<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
   <infoTable>
       <nameOfIssuer>ALERIAN MLP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>00162Q866</cusip>
       <value>1608</value>
       <shrsOrPrnAmt>
           <sshPrnamt>91077</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>91077</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ALERIAN MLP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>00162Q906</cusip>
       <value>162</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ALERIAN MLP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>00162Q956</cusip>
       <value>339</value>
       <shrsOrPrnAmt>
           <sshPrnamt>19200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>19200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CONSUMER DISCRETIONARY SELT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y407</cusip>
       <value>993</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15345</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15345</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CONSUMER DISCRETIONARY SELT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y907</cusip>
       <value>10789</value>
       <shrsOrPrnAmt>
           <sshPrnamt>166700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>166700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CONSUMER DISCRETIONARY SELT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y957</cusip>
       <value>15481</value>
       <shrsOrPrnAmt>
           <sshPrnamt>239200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>239200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CONSUMER STAPLES SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y308</cusip>
       <value>560</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13009</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13009</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CONSUMER STAPLES SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y308</cusip>
       <value>1</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>13</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CONSUMER STAPLES SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y908</cusip>
       <value>10998</value>
       <shrsOrPrnAmt>
           <sshPrnamt>255400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>255400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CONSUMER STAPLES SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y958</cusip>
       <value>6554</value>
       <shrsOrPrnAmt>
           <sshPrnamt>152200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>152200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES AUSTRALIAN DO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129U101</cusip>
       <value>91</value>
       <shrsOrPrnAmt>
           <sshPrnamt>982</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>982</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES AUSTRALIAN DO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129U901</cusip>
       <value>2052</value>
       <shrsOrPrnAmt>
           <sshPrnamt>22100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>22100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES AUSTRALIAN DO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129U951</cusip>
       <value>2749</value>
       <shrsOrPrnAmt>
           <sshPrnamt>29600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>29600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES BRITISH POUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129S106</cusip>
       <value>28</value>
       <shrsOrPrnAmt>
           <sshPrnamt>172</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>172</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES BRITISH POUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129S906</cusip>
       <value>1330</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES BRITISH POUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129S956</cusip>
       <value>1018</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES CANADIAN DOLL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129X105</cusip>
       <value>106</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1180</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1180</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES CANADIAN DOLL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129X905</cusip>
       <value>2132</value>
       <shrsOrPrnAmt>
           <sshPrnamt>23700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>23700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES CANADIAN DOLL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129X955</cusip>
       <value>2329</value>
       <shrsOrPrnAmt>
           <sshPrnamt>25900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>25900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES EURO TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23130C108</cusip>
       <value>1110</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8157</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8157</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES EURO TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23130C908</cusip>
       <value>10093</value>
       <shrsOrPrnAmt>
           <sshPrnamt>74200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>74200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES EURO TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23130C958</cusip>
       <value>13685</value>
       <shrsOrPrnAmt>
           <sshPrnamt>100600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>100600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES JAPANESE YEN TRUS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23130A902</cusip>
       <value>5322</value>
       <shrsOrPrnAmt>
           <sshPrnamt>56300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>56300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES JAPANESE YEN TRUS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23130A952</cusip>
       <value>8328</value>
       <shrsOrPrnAmt>
           <sshPrnamt>88100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>88100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES SWISS FRANC</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129V109</cusip>
       <value>454</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4103</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4103</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES SWISS FRANC</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129V909</cusip>
       <value>775</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CURRENCYSHARES SWISS FRANC</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>23129V959</cusip>
       <value>675</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DAILY 20 YEAR PLUS TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y678</cusip>
       <value>270</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4742</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4742</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DAILY 20 YEAR PLUS TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W540</cusip>
       <value>1184</value>
       <shrsOrPrnAmt>
           <sshPrnamt>21978</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>21978</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DAILY 20 YEAR PLUS TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W900</cusip>
       <value>447</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DAILY 20 YEAR PLUS TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y908</cusip>
       <value>3887</value>
       <shrsOrPrnAmt>
           <sshPrnamt>68300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>68300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DAILY 20 YEAR PLUS TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W950</cusip>
       <value>760</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>14100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DAILY 20 YEAR PLUS TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y958</cusip>
       <value>1514</value>
       <shrsOrPrnAmt>
           <sshPrnamt>26600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>26600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DAILY FINL BEAR 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y447</cusip>
       <value>116</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5966</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5966</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DAILY FINL BEAR 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y907</cusip>
       <value>4280</value>
       <shrsOrPrnAmt>
           <sshPrnamt>219600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>219600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DAILY FINL BEAR 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y957</cusip>
       <value>3697</value>
       <shrsOrPrnAmt>
           <sshPrnamt>189700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
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           <None>0</None>
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       <titleOfClass>Cmn</titleOfClass>
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       <shrsOrPrnAmt>
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       <investmentDiscretion>DFND</investmentDiscretion>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W955</cusip>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y389</cusip>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y909</cusip>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y959</cusip>
       <value>8697</value>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y611</cusip>
       <value>24</value>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y901</cusip>
       <value>175</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y951</cusip>
       <value>95</value>
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           <sshPrnamt>4800</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y903</cusip>
       <value>498</value>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y953</cusip>
       <value>174</value>
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           <sshPrnamt>3700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>3700</Sole>
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           <None>0</None>
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       <cusip>25459Y901</cusip>
       <value>2237</value>
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           <sshPrnamt>72700</sshPrnamt>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>72700</Sole>
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           <None>0</None>
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       <cusip>25459Y951</cusip>
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       <shrsOrPrnAmt>
           <sshPrnamt>12200</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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   <infoTable>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W902</cusip>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W952</cusip>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W458</cusip>
       <value>53</value>
       <shrsOrPrnAmt>
           <sshPrnamt>592</sshPrnamt>
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       <investmentDiscretion>DFND</investmentDiscretion>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W908</cusip>
       <value>1169</value>
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           <sshPrnamt>13000</sshPrnamt>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W958</cusip>
       <value>647</value>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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       <investmentDiscretion>DFND</investmentDiscretion>
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       <titleOfClass>Cmn</titleOfClass>
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       <value>5</value>
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       <putCall>Put</putCall>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y439</cusip>
       <value>125</value>
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       <titleOfClass>Cmn</titleOfClass>
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       <putCall>Call</putCall>
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       <titleOfClass>Cmn</titleOfClass>
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       <putCall>Put</putCall>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W102</cusip>
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           <sshPrnamt>990</sshPrnamt>
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       <titleOfClass>Cmn</titleOfClass>
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   <infoTable>
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       <titleOfClass>Cmn</titleOfClass>
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       <titleOfClass>Cmn</titleOfClass>
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       <cusip>25459Y956</cusip>
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       <titleOfClass>Cmn</titleOfClass>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y954</cusip>
       <value>156</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DLY REAL EST BULL3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W755</cusip>
       <value>67</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1358</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1358</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DLY REAL EST BULL3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W905</cusip>
       <value>500</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DLY REAL EST BULL3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W955</cusip>
       <value>188</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DLY SM CAP BEAR 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y488</cusip>
       <value>2165</value>
       <shrsOrPrnAmt>
           <sshPrnamt>138666</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>138666</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DLY SM CAP BEAR 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y908</cusip>
       <value>6135</value>
       <shrsOrPrnAmt>
           <sshPrnamt>393000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>393000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXION DLY SM CAP BEAR 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y958</cusip>
       <value>8047</value>
       <shrsOrPrnAmt>
           <sshPrnamt>515500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>515500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXIONSHARES ENERGY BULL 3X SH</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W908</cusip>
       <value>6318</value>
       <shrsOrPrnAmt>
           <sshPrnamt>69100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>69100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXIONSHARES ENERGY BULL 3X SH</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W958</cusip>
       <value>6318</value>
       <shrsOrPrnAmt>
           <sshPrnamt>69100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>69100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXIONSHARES FINANCIAL BULL 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y904</cusip>
       <value>53967</value>
       <shrsOrPrnAmt>
           <sshPrnamt>570600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>570600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXIONSHARES FINANCIAL BULL 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459Y954</cusip>
       <value>61685</value>
       <shrsOrPrnAmt>
           <sshPrnamt>652200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>652200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXIONSHARES SMALL CAP BULL 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W907</cusip>
       <value>36074</value>
       <shrsOrPrnAmt>
           <sshPrnamt>461900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>461900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>DIREXIONSHARES SMALL CAP BULL 3X</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25459W957</cusip>
       <value>40651</value>
       <shrsOrPrnAmt>
           <sshPrnamt>520500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>520500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ENERGY SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y506</cusip>
       <value>36388</value>
       <shrsOrPrnAmt>
           <sshPrnamt>408581</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>408581</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ENERGY SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y506</cusip>
       <value>2041</value>
       <shrsOrPrnAmt>
           <sshPrnamt>22920</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>22920</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ENERGY SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y906</cusip>
       <value>35410</value>
       <shrsOrPrnAmt>
           <sshPrnamt>397600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>397600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ENERGY SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y956</cusip>
       <value>69280</value>
       <shrsOrPrnAmt>
