The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBOTT LABS COM 002824100 205 6,190 SH   DFND 0 6 0
ABBVIE INC COM 00287Y109 2,663 59,542 SH   DFND 0 60 0
ACELRX PHARMACEUTICALS INC COM 00444T100 166 15,404 SH   DFND 0 15 0
ACTAVIS INC COM 00507K103 4,739 32,911 SH   DFND 0 33 0
ACTAVIS INC COM 00507K103 6 10,000 SH Put DFND 0 10 0
ADMINISTRADORA FONDOS PENSIO SPONSORED ADR 00709P108 5,455 59,160 SH   DFND 0 59 0
ALCO STORES INC COM 001600105 708 50,748 SH   DFND 0 51 0
ALICO INC COM 016230104 2,052 49,836 SH   DFND 0 50 0
ALLERGAN INC COM 018490102 289 3,192 SH   DFND 0 3 0
AMARIN CORP PLC SPONS ADR NEW 023111206 1,437 227,386 SH   DFND 0 227 0
AMARIN CORP PLC SPONS ADR NEW 023111206 9 7,800 SH Call DFND 0 0 0
AMBAC FINL GROUP INC COM NEW 023139884 449 24,727 SH   DFND 0 25 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 61 275,400 SH Put DFND 0 275 0
AMERICAN INTL GROUP INC COM NEW 026874784 3,808 78,311 SH   DFND 0 78 0
AMGEN INC COM 031162100 323 2,883 SH   DFND 0 3 0
ANALYSTS INTL CORP COM NEW 032681207 354 55,000 SH   DFND 0 55 0
ANAREN INC COM 032744104 2,402 94,196 SH   DFND 0 94 0
ANNALY CAP MGMT INC COM 035710409 1 51,000 SH Call DFND 0 0 0
ANNALY CAP MGMT INC COM 035710409 3 115,200 SH Put DFND 0 115 0
ANTARES PHARMA INC COM 036642106 124 30,544 SH   DFND 0 31 0
ARMOUR RESIDENTIAL REIT INC COM 042315101 2 48,000 SH Put DFND 0 48 0
ASIAINFO-LINKAGE INC COM 04518A104 595 51,581 SH   DFND 0 52 0
ASTEX PHARMACEUTICALS INC COM 04624B103 2,085 245,570 SH   DFND 0 246 0
ASTORIA FINL CORP COM 046265104 6,456 518,949 SH   DFND 0 519 0
ASTORIA FINL CORP COM 046265104 142 268,000 SH Call DFND 0 0 0
BAKER MICHAEL CORP COM 057149106 435 10,755 SH   DFND 0 11 0
BANK OF AMERICA CORPORATION 7.25%CNV PFD L 060505682 2,314 2,140 SH   DFND 0 2 0
BARRY R G CORP OHIO COM 068798107 677 35,792 SH   DFND 0 36 0
BELO CORP COM SER A 080555105 1,238 90,380 SH   DFND 0 90 0
BGC PARTNERS INC CL A 05541T101 1,779 315,379 SH   DFND 0 315 0
BIODELIVERY SCIENCES INTL IN COM 09060J106 872 160,580 SH   DFND 0 161 0
BIOGEN IDEC INC COM 09062X103 271 1,125 SH   DFND 0 1 0
BLACKBERRY LTD COM 09228F103 1,409 177,400 SH   DFND 0 177 0
BLACKBERRY LTD COM 09228F103 53 205,400 SH Call DFND 0 0 0
BLACKROCK MUNIYIELD PA QLTY COM 09255G107 406 30,248 SH   DFND 0 30 0
BLYTH INC COM NEW 09643P207 729 52,700 SH   DFND 0 53 0
BOISE INC COM 09746Y105 1,731 137,354 SH   DFND 0 137 0
BP PLC SPONSORED ADR 055622104 1,083 25,766 SH   DFND 0 26 0
BRE PROPERTIES INC CL A 05564E106 2,507 49,395 SH   DFND 0 49 0
BROOKDALE SR LIVING INC COM 112463104 271 10,296 SH   DFND 0 10 0
BROOKFIELD OFFICE PPTYS INC COM 112900105 968 50,754 SH   DFND 0 51 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 11 117,200 SH Call DFND 0 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 1,735 103,048 SH   DFND 0 103 0
CAMELOT INFORMATION SYS INC ADS RP ORD SHS 13322V105 190 99,999 SH   DFND 0 100 0
CAPITAL SR LIVING CORP COM 140475104 218 10,297 SH   DFND 0 10 0
CAPITALSOURCE INC COM 14055X102 4,241 356,957 SH   DFND 0 357 0
CAPLEASE INC COM 140288101 3,059 360,345 SH   DFND 0 360 0
CARDINAL HEALTH INC COM 14149Y108 327 6,269 SH   DFND 0 6 0
CELGENE CORP COM 151020104 369 2,393 SH   DFND 0 2 0
CEMPRA INC COM 15130J109 153 13,293 SH   DFND 0 13 0
CENTRAL GARDEN & PET CO COM 153527106 165 23,466 SH   DFND 0 23 0
CFS BANCORP INC COM 12525D102 1,439 129,852 SH   DFND 0 130 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 1,248 22,071 SH   DFND 0 22 0
CHICOS FAS INC COM 168615102 858 51,529 SH   DFND 0 52 0
