y107 14,053 39,584 SH   SOLE   39,584 0 0
SPDR Bloomberg Barclays Invest ETP 78468R200 1,064 34,588 SH   SOLE   34,588 0 0
SPDR Bloomberg Barclays Short ETP 78468R408 3,539 129,682 SH   SOLE   129,682 0 0
SPDR ICE BofAML Crossover Corp ETP 78468R606 1,138 44,937 SH   SOLE   44,937 0 0
Schwab Emerging Markets Equity ETP 808524706 37,371 1,443,450 SH   SOLE   1,443,450 0 0
Schwab International Equity ET ETP 808524805 30,556 924,532 SH   SOLE   924,532 0 0
Financial Select Sector SPDR F ETP 81369Y605 263 9,881 SH   SOLE   9,881 0 0
Teucrium Corn Fund ETP 88166A102 1,157 70,407 SH   SOLE   70,407 0 0
Teucrium Wheat Fund ETP 88166A508 213 33,357 SH   SOLE   33,357 0 0
United States Brent Oil Fund L ETP 91167Q100 518 23,342 SH   SOLE   23,342 0 0
United States Oil Fund LP ETP 91232N108 3,287 218,263 SH   SOLE   218,263 0 0
United States 12 Month Oil Fun ETP 91288V103 697 27,540 SH   SOLE   27,540 0 0
United States 3x Short Oil Fun ETP 91733T406 101 20,776 SH   SOLE   20,776 0 0
VanEck Vectors Emerging Market ETP 92189F353 11,997 523,220 SH   SOLE   523,220 0 0
VanEck Vectors Russia ETF ETP 92189F403 4,545 213,994 SH   SOLE   213,994 0 0
VanEck Vectors J.P. Morgan EM ETP 92189F494 31,712 1,863,204 SH   SOLE   1,863,204 0 0
Vanguard FTSE Developed Market ETP 921943858 208,913 4,869,758 SH   SOLE   4,869,758 0 0
Vanguard Emerging Markets Gove ETP 921946885 6,047 80,192 SH   SOLE   80,192 0 0
Vanguard FTSE Emerging Markets ETP 922042858 898 21,287 SH   SOLE   21,287 0 0
Vanguard FTSE Pacific ETF ETP 922042866 8,027 114,699 SH   SOLE   114,699 0 0
Vanguard Short-Term Treasury E ETP 92206C102 1,780 29,702 SH   SOLE   29,702 0 0
Vanguard Total Stock Market ET ETP 922908769 3,440 24,498 SH   SOLE   24,498 0 0
WisdomTree Chinese Yuan Strate ETP 97717W182 869 33,389 SH   SOLE   33,389 0 0
WisdomTree Brazilian Real Stra ETP 97717W240 273 16,979 SH   SOLE   16,979 0 0
WisdomTree Emerging Markets Hi ETP 97717W315 1,907 44,482 SH   SOLE   44,482 0 0
WisdomTree Germany Hedged Equi ETP 97717W448 4,103 137,828 SH   SOLE   137,828 0 0
WisdomTree Bloomberg U.S. Doll ETP 97717W471 541 20,355 SH   SOLE   20,355 0 0
WisdomTree International Equit ETP 97717W703 395 7,486 SH   SOLE   7,486 0 0
WisdomTree International Large ETP 97717W794 330 6,908 SH   SOLE   6,908 0 0
WisdomTree Europe SmallCap Div ETP 97717W869 955 14,636 SH   SOLE   14,636 0 0
Wisdomtree Global EX-Mexico Eq ETP 97717X222 1,861 63,300 SH   SOLE   63,300 0 0
Wisdomtree Europe Hedged Small ETP 97717X552 303 10,075 SH   SOLE   10,075 0 0
WisdomTree International Hedge ETP 97717X594 544 17,105 SH   SOLE   17,105 0 0