           <sshPrnamt>777900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>777900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ETFS GOLD TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>26922Y105</cusip>
       <value>149</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1179</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1179</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ETFS GOLD TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>26922Y905</cusip>
       <value>794</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ETFS GOLD TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>26922Y955</cusip>
       <value>958</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ETFS PHYSICAL PALLADIUM SHAR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>26923A106</cusip>
       <value>374</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4952</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4952</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ETFS PHYSICAL SILVER SHARES</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>26922X107</cusip>
       <value>154</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7910</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7910</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ETFS PHYSICAL SILVER SHARES</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>26922X907</cusip>
       <value>193</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ETFS PHYSICAL SILVER SHARES</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>26922X957</cusip>
       <value>98</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FINANCIAL SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y605</cusip>
       <value>470</value>
       <shrsOrPrnAmt>
           <sshPrnamt>21024</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>21024</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FINANCIAL SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y905</cusip>
       <value>16943</value>
       <shrsOrPrnAmt>
           <sshPrnamt>758400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>758400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FINANCIAL SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y955</cusip>
       <value>50850</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2276200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2276200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST CLOUD COMPUTING</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33734X192</cusip>
       <value>277</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10262</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10262</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST CLOUD COMPUTING</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33734X902</cusip>
       <value>324</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>12000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST CLOUD COMPUTING</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33734X952</cusip>
       <value>30</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST DJ INTERNET INDEX FU</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33733E902</cusip>
       <value>425</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST DJ INTERNET INDEX FU</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33733E952</cusip>
       <value>620</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST HEALTH CARE ALPH</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33734X143</cusip>
       <value>549</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10787</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10787</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST ISE-REV NAT GAS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33734J102</cusip>
       <value>308</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14880</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>14880</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST ISE-REV NAT GAS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33734J902</cusip>
       <value>176</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST MID CAP CORE ALP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33735B108</cusip>
       <value>290</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5635</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5635</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>FIRST TRUST NASDQ 100 EQ WEI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>337344105</cusip>
       <value>233</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6286</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>6286</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>FIRST TRUST NASDQ 100 TECH I</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>337345102</cusip>
       <value>542</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14483</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>14483</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>FIRST TRUST TECHNOLOGY ALPHA</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>33734X176</cusip>
       <value>230</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7390</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7390</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>GLOBAL X SILVER MINERS ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>37950E853</cusip>
       <value>304</value>
       <shrsOrPrnAmt>
           <sshPrnamt>23738</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>23738</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>GLOBAL X SILVER MINERS ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>37950E903</cusip>
       <value>327</value>
       <shrsOrPrnAmt>
           <sshPrnamt>25600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>25600</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>GLOBAL X SILVER MINERS ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>37950E953</cusip>
       <value>266</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20800</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>20800</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>GLOBAL X URANIUM ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>37950E905</cusip>
       <value>936</value>
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           <sshPrnamt>54400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>54400</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>GLOBAL X URANIUM ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>37950E955</cusip>
       <value>239</value>
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           <sshPrnamt>13900</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>GUGGENHEIM ENHANCED SHORT DURA</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>18383M654</cusip>
       <value>217</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4308</sshPrnamt>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>4308</Sole>
           <Shared>0</Shared>
           <None>0</None>
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   <infoTable>
       <nameOfIssuer>GUGGENHEIM INSIDER SENTIMENT E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>18383M209</cusip>
       <value>317</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6648</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>6648</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>GUGGENHEIM RUSSELL TOP 50 MEGA</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78355W205</cusip>
       <value>907</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6991</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>6991</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>GUGGENHEIM S&amp;P 500 EQUAL WEIGH</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78355W106</cusip>
       <value>619</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8474</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>8474</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>GUGGENHEIM SOLAR ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>18383Q739</cusip>
       <value>215</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4852</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4852</Sole>
           <Shared>0</Shared>
           <None>0</None>
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   <infoTable>
       <nameOfIssuer>GUGGENHEIM SOLAR ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>18383Q909</cusip>
       <value>1799</value>
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           <sshPrnamt>40700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>40700</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>GUGGENHEIM SOLAR ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>18383Q959</cusip>
       <value>1618</value>
       <shrsOrPrnAmt>
           <sshPrnamt>36600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>36600</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>HEALTH CARE SELECT SECTOR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y209</cusip>
       <value>974</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16649</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>16649</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>HEALTH CARE SELECT SECTOR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y909</cusip>
       <value>31678</value>
       <shrsOrPrnAmt>
           <sshPrnamt>541600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>541600</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>HEALTH CARE SELECT SECTOR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y959</cusip>
       <value>35234</value>
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           <sshPrnamt>602400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>602400</Sole>
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   <infoTable>
       <nameOfIssuer>HUNTINGTON US EQUITY ROTATIO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
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       <value>484</value>
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           <sshPrnamt>13678</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>INDUSTRIAL SELECT SECT SPDR</nameOfIssuer>
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       <cusip>81369Y704</cusip>
       <value>1</value>
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           <sshPrnamt>10</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>10</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>INDUSTRIAL SELECT SECT SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y904</cusip>
       <value>30985</value>
       <shrsOrPrnAmt>
           <sshPrnamt>592100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>592100</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>INDUSTRIAL SELECT SECT SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y954</cusip>
       <value>29336</value>
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           <sshPrnamt>560600</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>IPATH BLOOMBERG COTTON SUBINDE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>06739H901</cusip>
       <value>186</value>
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           <sshPrnamt>3200</sshPrnamt>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>3200</Sole>
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           <None>0</None>
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   <infoTable>
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           <sshPrnamt>4800</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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   <infoTable>
       <nameOfIssuer>IPATH BLOOMBERG LIVESTOCK SUBI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
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       <value>293</value>
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           <sshPrnamt>9200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
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   <infoTable>
       <nameOfIssuer>IPATH BLOOMBERG LIVESTOCK SUBI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
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       <putCall>Put</putCall>
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   <infoTable>
       <nameOfIssuer>IPATH DJ-UBS COPPER SUBINDX</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>06739F101</cusip>
       <value>192</value>
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           <sshPrnamt>5207</sshPrnamt>
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           <Sole>5207</Sole>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
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   <infoTable>
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       <putCall>Put</putCall>
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           <sshPrnamt>249</sshPrnamt>
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       <putCall>Call</putCall>
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       <putCall>Put</putCall>
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           <sshPrnamt>1002</sshPrnamt>
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           <Sole>1002</Sole>
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           <sshPrnamt>23900</sshPrnamt>
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       <putCall>Call</putCall>
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   <infoTable>
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       <titleOfClass>Cmn</titleOfClass>
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           <sshPrnamt>12700</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
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           <Sole>12700</Sole>
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   <infoTable>
       <nameOfIssuer>IPATH GOLDMAN SACHS CRUDE</nameOfIssuer>
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           <sshPrnamt>16193</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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           <Sole>16193</Sole>
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       <value>410</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>17100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>IPATH GOLDMAN SACHS CRUDE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>06738C956</cusip>
       <value>10</value>
       <shrsOrPrnAmt>
           <sshPrnamt>400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>IPATH S&amp;P 500 VIX S/T FU ETN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>06742E711</cusip>
       <value>1243</value>
       <shrsOrPrnAmt>
           <sshPrnamt>29501</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>29501</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>IPATH S&amp;P 500 VIX S/T FU ETN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>06742E901</cusip>
       <value>92228</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2188100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2188100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>IPATH S&amp;P 500 VIX S/T FU ETN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>06742E951</cusip>
       <value>68553</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1626400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1626400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES 1-3 YEAR TREASURY BOND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287457</cusip>
       <value>266</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3151</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3151</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES 1-3 YEAR TREASURY BOND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287907</cusip>
       <value>802</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES 20+ YEAR TREASURY BOND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287902</cusip>
       <value>36909</value>
       <shrsOrPrnAmt>
           <sshPrnamt>338300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>338300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES 20+ YEAR TREASURY BOND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287952</cusip>
       <value>72475</value>
       <shrsOrPrnAmt>
           <sshPrnamt>664300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>664300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES 3-7 YEAR TREASURY BOND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288661</cusip>
       <value>126</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1045</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1045</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES 3-7 YEAR TREASURY BOND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288901</cusip>
       <value>966</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES 3-7 YEAR TREASURY BOND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288951</cusip>
       <value>169</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES 7-10 YEAR TREASURY BON</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287900</cusip>
       <value>1007</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES 7-10 YEAR TREASURY BON</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287950</cusip>
       <value>1343</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES CHINA LARGE-CAP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287184</cusip>
