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 TOTAL DYNAMIC DIVD COM SH BEN INT 00326L100 156 21,691 SH   DFND   21,691 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 1,766 55,000 SH Put DFND   55,000 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 321 10,000 SH   DFND   10,000 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 278 25,000 SH   DFND   25,000 0 0
ANADARKO PETE CORP COM 032511107 2,192 50,000 SH Put DFND   50,000 0 0
ANADARKO PETE CORP COM 032511107 1,797 41,000 SH   DFND   41,000 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 1,330 106,000 SH Call DFND   106,000 0 0
APPLE INC COM 037833100 5,000 31,700 SH Call DFND   31,700 0 0
APPLE INC COM 037833100 3,155 20,000 SH Put DFND   20,000 0 0
APPLE INC COM 037833100 631 4,000 SH   DFND   4,000 0 0
ASA GOLD AND PRECIOUS MTLS L SHS G3156P103 3,182 336,335 SH   DFND   336,335 0 0
BANK AMER CORP COM 060505104 2,957 120,000 SH Put DFND   120,000 0 0
BARRICK GOLD CORP COM 067901108 2,696 199,100 SH Call DFND   199,100 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 941 133,228 SH   DFND   133,228 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 4,418 85,000 SH Put DFND   85,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,575 30,300 SH   DFND   30,300 0 0
CARNIVAL PLC ADR 14365C103 340 6,979 SH   DFND   6,979 0 0
CF FIN ACQUISITION CORP UNIT 04/30/2025 12528N206 3,456 345,600 SH   DFND   345,600 0 0
CHESAPEAKE ENERGY CORP NOTE 5.500% 9/1 165167CY1 2,034 2,500,000 PRN   DFND   2,500,000 0 0
CISCO SYS INC COM 17275R102 2,816 65,000 SH Call DFND   65,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108 6,433 40,000 SH Call DFND   40,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108 161 1,000 SH   DFND   1,000 0 0
CONSTELLIUM NV CL A N22035104 359 51,335 SH   DFND   51,335 0 0
CRAWFORD & CO CL B 224633107 432 47,975 SH   DFND   47,975 0 0
CROWN HOLDINGS INC COM 228368106 1,155 27,780 SH   DFND   27,780 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,218 45,000 SH Call DFND   45,000 0 0
DEL TACO RESTAURANTS INC *W EXP 06/30/202 245496112 896 807,155 SH   DFND   807,155 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 736 14,750 SH   DFND   14,750 0 0
DOMINION ENERGY INC COM 25746U109 3,223 45,100 SH Call DFND   45,100 0 0
DOMINION ENERGY INC COM 25746U109 586 8,200 SH Put DFND   8,200 0 0
DOMINION ENERGY INC UNIT 08/15/2019 25746U836 8,431 176,009 SH   DFND   176,009 0 0
DROPBOX INC CL A 26210C104 245 11,980 SH   DFND   11,980 0 0
DYCOM INDS INC COM 267475101 1,081 20,000 SH Put DFND   20,000 0 0
DYCOM INDS INC NOTE 0.750% 9/1 267475AB7 1,392 1,500,000 PRN   DFND   1,500,000 0 0
ENSCO JERSEY FIN LTD NOTE 3.000% 1/3 29359WAB1 291 450,000 PRN   DFND   450,000 0 0
EXXON MOBIL CORP COM 30231G102 3,069 45,000 SH Put DFND   45,000 0 0
FACEBOOK INC CL A 30303M102 3,277 25,000 SH Put DFND   25,000 0 0
FACEBOOK INC CL A 30303M102 2,884 22,000 SH   DFND   22,000 0 0
FALCON MINERALS CORP *W EXP 07/21/202 30607B208 107 178,524 SH   DFND   178,524 0 0
FIRST DATA CORP NEW COM CL A 32008D106 790 46,725 SH   DFND   46,725 0 0
FLEXION THERAPEUTICS INC NOTE 3.375% 5/0 33938JAB2 648 803,000 PRN   DFND   803,000 0 0
FORTIVE CORP 5% PFD CNV SER A 34959J207 240 264 SH   DFND   264 0 0
FREEPORT-MCMORAN INC CL B 35671D857 309 30,000 SH   DFND   30,000 0 0
GENERAL ELECTRIC CO COM 369604103 379 50,000 SH Call DFND   50,000 0 0
GENERAL MTRS CO *W EXP 07/10/201 37045V126 446 28,059 SH   DFND   28,059 0 0
GENERAL MTRS CO COM 37045V100 1,004 30,000 SH Call DFND   30,000 0 0
HERBALIFE NUTRITION LTD COM SHS G4412G101 4,575 77,600 SH Put DFND   77,600 0 0