       <value>351</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9802</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9802</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES CHINA LARGE-CAP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287904</cusip>
       <value>82559</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2307400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2307400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES CHINA LARGE-CAP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287954</cusip>
       <value>80859</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2259900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2259900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES CREDIT BOND ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288620</cusip>
       <value>493</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4501</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4501</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES EUROPE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287861</cusip>
       <value>1166</value>
       <shrsOrPrnAmt>
           <sshPrnamt>24144</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>24144</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES EUROPE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287901</cusip>
       <value>507</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES EUROPE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287951</cusip>
       <value>48</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES GLOBAL 100 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287572</cusip>
       <value>224</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2880</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2880</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES GLOBAL CONSUMER STAPLE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288737</cusip>
       <value>695</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8049</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8049</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES GLOBAL HEALTHCARE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287325</cusip>
       <value>384</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4215</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4215</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES GLOBAL TELECOM ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287275</cusip>
       <value>689</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10296</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10296</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES GOLD TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464285105</cusip>
       <value>163</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13115</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13115</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES GOLD TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464285905</cusip>
       <value>313</value>
       <shrsOrPrnAmt>
           <sshPrnamt>25200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>25200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES GOLD TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464285955</cusip>
       <value>710</value>
       <shrsOrPrnAmt>
           <sshPrnamt>57100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>57100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES HIGH DIVIDEND ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>46429B663</cusip>
       <value>1395</value>
       <shrsOrPrnAmt>
           <sshPrnamt>19520</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>19520</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES IBOXX HIGH YIELD CORP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288513</cusip>
       <value>904</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9575</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9575</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES IBOXX HIGH YIELD CORP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288903</cusip>
       <value>689</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES IBOXX HIGH YIELD CORP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288953</cusip>
       <value>11336</value>
       <shrsOrPrnAmt>
           <sshPrnamt>120100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>120100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES IBOXX INVESTMENT GRADE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287902</cusip>
       <value>655</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES IBOXX INVESTMENT GRADE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287952</cusip>
       <value>3100</value>
       <shrsOrPrnAmt>
           <sshPrnamt>26500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>26500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES J.P. MORGAN USD EMERGI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288281</cusip>
       <value>410</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3683</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3683</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES LATIN AMERICA 40 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287900</cusip>
       <value>596</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>16300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES LATIN AMERICA 40 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287950</cusip>
       <value>563</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MBS ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288588</cusip>
       <value>1207</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11372</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11372</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MICRO-CAP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288869</cusip>
       <value>230</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2979</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2979</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MICRO-CAP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288909</cusip>
       <value>178</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MICRO-CAP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288959</cusip>
       <value>456</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI ACWI EX US ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288240</cusip>
       <value>425</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9122</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9122</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI ALL PERU CAPPED E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464289842</cusip>
       <value>127</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3926</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3926</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI ALL PERU CAPPED E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464289902</cusip>
       <value>26</value>
       <shrsOrPrnAmt>
           <sshPrnamt>800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI ALL PERU CAPPED E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464289952</cusip>
       <value>90</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI AUSTRALIA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286903</cusip>
       <value>1374</value>
       <shrsOrPrnAmt>
           <sshPrnamt>53100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>53100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI AUSTRALIA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286953</cusip>
       <value>181</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI BRAZIL CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286400</cusip>
       <value>560</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12437</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>12437</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI BRAZIL CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286900</cusip>
       <value>77772</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1727500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1727500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI BRAZIL CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286950</cusip>
       <value>78965</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1754000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1754000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI BRIC ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286657</cusip>
       <value>443</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12221</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>12221</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI CANADA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286909</cusip>
       <value>452</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI CANADA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286959</cusip>
       <value>192</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI CHILE CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286640</cusip>
       <value>104</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2277</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2277</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI CHILE CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286900</cusip>
       <value>159</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI CHILE CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286950</cusip>
       <value>173</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI EAFE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287465</cusip>
       <value>3058</value>
       <shrsOrPrnAmt>
           <sshPrnamt>45529</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>45529</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI EAFE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287465</cusip>
       <value>27</value>
       <shrsOrPrnAmt>
           <sshPrnamt>400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI EAFE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287905</cusip>
       <value>41840</value>
       <shrsOrPrnAmt>
           <sshPrnamt>622900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>622900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI EAFE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287955</cusip>
       <value>40537</value>
       <shrsOrPrnAmt>
           <sshPrnamt>603500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>603500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI EAFE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287955</cusip>
       <value>44292</value>
       <shrsOrPrnAmt>
           <sshPrnamt>659400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>659400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI EAFE GROWTH ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288885</cusip>
       <value>1303</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18367</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>18367</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI EMERGING MARKETS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287234</cusip>
       <value>1233</value>
       <shrsOrPrnAmt>
           <sshPrnamt>30074</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>30074</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI EMERGING MARKETS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287904</cusip>
       <value>162587</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3966500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3966500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI EMERGING MARKETS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287954</cusip>
       <value>229187</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5591300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5591300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI GERMANY ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286806</cusip>
       <value>212</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6760</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6760</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI GERMANY ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286906</cusip>
       <value>2354</value>
       <shrsOrPrnAmt>
           <sshPrnamt>75100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>75100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI GERMANY ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286956</cusip>
       <value>1188</value>
       <shrsOrPrnAmt>
           <sshPrnamt>37900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>37900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI HONG KONG ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286901</cusip>
       <value>241</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>12200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI HONG KONG ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286951</cusip>
       <value>364</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>18400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI ITALY CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286855</cusip>
       <value>434</value>
       <shrsOrPrnAmt>
           <sshPrnamt>24523</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>24523</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI ITALY CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286905</cusip>
       <value>23</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI ITALY CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286955</cusip>
       <value>87</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI JAPAN ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286848</cusip>
       <value>1689</value>
       <shrsOrPrnAmt>
           <sshPrnamt>149112</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>149112</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI JAPAN ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286908</cusip>
       <value>2101</value>
       <shrsOrPrnAmt>
           <sshPrnamt>185400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>185400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI JAPAN ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286958</cusip>
       <value>3836</value>
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           <sshPrnamt>338600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>338600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI MALAYSIA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286830</cusip>
       <value>339</value>
       <shrsOrPrnAmt>
           <sshPrnamt>21640</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>21640</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI MALAYSIA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286900</cusip>
       <value>25</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1600</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
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       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286950</cusip>
       <value>42</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2700</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI MEXICO CAPPED INVESTABLE MARKET INDEX</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286822</cusip>
       <value>98</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1534</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1534</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI MEXICO CAPPED INVESTABLE MARKET INDEX</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286822</cusip>
       <value>13740</value>
       <shrsOrPrnAmt>
           <sshPrnamt>214854</sshPrnamt>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>214854</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI MEXICO CAPPED INVESTABLE MARKET INDEX</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286902</cusip>
       <value>20637</value>
       <shrsOrPrnAmt>
           <sshPrnamt>322700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>322700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI MEXICO CAPPED INVESTABLE MARKET INDEX</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286952</cusip>
       <value>13257</value>
       <shrsOrPrnAmt>
           <sshPrnamt>207300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>207300</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI PACIFIC EX JAPAN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286905</cusip>
       <value>236</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4900</sshPrnamt>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4900</Sole>
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           <None>0</None>
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       <nameOfIssuer>ISHARES MSCI PACIFIC EX JAPAN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286955</cusip>
       <value>101</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2100</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2100</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI POLAND CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>46429B606</cusip>
       <value>446</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14843</sshPrnamt>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>14843</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI SINGAPORE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286673</cusip>
       <value>37</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2860</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2860</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI SINGAPORE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286903</cusip>
       <value>35</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2700</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI SINGAPORE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286953</cusip>
       <value>97</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7400</sshPrnamt>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7400</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI SOUTH AFRICA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286780</cusip>
       <value>1842</value>
       <shrsOrPrnAmt>
           <sshPrnamt>27833</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>27833</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI SOUTH AFRICA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286900</cusip>
       <value>966</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>14600</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI SOUTH AFRICA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286950</cusip>
       <value>556</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI SOUTH KOREA CAPPE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286772</cusip>
       <value>578</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9406</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9406</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI SOUTH KOREA CAPPE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286902</cusip>
       <value>14901</value>
       <shrsOrPrnAmt>
           <sshPrnamt>242300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>242300</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI SOUTH KOREA CAPPE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286952</cusip>
       <value>16058</value>
       <shrsOrPrnAmt>
           <sshPrnamt>261100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>261100</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI SPAIN CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286904</cusip>
       <value>832</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>20400</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI SPAIN CAPPED ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286954</cusip>
       <value>616</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15100</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI TAIWAN ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286731</cusip>
       <value>850</value>
       <shrsOrPrnAmt>
           <sshPrnamt>59122</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>59122</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI TAIWAN ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286901</cusip>
       <value>221</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15400</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI TAIWAN ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286951</cusip>
       <value>217</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15100</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI THAILAND CAPPED E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286624</cusip>
       <value>5</value>
       <shrsOrPrnAmt>
           <sshPrnamt>75</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>75</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI THAILAND CAPPED E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286624</cusip>
       <value>668</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9188</sshPrnamt>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>9188</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI THAILAND CAPPED E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286904</cusip>
       <value>618</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8500</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI THAILAND CAPPED E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286954</cusip>
       <value>138</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1900</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI TURKEY ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286715</cusip>
       <value>85</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1742</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1742</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES MSCI TURKEY ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286905</cusip>
       <value>1017</value>
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           <sshPrnamt>20900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>20900</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI TURKEY ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286955</cusip>
       <value>779</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>16000</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI USA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286699</cusip>
       <value>342</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16596</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>16596</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI USA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286909</cusip>
       <value>383</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>18600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES MSCI USA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464286959</cusip>
       <value>35</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES NASDAQ BIOTECHNOLOGY E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287906</cusip>
       <value>27665</value>
       <shrsOrPrnAmt>
           <sshPrnamt>117000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>117000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES NASDAQ BIOTECHNOLOGY E</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287956</cusip>
       <value>38210</value>
       <shrsOrPrnAmt>
           <sshPrnamt>161600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>161600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES NORTH AMERICAN TECH ET</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287549</cusip>
       <value>250</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2753</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2753</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES NORTH AMERICAN TECH-SO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287515</cusip>
       <value>592</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7109</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7109</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL 1000 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287622</cusip>
       <value>472</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4502</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4502</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL 2000 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287905</cusip>
       <value>475284</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4085300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4085300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL 2000 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287955</cusip>
       <value>1073783</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9229700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9229700</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL 2000 GROWTH ET</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287648</cusip>
       <value>834</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6133</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6133</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL 2000 GROWTH ET</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287908</cusip>
       <value>5170</value>
       <shrsOrPrnAmt>
           <sshPrnamt>38000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>38000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL 2000 GROWTH ET</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287958</cusip>
       <value>4272</value>
       <shrsOrPrnAmt>
           <sshPrnamt>31400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>31400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL 2000 VALUE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287630</cusip>
       <value>273</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2706</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2706</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL 2000 VALUE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287900</cusip>
       <value>1573</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL 2000 VALUE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287950</cusip>
       <value>1785</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>17700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES RUSSELL MID-CAP VALUE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287473</cusip>
       <value>865</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12587</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>12587</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES S&amp;P 100 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287101</cusip>
       <value>276</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3338</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3338</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES S&amp;P 100 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287101</cusip>
       <value>4395</value>
       <shrsOrPrnAmt>
           <sshPrnamt>53078</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>53078</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES S&amp;P 500 GROWTH ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287309</cusip>
       <value>455</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4554</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4554</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES S&amp;P 500 GROWTH ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287309</cusip>
       <value>3</value>
       <shrsOrPrnAmt>
           <sshPrnamt>29</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>29</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES S&amp;P GSCI COMMODITY I</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>46428R107</cusip>
       <value>188</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5710</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5710</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES S&amp;P GSCI COMMODITY I</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>46428R907</cusip>
       <value>429</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES S&amp;P GSCI COMMODITY I</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>46428R957</cusip>
       <value>735</value>
       <shrsOrPrnAmt>
           <sshPrnamt>22300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>22300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES S&amp;P MID-CAP 400 GROWTH</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287606</cusip>
       <value>586</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3829</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3829</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES SELECT DIVIDEND ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287908</cusip>
       <value>975</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES SELECT DIVIDEND ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287958</cusip>
       <value>990</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES SILVER TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>46428Q109</cusip>
       <value>20032</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1052091</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1052091</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES SILVER TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>46428Q909</cusip>
       <value>9665</value>
       <shrsOrPrnAmt>
           <sshPrnamt>507600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>507600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES SILVER TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>46428Q959</cusip>
       <value>24225</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1272300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1272300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES TIPS BOND ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287176</cusip>
       <value>1109</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9893</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9893</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES TIPS BOND ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287906</cusip>
       <value>650</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES TIPS BOND ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287956</cusip>
       <value>1558</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES TRANSPORTATION AVERAGE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287192</cusip>
       <value>12421</value>
       <shrsOrPrnAmt>
           <sshPrnamt>91729</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>91729</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES TRANSPORTATION AVERAGE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287902</cusip>
       <value>4915</value>
       <shrsOrPrnAmt>
           <sshPrnamt>36300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>36300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES TRANSPORTATION AVERAGE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464287952</cusip>
       <value>7150</value>
       <shrsOrPrnAmt>
           <sshPrnamt>52800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>52800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES U.S. AEROSPACE &amp; DEFEN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>464288760</cusip>
       <value>292</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2674</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2674</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ISHARES U.S. BASIC MATERIALS E</nameOfIssuer>
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       <nameOfIssuer>MARKET VECTORS BRAZIL SM-CAP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U613</cusip>
       <value>91</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3154</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3154</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS BRAZIL SM-CAP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U903</cusip>
       <value>75</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS BRAZIL SM-CAP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U953</cusip>
       <value>597</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>20700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS EMERGING MARK</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U522</cusip>
       <value>228</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9664</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9664</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS GOLD MINERS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U100</cusip>
       <value>725</value>
       <shrsOrPrnAmt>
           <sshPrnamt>30718</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>30718</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS GOLD MINERS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U900</cusip>
       <value>30302</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1284000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1284000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS GOLD MINERS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U950</cusip>
       <value>22899</value>
       <shrsOrPrnAmt>
           <sshPrnamt>970300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>970300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS JR GOLD MINERS ET</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57061R904</cusip>
       <value>6655</value>
       <shrsOrPrnAmt>
           <sshPrnamt>184200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>184200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS JR GOLD MINERS ET</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57061R954</cusip>
       <value>3945</value>
       <shrsOrPrnAmt>
           <sshPrnamt>109200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>109200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS OIL SERVICE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U191</cusip>
       <value>4563</value>
       <shrsOrPrnAmt>
           <sshPrnamt>90658</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>90658</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS OIL SERVICE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U901</cusip>
       <value>8284</value>
       <shrsOrPrnAmt>
           <sshPrnamt>164600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>164600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS OIL SERVICE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U951</cusip>
       <value>9135</value>
       <shrsOrPrnAmt>
           <sshPrnamt>181500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>181500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS PHARMACEUTICAL ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U217</cusip>