HIGHLAND FLOATNG RATE OPPRT SHS BEN INT 43010E404 9,717 759,106 SH   DFND   759,106 0 0
HILTON GRAND VACATIONS INC COM 43283X105 515 19,530 SH   DFND   19,530 0 0
HOSTESS BRANDS INC *W EXP 11/04/202 44109J114 600 645,847 SH   DFND   645,847 0 0
INTERNATIONAL GAME TECHNOLOG SHS USD G4863A108 834 56,980 SH   DFND   56,980 0 0
INTL PAPER CO COM 460146103 404 10,000 SH   DFND   10,000 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 46,179 421,800 SH Call DFND   421,800 0 0
INVESCO CURRENCYSHARES EURO EURO SHS 46138K103 15,787 144,200 SH Put DFND   144,200 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 392 38,218 SH   DFND   38,218 0 0
INVESCO EXCHNG TRADED FD TR SR LN ETF 46138G508 2,178 100,000 SH Put DFND   100,000 0 0
INVESCO EXCHNG TRADED FD TR SR LN ETF 46138G508 414 19,000 SH   DFND   19,000 0 0
INVESCO SR INCOME TR COM 46131H107 512 130,854 SH   DFND   130,854 0 0
IQIYI INC SPONSORED ADS 46267X108 2,231 150,000 SH Put DFND   150,000 0 0
IQIYI INC SPONSORED ADS 46267X108 112 7,500 SH   DFND   7,500 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 3,438 90,000 SH Put DFND   90,000 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 840 22,000 SH   DFND   22,000 0 0
ISHARES INC MSCI STH AFR ETF 464286780 350 6,946 SH   DFND   6,946 0 0
ISHARES TR 20 YR TR BD ETF 464287432 34,630 285,000 SH Call DFND   285,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432 1,215 10,000 SH Put DFND   10,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432 6,076 50,000 SH   DFND   50,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 625 16,000 SH Call DFND   16,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 23,214 594,000 SH Put DFND   594,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 9,898 253,272 SH   DFND   253,272 0 0
ISHARES TR IBOXX HI YD ETF 464288513 8,110 100,000 SH Put DFND   100,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 608 7,500 SH   DFND   7,500 0 0
ISHARES TR JPMORGAN USD EMG 464288281 86,681 834,193 SH   DFND   834,193 0 0
ISHARES TR MSCI EAFE ETF 464287465 2,939 50,000 SH Put DFND   50,000 0 0
ISHARES TR MSCI EAFE ETF 464287465 2,939 50,000 SH   DFND   50,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,953 50,000 SH Call DFND   50,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,953 50,000 SH Put DFND   50,000 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 166 4,250 SH   DFND   4,250 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 6,915 51,641 SH   DFND   51,641 0 0
KROGER CO COM 501044101 688 25,000 SH Call DFND   25,000 0 0
KROGER CO COM 501044101 688 25,000 SH Put DFND   25,000 0 0
KROGER CO COM 501044101 91 3,300 SH   DFND   3,300 0 0
MAGNOLIA OIL & GAS CORP *W EXP 07/31/202 559663117 683 225,458 SH   DFND   225,458 0 0
MARRIOTT VACATIONS WRLDWDE C COM 57164Y107 1,273 18,060 SH   DFND   18,060 0 0
MELLANOX TECHNOLOGIES LTD SHS M51363113 1,478 15,995 SH   DFND   15,995 0 0
MICROCHIP TECHNOLOGY INC NOTE 1.625% 2/1 595017AD6 9,883 7,000,000 PRN   DFND   7,000,000 0 0
MICRON TECHNOLOGY INC NOTE 3.000%11/1 595112AY9 11,088 10,000,000 PRN   DFND   10,000,000 0 0
MICROSOFT CORP COM 594918104 6,094 60,000 SH Call DFND   60,000 0 0
MICROSOFT CORP COM 594918104 10,157 100,000 SH Put DFND   100,000 0 0
MICROSOFT CORP COM 594918104 9,704 95,540 SH   DFND   95,540 0 0
NEWELL BRANDS INC COM 651229106 892 48,000 SH Call DFND   48,000 0 0
NEWMONT MINING CORP COM 651639106 3,368 97,200 SH Call DFND   97,200 0 0
NIKE INC CL B 654106103 2,780 37,500 SH Call DFND   37,500 0 0
NIKE INC CL B 654106103 1,483 20,000 SH Put DFND   20,000 0 0