       <value>507</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8680</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8680</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS PHARMACEUTICAL ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U217</cusip>
       <value>3</value>
       <shrsOrPrnAmt>
           <sshPrnamt>45</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>45</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS PHARMACEUTICAL ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U907</cusip>
       <value>23</value>
       <shrsOrPrnAmt>
           <sshPrnamt>400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS PHARMACEUTICAL ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U957</cusip>
       <value>23</value>
       <shrsOrPrnAmt>
           <sshPrnamt>400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS RARE EARTH/STRATEGIC METALS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57061R536</cusip>
       <value>347</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9776</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9776</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS RARE EARTH/STRATEGIC METALS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57061R906</cusip>
       <value>819</value>
       <shrsOrPrnAmt>
           <sshPrnamt>23100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>23100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS RARE EARTH/STRATEGIC METALS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57061R956</cusip>
       <value>511</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>14400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS RUSSIA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U906</cusip>
       <value>4343</value>
       <shrsOrPrnAmt>
           <sshPrnamt>181100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>181100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS RUSSIA ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U956</cusip>
       <value>2736</value>
       <shrsOrPrnAmt>
           <sshPrnamt>114100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>114100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS SEMICONDUCTOR ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U233</cusip>
       <value>1</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS SEMICONDUCTOR ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U903</cusip>
       <value>2034</value>
       <shrsOrPrnAmt>
           <sshPrnamt>44600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>44600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS SEMICONDUCTOR ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U953</cusip>
       <value>698</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS STEEL INDEX F</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U308</cusip>
       <value>442</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9505</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9505</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS STEEL INDEX F</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U908</cusip>
       <value>698</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS STEEL INDEX F</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U958</cusip>
       <value>168</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS VIETNAM ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U761</cusip>
       <value>202</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9309</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9309</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS-COAL ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U907</cusip>
       <value>198</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MARKET VECTORS-COAL ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>57060U957</cusip>
       <value>194</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MATERIALS SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y100</cusip>
       <value>3453</value>
       <shrsOrPrnAmt>
           <sshPrnamt>73037</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>73037</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MATERIALS SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y900</cusip>
       <value>8728</value>
       <shrsOrPrnAmt>
           <sshPrnamt>184600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>184600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MATERIALS SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y950</cusip>
       <value>14345</value>
       <shrsOrPrnAmt>
           <sshPrnamt>303400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>303400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PIMCO 1-5 YEAR U.S. TIPS INDEX EXCHANGE-TRADED FUN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>72201R205</cusip>
       <value>236</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4458</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4458</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES 1-30 LADDERED TP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936T524</cusip>
       <value>573</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18835</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>18835</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES CHINESE YUAN DIM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73937B753</cusip>
       <value>296</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12109</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>12109</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB AGRICULTURE FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936B908</cusip>
       <value>2686</value>
       <shrsOrPrnAmt>
           <sshPrnamt>94800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>94800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB AGRICULTURE FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936B958</cusip>
       <value>1312</value>
       <shrsOrPrnAmt>
           <sshPrnamt>46300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>46300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB COMMODITY INDEX</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935S105</cusip>
       <value>382</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14632</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>14632</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB COMMODITY INDEX</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935S905</cusip>
       <value>557</value>
       <shrsOrPrnAmt>
           <sshPrnamt>21300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>21300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB COMMODITY INDEX</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935S955</cusip>
       <value>76</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB G10 CURR HARV</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935Y102</cusip>
       <value>434</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16593</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>16593</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB GOLD FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936B606</cusip>
       <value>295</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6862</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6862</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB OIL FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936B507</cusip>
       <value>70</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2450</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2450</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB OIL FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936B907</cusip>
       <value>976</value>
       <shrsOrPrnAmt>
           <sshPrnamt>34100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>34100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB OIL FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936B957</cusip>
       <value>83</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB US DOL IND BU</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936D107</cusip>
       <value>802</value>
       <shrsOrPrnAmt>
           <sshPrnamt>37361</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>37361</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB US DOL IND BU</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936D907</cusip>
       <value>3193</value>
       <shrsOrPrnAmt>
           <sshPrnamt>148800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>148800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DB US DOL IND BU</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936D957</cusip>
       <value>1588</value>
       <shrsOrPrnAmt>
           <sshPrnamt>74000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>74000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DWA SMALLCAP MOMEN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936Q744</cusip>
       <value>277</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7059</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7059</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DYN BIOTECH&amp;GENO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X856</cusip>
       <value>876</value>
       <shrsOrPrnAmt>
           <sshPrnamt>21039</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>21039</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES DYN MEDIA PORT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X823</cusip>
       <value>200</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8063</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8063</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES FINANCIAL PREFRD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X229</cusip>
       <value>183</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10282</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10282</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES FINANCIAL PREFRD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X909</cusip>
       <value>43</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES FINANCIAL PREFRD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X959</cusip>
       <value>36</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES FTSE RAFI US 1K</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X583</cusip>
       <value>485</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5732</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5732</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES GOLDEN DRAGON CHIN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X401</cusip>
       <value>445</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>14800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES GOLDEN DRAGON CHIN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X901</cusip>
       <value>39</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES GOLDEN DRAGON CHIN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X951</cusip>
       <value>15</value>
       <shrsOrPrnAmt>
           <sshPrnamt>500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES NASDAQ INTERNET</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X146</cusip>
       <value>495</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7505</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7505</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES QQQ NASDAQ 100</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935A104</cusip>
       <value>369</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4210</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4210</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES QQQ NASDAQ 100</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935A904</cusip>
       <value>237595</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2709800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2709800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES QQQ NASDAQ 100</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935A954</cusip>
       <value>408852</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4663000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4663000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES SENIOR LOAN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936Q769</cusip>
       <value>763</value>
       <shrsOrPrnAmt>
           <sshPrnamt>30759</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>30759</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES SENIOR LOAN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936Q909</cusip>
       <value>27</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES SENIOR LOAN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73936Q959</cusip>
       <value>784</value>
       <shrsOrPrnAmt>
           <sshPrnamt>31600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>31600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES WATER RESOURCES</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X575</cusip>
       <value>1018</value>
       <shrsOrPrnAmt>
           <sshPrnamt>38165</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>38165</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES WATER RESOURCES</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X905</cusip>
       <value>192</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES WATER RESOURCES</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X955</cusip>
       <value>37</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES WILDERH CLEAN EN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X500</cusip>
       <value>767</value>
       <shrsOrPrnAmt>
           <sshPrnamt>108363</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>108363</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES WILDERH CLEAN EN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X900</cusip>
       <value>33</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>POWERSHARES WILDERH CLEAN EN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>73935X950</cusip>
       <value>7</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSH ULTRAPRO SHORT S&amp;P 500</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A442</cusip>
       <value>370</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6595</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6595</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSH ULTRAPRO SHORT S&amp;P 500</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A902</cusip>
       <value>5072</value>
       <shrsOrPrnAmt>
           <sshPrnamt>90400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>90400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSH ULTRAPRO SHORT S&amp;P 500</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A952</cusip>
       <value>342</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT 20+ TREASURY</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X849</cusip>
       <value>67</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2196</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2196</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT 20+ TREASURY</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X909</cusip>
       <value>544</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>17900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT 20+ TREASURY</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X959</cusip>
       <value>140</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT DOW30 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R701</cusip>
       <value>928</value>
       <shrsOrPrnAmt>
           <sshPrnamt>35690</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>35690</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT DOW30 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R901</cusip>
       <value>328</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>12600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT MSCI EMERGIN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R396</cusip>
       <value>2215</value>
       <shrsOrPrnAmt>
           <sshPrnamt>83747</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>83747</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT RUSSELL2000</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R826</cusip>
       <value>663</value>
       <shrsOrPrnAmt>
           <sshPrnamt>40109</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>40109</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT VIX ST FUTUR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W627</cusip>
       <value>3979</value>
       <shrsOrPrnAmt>
           <sshPrnamt>64216</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>64216</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT VIX ST FUTUR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W907</cusip>
       <value>16007</value>
       <shrsOrPrnAmt>
           <sshPrnamt>258300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>258300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES SHORT VIX ST FUTUR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W957</cusip>
       <value>14049</value>
       <shrsOrPrnAmt>
           <sshPrnamt>226700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>226700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULT MSCI EMER MKTS ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X302</cusip>
       <value>239</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3288</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3288</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA 7-10 YEAR TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R180</cusip>
       <value>233</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4516</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4516</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA BASIC MATERI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R776</cusip>
       <value>58</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1138</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1138</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA BASIC MATERI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R906</cusip>
       <value>974</value>
       <shrsOrPrnAmt>
           <sshPrnamt>19200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>19200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA BASIC MATERI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R956</cusip>
       <value>903</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>17800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA BLOOMBERG NATU</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W902</cusip>
       <value>1491</value>
       <shrsOrPrnAmt>
           <sshPrnamt>32900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>32900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA BLOOMBERG NATU</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W952</cusip>
       <value>1772</value>
       <shrsOrPrnAmt>
           <sshPrnamt>39100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>39100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA DOW30</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R905</cusip>
       <value>2278</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>20000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA DOW30</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R955</cusip>
       <value>4738</value>
       <shrsOrPrnAmt>
           <sshPrnamt>41600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>41600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA FINANCIALS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X633</cusip>
       <value>63</value>
       <shrsOrPrnAmt>
           <sshPrnamt>519</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>519</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA FINANCIALS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X903</cusip>
       <value>3201</value>
       <shrsOrPrnAmt>
           <sshPrnamt>26200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>26200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA FINANCIALS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X953</cusip>
       <value>5388</value>
       <shrsOrPrnAmt>
           <sshPrnamt>44100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>44100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA FTSE CHINA 25</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X880</cusip>
       <value>154</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3104</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3104</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA FTSE CHINA 25</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X900</cusip>
       <value>442</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA FTSE CHINA 25</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X950</cusip>
       <value>1246</value>
       <shrsOrPrnAmt>
           <sshPrnamt>25100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>25100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA GOLD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W901</cusip>
       <value>1386</value>
       <shrsOrPrnAmt>
           <sshPrnamt>29900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>29900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA GOLD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W951</cusip>
       <value>505</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA HEALTH CARE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R735</cusip>
       <value>252</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2798</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2798</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA INDUSTRIALS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R727</cusip>
       <value>349</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3371</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3371</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA NASDAQ BIOTECHNO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R904</cusip>
       <value>455</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA NASDAQ BIOTECHNO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R954</cusip>
       <value>399</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA OIL &amp; GAS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R909</cusip>
       <value>936</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA OIL &amp; GAS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R959</cusip>
       <value>1709</value>
       <shrsOrPrnAmt>
           <sshPrnamt>24100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>24100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA QQQ ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R206</cusip>
       <value>1125</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11317</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11317</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA QQQ ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R906</cusip>
       <value>7101</value>
       <shrsOrPrnAmt>
           <sshPrnamt>71400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>71400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA QQQ ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R956</cusip>
       <value>6236</value>
       <shrsOrPrnAmt>
           <sshPrnamt>62700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>62700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA REAL ESTATE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X625</cusip>
       <value>353</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4446</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4446</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA REAL ESTATE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X905</cusip>
       <value>2102</value>
       <shrsOrPrnAmt>
           <sshPrnamt>26500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>26500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA REAL ESTATE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X955</cusip>
       <value>8233</value>
       <shrsOrPrnAmt>
           <sshPrnamt>103800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>103800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA RUSSELL2000</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R902</cusip>
       <value>1863</value>
       <shrsOrPrnAmt>
           <sshPrnamt>21600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>21600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA RUSSELL2000</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R952</cusip>
       <value>1613</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>18700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA S&amp;P500</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R907</cusip>
       <value>30377</value>
       <shrsOrPrnAmt>
           <sshPrnamt>288400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>288400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA S&amp;P500</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R957</cusip>
       <value>33347</value>
       <shrsOrPrnAmt>
           <sshPrnamt>316600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>316600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA SEMICONDUCTO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R669</cusip>
       <value>568</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9282</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9282</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA SEMICONDUCTO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R909</cusip>
       <value>282</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA SEMICONDUCTO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R959</cusip>
       <value>61</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA SILVER</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W353</cusip>
       <value>170</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2647</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2647</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA SILVER</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W903</cusip>
       <value>2992</value>
       <shrsOrPrnAmt>
           <sshPrnamt>46700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>46700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA SILVER</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W953</cusip>
       <value>3978</value>
       <shrsOrPrnAmt>
           <sshPrnamt>62100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>62100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA TECHNOLOGY</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R693</cusip>
       <value>1108</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9549</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>9549</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA TECHNOLOGY</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R903</cusip>
       <value>626</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA TECHNOLOGY</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R953</cusip>
       <value>847</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA VIX ST FUTUR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W346</cusip>
       <value>1252</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20906</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>20906</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA VIX ST FUTUR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W906</cusip>
       <value>18374</value>
       <shrsOrPrnAmt>
           <sshPrnamt>306700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>306700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRA VIX ST FUTUR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W956</cusip>
       <value>21034</value>
       <shrsOrPrnAmt>
           <sshPrnamt>351100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>351100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRAPRO QQQ</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X831</cusip>
       <value>131</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2126</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2126</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRAPRO QQQ</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X901</cusip>
       <value>3589</value>
       <shrsOrPrnAmt>
           <sshPrnamt>58400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>58400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRAPRO QQQ</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X951</cusip>
       <value>3453</value>
       <shrsOrPrnAmt>
           <sshPrnamt>56200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>56200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRAPRO S&amp;P 500 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X904</cusip>
       <value>3825</value>
       <shrsOrPrnAmt>
           <sshPrnamt>38300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>38300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRAPRO S&amp;P 500 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X954</cusip>
       <value>2497</value>
       <shrsOrPrnAmt>
           <sshPrnamt>25000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>25000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRAPRO SHORT QQQ</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A418</cusip>
       <value>27</value>
       <shrsOrPrnAmt>
           <sshPrnamt>481</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>481</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRAPRO SHORT QQQ</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A908</cusip>
       <value>1620</value>
       <shrsOrPrnAmt>
           <sshPrnamt>29400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>29400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRAPRO SHORT QQQ</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A958</cusip>
       <value>1907</value>
       <shrsOrPrnAmt>
           <sshPrnamt>34600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>34600</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRAPRO SHORT RUS</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A335</cusip>
       <value>451</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11397</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11397</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT 20+Y TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347B201</cusip>
       <value>31</value>
       <shrsOrPrnAmt>
           <sshPrnamt>452</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>452</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT 20+Y TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347B901</cusip>
       <value>45637</value>
       <shrsOrPrnAmt>
           <sshPrnamt>675600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>675600</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT 20+Y TR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347B951</cusip>
       <value>34018</value>
       <shrsOrPrnAmt>
           <sshPrnamt>503600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>503600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT 2000</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A319</cusip>
       <value>474</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10339</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10339</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT 2000</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A909</cusip>
       <value>917</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>20000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT 2000</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A959</cusip>
       <value>216</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT 7-10 YR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R313</cusip>
       <value>103</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3623</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3623</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT 7-10 YR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R903</cusip>
       <value>504</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>17700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT 7-10 YR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R953</cusip>
       <value>85</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT BASIC M</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X138</cusip>
       <value>188</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5881</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5881</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT BASIC M</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X908</cusip>
       <value>233</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT BASIC M</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X958</cusip>
       <value>137</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT EURO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W882</cusip>
       <value>448</value>
       <shrsOrPrnAmt>
           <sshPrnamt>26482</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>26482</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT EURO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W902</cusip>
       <value>237</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>14000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT EURO</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W952</cusip>
       <value>183</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT FINANCI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X146</cusip>
       <value>118</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7211</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7211</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT FINANCI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X906</cusip>
       <value>443</value>
       <shrsOrPrnAmt>
           <sshPrnamt>27100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>27100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT FINANCI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X956</cusip>
       <value>5</value>
       <shrsOrPrnAmt>
           <sshPrnamt>300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT FTSE CHIN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A900</cusip>
       <value>1163</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>17400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT FTSE CHIN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A950</cusip>
       <value>1296</value>
       <shrsOrPrnAmt>
           <sshPrnamt>19400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>19400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT GOLD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W395</cusip>