NIKE INC CL B 654106103 1,335 18,000 SH   DFND   18,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 10,468 70,000 SH Call DFND   70,000 0 0
NUVEEN CR STRATEGIES INCM FD COM SHS 67073D102 439 59,271 SH   DFND   59,271 0 0
PALO ALTO NETWORKS INC COM 697435105 1,563 8,300 SH Put DFND   8,300 0 0
PGIM SHORT DURATION HIGH YIE COM 69346H100 2,828 217,075 SH   DFND   217,075 0 0
REALPAGE INC COM 75606N109 744 15,445 SH   DFND   15,445 0 0
REALPAGE INC NOTE 1.500%11/1 75606NAB5 2,584 2,000,000 PRN   DFND   2,000,000 0 0
RESTORATION HARDWARE HLDGS I DBCV 7/1 761283AC4 1,022 875,000 PRN   DFND   875,000 0 0
ROYAL GOLD INC COM 780287108 1,610 18,800 SH Call DFND   18,800 0 0
SCHLUMBERGER LTD COM 806857108 920 25,500 SH Call DFND   25,500 0 0
SCHLUMBERGER LTD COM 806857108 2,345 65,000 SH Put DFND   65,000 0 0
SCHLUMBERGER LTD COM 806857108 2,365 65,538 SH   DFND   65,538 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 1,016 20,000 SH Call DFND   20,000 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 3,555 70,000 SH Put DFND   70,000 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 1,625 32,000 SH   DFND   32,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2,646 50,000 SH Call DFND   50,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 7,938 150,000 SH Put DFND   150,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 1,349 25,500 SH   DFND   25,500 0 0
SERVICENOW INC NOTE 6/0 81762PAC6 2,805 2,000,000 PRN   DFND   2,000,000 0 0
SIRIUS XM HLDGS INC COM 82968B103 1,638 286,800 SH Put DFND   286,800 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 7,760 64,000 SH Call DFND   64,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 13 105 SH   DFND   105 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 459,353 1,838,000 SH Call DFND   1,838,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 255 1,019 SH   DFND   1,019 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 3,588 50,000 SH Put DFND   50,000 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 2,153 30,000 SH   DFND   30,000 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 1,669 298,491 SH   DFND   298,491 0 0
TOTAL S A SPONSORED ADR 89151E109 5,077 97,300 SH Call DFND   97,300 0 0
TURQUOISE HILL RES LTD COM 900435108 701 425,000 SH Put DFND   425,000 0 0
TURQUOISE HILL RES LTD COM 900435108 619 375,000 SH   DFND   375,000 0 0
UBS AG LONDON BRH ETRACS MTH 2XLV 90270L842 2,110 176,707 SH   DFND   176,707 0 0
US FOODS HLDG CORP COM 912008109 1,063 33,585 SH   DFND   33,585 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 8,436 400,000 SH Call DFND   400,000 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 6,327 300,000 SH Put DFND   300,000 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 174 8,250 SH   DFND   8,250 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 2,925 96,786 SH   DFND   96,786 0 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189F718 1,403 100,000 SH Call DFND   100,000 0 0
VIRTUS INVT PARTNERS INC PFD CV SER D 92828Q208 609 8,000 SH   DFND   8,000 0 0
VISTRA ENERGY CORP COM 92840M102 2,296 100,300 SH Call DFND   100,300 0 0
VISTRA ENERGY CORP UNIT 02/02/2024 92840M300 8,607 93,988 SH   DFND   93,988 0 0
VMWARE INC CL A COM 928563402 344 2,505 SH   DFND   2,505 0 0
VOYA PRIME RATE TR SH BEN INT 92913A100 789 175,671 SH   DFND   175,671 0 0
WILLSCOT CORP COM 971375126 653 69,280 SH   DFND   69,280 0 0
XPO LOGISTICS INC COM 983793100 323 5,670 SH   DFND   5,670 0 0
ZAYO GROUP HLDGS INC COM 98919V105 365 16,000 SH   DFND   16,000 0 0
ZIONS BANCORPORATION N A *W EXP 05/21/202 989701115 3,730 396,767 SH   DFND   396,767 0 0
ZIONS BANCORPORATION N A COM 989701107 5 124 SH   DFND   124 0 0