       <value>999</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11168</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11168</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT GOLD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W905</cusip>
       <value>3560</value>
       <shrsOrPrnAmt>
           <sshPrnamt>39800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>39800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT GOLD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W955</cusip>
       <value>1825</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>20400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT MSCI BRAZ</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A673</cusip>
       <value>253</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3398</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3398</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT MSCI BRAZ</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A903</cusip>
       <value>841</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT MSCI BRAZ</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A953</cusip>
       <value>372</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT MSCI EA</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A475</cusip>
       <value>16</value>
       <shrsOrPrnAmt>
           <sshPrnamt>399</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>399</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT MSCI EA</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A905</cusip>
       <value>157</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT MSCI EA</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A955</cusip>
       <value>355</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT MSCI EM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X575</cusip>
       <value>58</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2893</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2893</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT MSCI EM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X905</cusip>
       <value>456</value>
       <shrsOrPrnAmt>
           <sshPrnamt>22600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>22600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT MSCI EM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X955</cusip>
       <value>8</value>
       <shrsOrPrnAmt>
           <sshPrnamt>400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT OIL &amp; G</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A525</cusip>
       <value>60</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1276</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1276</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT OIL &amp; G</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A905</cusip>
       <value>2056</value>
       <shrsOrPrnAmt>
           <sshPrnamt>43700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>43700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT OIL &amp; G</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A955</cusip>
       <value>1148</value>
       <shrsOrPrnAmt>
           <sshPrnamt>24400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>24400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT REAL ESTATE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A901</cusip>
       <value>787</value>
       <shrsOrPrnAmt>
           <sshPrnamt>43700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>43700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT REAL ESTATE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A951</cusip>
       <value>202</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT SEMICON</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X245</cusip>
       <value>129</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7559</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7559</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT SEMICON</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X905</cusip>
       <value>58</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT SEMICON</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347X955</cusip>
       <value>21</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT SILVER</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W114</cusip>
       <value>121</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1440</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1440</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT SILVER</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W904</cusip>
       <value>4928</value>
       <shrsOrPrnAmt>
           <sshPrnamt>58500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>58500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT SILVER</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W954</cusip>
       <value>3841</value>
       <shrsOrPrnAmt>
           <sshPrnamt>45600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>45600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT YEN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W569</cusip>
       <value>895</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13232</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13232</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT YEN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W909</cusip>
       <value>2434</value>
       <shrsOrPrnAmt>
           <sshPrnamt>36000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>36000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTRASHORT YEN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W959</cusip>
       <value>1312</value>
       <shrsOrPrnAmt>
           <sshPrnamt>19400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>19400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTSHRT DJ-UBS NAT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W387</cusip>
       <value>237</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5415</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5415</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTSHRT DJ-UBS NAT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W907</cusip>
       <value>1407</value>
       <shrsOrPrnAmt>
           <sshPrnamt>32200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>32200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES ULTSHRT DJ-UBS NAT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W957</cusip>
       <value>813</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>18600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES VIX SHORT-TERM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W361</cusip>
       <value>5</value>
       <shrsOrPrnAmt>
           <sshPrnamt>166</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>166</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES VIX SHORT-TERM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W901</cusip>
       <value>826</value>
       <shrsOrPrnAmt>
           <sshPrnamt>29400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>29400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHARES VIX SHORT-TERM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W951</cusip>
       <value>332</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHRE U/S DJ-UBS CRUDE OIL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W668</cusip>
       <value>380</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13323</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13323</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHRE U/S DJ-UBS CRUDE OIL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W908</cusip>
       <value>1801</value>
       <shrsOrPrnAmt>
           <sshPrnamt>63100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>63100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHRE U/S DJ-UBS CRUDE OIL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W958</cusip>
       <value>985</value>
       <shrsOrPrnAmt>
           <sshPrnamt>34500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>34500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHRE ULT DJ-UBS CRUDE OIL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W650</cusip>
       <value>34</value>
       <shrsOrPrnAmt>
           <sshPrnamt>994</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>994</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHRE ULT DJ-UBS CRUDE OIL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W900</cusip>
       <value>2433</value>
       <shrsOrPrnAmt>
           <sshPrnamt>70400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>70400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PROSHRE ULT DJ-UBS CRUDE OIL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347W950</cusip>
       <value>2018</value>
       <shrsOrPrnAmt>
           <sshPrnamt>58400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>58400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>PWRSHS DB GOLD DOUBLE SHORT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>25154H756</cusip>
       <value>106</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15987</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>15987</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>S&amp;P MID-CAP 400 DEPOSITORY RECEI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78467Y907</cusip>
       <value>19895</value>
       <shrsOrPrnAmt>
           <sshPrnamt>79400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>79400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>S&amp;P MID-CAP 400 DEPOSITORY RECEI</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78467Y957</cusip>
       <value>36433</value>
       <shrsOrPrnAmt>
           <sshPrnamt>145400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>145400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SCHWAB US BROAD MARKET ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>808524102</cusip>
       <value>255</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5581</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5581</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SHORT S&amp;P500 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R503</cusip>
       <value>44</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SHORT S&amp;P500 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R903</cusip>
       <value>1098</value>
       <shrsOrPrnAmt>
           <sshPrnamt>44500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>44500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SHORT S&amp;P500 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347R953</cusip>
       <value>331</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR BARCLAYS 1-3 MONTH T-BILL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78464A680</cusip>
       <value>2090</value>
       <shrsOrPrnAmt>
           <sshPrnamt>45654</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>45654</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR BARCLAYS CAPITAL HIGH YIELD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78464A907</cusip>
       <value>174</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR BARCLAYS CAPITAL HIGH YIELD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78464A957</cusip>
       <value>1165</value>
       <shrsOrPrnAmt>
           <sshPrnamt>28200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>28200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR DB INTL GOV INFL-PROT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78464A490</cusip>
       <value>466</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7754</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7754</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR DJIA TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78467X109</cusip>
       <value>41617</value>
       <shrsOrPrnAmt>
           <sshPrnamt>253327</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>253327</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR DJIA TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78467X909</cusip>
       <value>226279</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1377400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1377400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR DJIA TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78467X959</cusip>
       <value>303277</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1846100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1846100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR EURO STOXX 50 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78463X202</cusip>
       <value>294</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR EURO STOXX 50 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78463X902</cusip>
       <value>256</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR EURO STOXX 50 ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78463X952</cusip>
       <value>431</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>10100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>SPDR GOLD TRUST</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>78463V107</cusip>
       <value>28083</value>
       <shrsOrPrnAmt>
           <sshPrnamt>227191</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>227191</Sole>
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           <None>0</None>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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       <titleOfClass>Cmn</titleOfClass>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
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           <None>0</None>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
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           <None>0</None>
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           <sshPrnamt>9700</sshPrnamt>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
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           <None>0</None>
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       <putCall>Put</putCall>
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       <titleOfClass>Cmn</titleOfClass>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
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       <titleOfClass>Cmn</titleOfClass>
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           <sshPrnamt>1000</sshPrnamt>
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       <investmentDiscretion>DFND</investmentDiscretion>
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           <sshPrnamt>11200</sshPrnamt>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <None>0</None>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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       <investmentDiscretion>DFND</investmentDiscretion>
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           <sshPrnamt>455600</sshPrnamt>
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       <putCall>Put</putCall>
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           <None>0</None>
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       <titleOfClass>Cmn</titleOfClass>
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       <putCall>Put</putCall>
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           <Sole>12628</Sole>
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   <infoTable>
       <nameOfIssuer>TECHNOLOGY SELECT SECT SPDR</nameOfIssuer>
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       <cusip>81369Y803</cusip>
       <value>949</value>
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           <sshPrnamt>26106</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>26106</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>TECHNOLOGY SELECT SECT SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y803</cusip>
       <value>14121</value>
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           <sshPrnamt>388467</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>388467</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>TECHNOLOGY SELECT SECT SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y903</cusip>
       <value>7252</value>
       <shrsOrPrnAmt>
           <sshPrnamt>199500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>199500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>TECHNOLOGY SELECT SECT SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y953</cusip>
       <value>13050</value>
       <shrsOrPrnAmt>
           <sshPrnamt>359000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>359000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>TEUCRIUM CORN FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>88166A902</cusip>
       <value>1643</value>
       <shrsOrPrnAmt>
           <sshPrnamt>47400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>47400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>TEUCRIUM CORN FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>88166A952</cusip>
       <value>863</value>
       <shrsOrPrnAmt>
           <sshPrnamt>24900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>24900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT DOW30 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A590</cusip>
       <value>2</value>
       <shrsOrPrnAmt>
           <sshPrnamt>63</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>63</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT DOW30 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
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       <value>735</value>
       <shrsOrPrnAmt>
           <sshPrnamt>27000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>27000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT DOW30 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A950</cusip>
       <value>490</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>18000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT MIDCAP400 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A343</cusip>
       <value>56</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1123</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1123</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT MIDCAP400 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A903</cusip>
       <value>119</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ULTRASHORT MIDCAP400 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A953</cusip>
       <value>104</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT QQQ PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A426</cusip>
       <value>181</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3093</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3093</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT QQQ PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A906</cusip>
       <value>6963</value>
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           <sshPrnamt>118800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>118800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT QQQ PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74348A956</cusip>
       <value>3030</value>
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           <sshPrnamt>51700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>51700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT S&amp;P500 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347B300</cusip>
       <value>62</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2178</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2178</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ULTRASHORT S&amp;P500 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347B900</cusip>
       <value>13480</value>
       <shrsOrPrnAmt>
           <sshPrnamt>475500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>475500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>ULTRASHORT S&amp;P500 PROSHARES ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>74347B950</cusip>
       <value>8080</value>
       <shrsOrPrnAmt>
           <sshPrnamt>285000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>285000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>UNITED STATES 12 MONTH OIL</nameOfIssuer>
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       <cusip>91288V103</cusip>
       <value>23</value>
       <shrsOrPrnAmt>
           <sshPrnamt>518</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>518</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>UNITED STATES 12 MONTH OIL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>91288V903</cusip>
       <value>75</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1700</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>UNITED STATES 12 MONTH OIL</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>91288V953</cusip>
       <value>115</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>UNITED STATES GASOLINE FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>91201T902</cusip>
       <value>1062</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>18000</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>UNITED STATES GASOLINE FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>91201T952</cusip>
       <value>1822</value>
       <shrsOrPrnAmt>
           <sshPrnamt>30900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>30900</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>UNITED STATES OIL FUND LP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>91232N108</cusip>
       <value>125</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3409</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>3409</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>UNITED STATES OIL FUND LP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>91232N908</cusip>
       <value>34040</value>
       <shrsOrPrnAmt>
           <sshPrnamt>930300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>930300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>UNITED STATES OIL FUND LP</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>91232N958</cusip>
       <value>46378</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1267500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>1267500</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>UNITED STATES SHORT OIL FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>912613205</cusip>
       <value>234</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7174</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>7174</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>UNITED STATES SHORT OIL FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>912613905</cusip>
       <value>13</value>
       <shrsOrPrnAmt>
           <sshPrnamt>400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>400</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>UNITED STATES SHORT OIL FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>912613955</cusip>
       <value>33</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>1000</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>US NATURAL GAS FUND LP ETF</nameOfIssuer>
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       <value>20237</value>
       <shrsOrPrnAmt>
           <sshPrnamt>828700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>828700</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>US NATURAL GAS FUND LP ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>912318951</cusip>
       <value>14420</value>
       <shrsOrPrnAmt>
           <sshPrnamt>590500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>590500</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>UTILITIES SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y886</cusip>
       <value>424</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10220</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
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           <Sole>10220</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>UTILITIES SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y906</cusip>
       <value>6144</value>
       <shrsOrPrnAmt>
           <sshPrnamt>148200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>148200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>UTILITIES SELECT SECTOR SPDR</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>81369Y956</cusip>
       <value>12521</value>
       <shrsOrPrnAmt>
           <sshPrnamt>302000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>302000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD CONSUMER DISCRE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>92204A108</cusip>
       <value>515</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4866</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4866</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD DIVIDEND APPREC ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>921908844</cusip>
       <value>867</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11528</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11528</Sole>
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           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD EUROPE PACIFIC ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>921943908</cusip>
       <value>549</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>13300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD EUROPE PACIFIC ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>921943958</cusip>
       <value>202</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD EXTENDED MARKET ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908652</cusip>
       <value>444</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5223</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5223</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD FINANCIALS ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>92204A405</cusip>
       <value>380</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8349</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8349</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD FTSE ALL-WORLD EX-U</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922042775</cusip>
       <value>1238</value>
       <shrsOrPrnAmt>
           <sshPrnamt>24602</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>24602</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD FTSE EMERGING MARKE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922042858</cusip>
       <value>5</value>
       <shrsOrPrnAmt>
           <sshPrnamt>117</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>117</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD FTSE EMERGING MARKE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922042908</cusip>
       <value>5308</value>
       <shrsOrPrnAmt>
           <sshPrnamt>130800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>130800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD FTSE EMERGING MARKE</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922042958</cusip>
       <value>4780</value>
       <shrsOrPrnAmt>
           <sshPrnamt>117800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>117800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD FTSE EUROPE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922042874</cusip>
       <value>4882</value>
       <shrsOrPrnAmt>
           <sshPrnamt>82812</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>82812</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD GROWTH ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908736</cusip>
       <value>296</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3162</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3162</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD GROWTH ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908906</cusip>
       <value>271</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>2900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD GROWTH ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908956</cusip>
       <value>9</value>
       <shrsOrPrnAmt>
           <sshPrnamt>100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD HIGH DVD YIELD ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>921946406</cusip>
       <value>1156</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18313</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>18313</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD REIT ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908553</cusip>
       <value>286</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4046</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4046</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD REIT ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908553</cusip>
       <value>6120</value>
       <shrsOrPrnAmt>
           <sshPrnamt>86661</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <votingAuthority>
           <Sole>86661</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD REIT ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908903</cusip>
       <value>826</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD REIT ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908953</cusip>
       <value>629</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>8900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD S/T CORP BOND ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>92206C409</cusip>
       <value>485</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6068</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6068</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD SHORT-TERM GOV BD</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>92206C102</cusip>
       <value>245</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4028</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4028</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD SMALL-CAP GRWTH ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908595</cusip>
       <value>240</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1931</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1931</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD TOTAL BOND MARKET</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>921937835</cusip>
       <value>552</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6794</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6794</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD US TOTAL STOCK MKT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908769</cusip>
       <value>143</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1469</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>1469</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD US TOTAL STOCK MKT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908909</cusip>
       <value>1969</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>20200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD US TOTAL STOCK MKT</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908959</cusip>
       <value>770</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VANGUARD VALUE ETF</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>922908744</cusip>
       <value>889</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11377</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>11377</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VELOCITYSHARES 2X VIX SH-TRM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>22539T613</cusip>
       <value>165</value>
       <shrsOrPrnAmt>
           <sshPrnamt>23563</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>23563</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VELOCITYSHARES 3X INVERSE NATURAL GAS ETN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>22542D530</cusip>
       <value>61</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16985</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>16985</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VELOCITYSHARES 3X INVERSE SILVER ETN</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>22542D654</cusip>
       <value>201</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4262</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4262</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VELOCITYSHARES INV VIX MEDIU</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>22542D829</cusip>
       <value>291</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7387</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>7387</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VELOCITYSHARES VIX SHORT-TRM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>22539T901</cusip>
       <value>382</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>6700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>VELOCITYSHARES VIX SHORT-TRM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>22539T951</cusip>
       <value>296</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Put</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>5200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>WISDOMTREE CHINESE YUAN FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>97717W182</cusip>
       <value>120</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4823</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4823</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>WISDOMTREE CHINESE YUAN FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>97717W902</cusip>
       <value>107</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>4300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>WISDOMTREE DVD EX-FIN FUND</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>97717W406</cusip>
       <value>229</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3255</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>3255</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>WISDOMTREE EMG MKTS EQ INCOM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>97717W315</cusip>
       <value>702</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14303</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>14303</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>WISDOMTREE EMG MKTS EQ INCOM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>97717W905</cusip>
       <value>34</value>
       <shrsOrPrnAmt>
           <sshPrnamt>700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <putCall>Call</putCall>
       <investmentDiscretion>DFND</investmentDiscretion>
       <otherManager>1</otherManager>
       <votingAuthority>
           <Sole>700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>WISDOMTREE EMG MKTS EQ INCOM</nameOfIssuer>
       <titleOfClass>Cmn</titleOfClass>
       <cusip>97717W955</cusip>
       <value>211</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4300</sshPrnamt>
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