CIGNA CORPORATION COM 125509109 400 5,210 SH   DFND 0 5 0
COLONIAL PPTYS TR COM SH BEN INT 195872106 5,660 251,647 SH   DFND 0 252 0
COMMONWEALTH REIT COM SH BEN INT 203233101 1,008 46,017 SH   DFND 0 46 0
COMMUNITY HEALTH SYS INC NEW COM 203668108 642 15,460 SH   DFND 0 15 0
COMPUWARE CORP COM 205638109 2,575 230,088 SH   DFND 0 230 0
COMSCORE INC COM 20564W105 1,040 35,902 SH   DFND 0 36 0
CORNERSTONE THERAPEUTICS INC COM 21924P103 2,254 239,534 SH   DFND 0 240 0
COVIDIEN PLC SHS G2554F113 450 7,384 SH   DFND 0 7 0
CST BRANDS INC COM 12646R105 1,913 64,211 SH   DFND 0 64 0
CUBIST PHARMACEUTICALS INC COM 229678107 231 3,633 SH   DFND 0 4 0
CURRENCYSHS JAPANESE YEN TR JAPANESE YEN 23130A102 3 26,500 SH Put DFND 0 27 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 963 103,065 SH   DFND 0 103 0
DAVITA HEALTHCARE PARTNERS I COM 23918K108 231 4,060 SH   DFND 0 4 0
DELL INC COM 24702R101 4,966 361,130 SH   DFND 0 361 0
DIEBOLD INC COM 253651103 3,328 113,354 SH   DFND 0 113 0
DIGITAL GENERATION INC COM 25400B108 678 52,461 SH   DFND 0 52 0
DISH NETWORK CORP CL A 25470M109 3,726 82,774 SH   DFND 0 83 0
DOLE FOOD CO INC NEW COM 256603101 3,159 231,912 SH   DFND 0 232 0
DURATA THERAPEUTICS INC COM 26658A107 177 19,621 SH   DFND 0 20 0
EDWARDS GROUP LTD SPONSORED ADR 281736108 1,989 201,893 SH   DFND 0 202 0
ELAN PLC ADR 284131208 5,539 355,492 SH   DFND 0 355 0
ELLIE MAE INC COM 28849P100 832 25,996 SH   DFND 0 26 0
ENANTA PHARMACEUTICALS INC COM 29251M106 209 9,104 SH   DFND 0 9 0
EXELON CORP COM 30161N101 916 30,914 SH   DFND 0 31 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 414 6,704 SH   DFND 0 7 0
FAIRPOINT COMMUNICATIONS INC COM NEW 305560302 722 75,620 SH   DFND 0 76 0
FIFTH & PAC COS INC COM 316645100 2,454 97,639 SH   DFND 0 98 0
FIRSTENERGY CORP COM 337932107 1,127 30,914 SH   DFND 0 31 0
FLOW INTL CORP COM 343468104 1,457 365,141 SH   DFND 0 365 0
FOX CHASE BANCORP INC NEW COM 35137T108 1,262 72,543 SH   DFND 0 73 0
FURIEX PHARMACEUTICALS INC COM 36106P101 205 4,661 SH   DFND 0 5 0
FUSION-IO INC COM 36112J107 1,246 93,048 SH   DFND 0 93 0
GANNETT INC COM 364730101 1,632 60,931 SH   DFND 0 61 0
GANNETT INC COM 364730101 2 15,000 SH Put DFND 0 15 0
GARMIN LTD SHS H2906T109 2,983 66,016 SH   DFND 0 66 0
GILEAD SCIENCES INC COM 375558103 1,743 27,724 SH   DFND 0 28 0
GLOBECOMM SYSTEMS INC COM 37956X103 1,583 113,019 SH   DFND 0 113 0
GRAY TELEVISION INC COM 389375106 1,311 167,031 SH   DFND 0 167 0
GRIFOLS S A SP ADR REP B NVT 398438408 257 8,500 SH   DFND 0 9 0
HARRIS TEETER SUPERMARKETS I COM 414585109 4,494 91,363 SH   DFND 0 91 0
HARVEST NATURAL RESOURCES IN COM 41754V103 761 142,197 SH   DFND 0 142 0
HCA HOLDINGS INC COM 40412C101 451 10,558 SH   DFND 0 11 0
HEALTH MGMT ASSOC INC NEW CL A 421933102 1,991 155,512 SH   DFND 0 156 0
HERITAGE OAKS BANCORP COM 42724R107 235 36,700 SH   DFND 0 37 0
HUDSON CITY BANCORP COM 443683107 2,221 245,640 SH   DFND 0 246 0
ICU MED INC COM 44930G107 2,549 37,524 SH   DFND 0 38 0
IRON MTN INC COM 462846106 2,924 108,198 SH   DFND 0 108 0
IRON MTN INC COM 462846106 67 103,100 SH Put DFND 0 103 0
ISOFTSTONE HLDGS LTD SPONSORED ADS 46489B108 270 54,910 SH   DFND 0 55 0
JAZZ PHARMACEUTICALS PLC SHS USD G50871105 246 2,673 SH   DFND 0 3 0
JETBLUE AIRWAYS CORP COM 477143101 2,747 412,195 SH   DFND 0 412 0
JETPAY CORP COM 477177109 46 13,330 SH   DFND 0 13 0
JONES GROUP INC COM 48020T101 2,282 152,000 SH   DFND 0 152 0
KALOBIOS PHARMACEUTICALS INC COM 48344T100 69 15,227 SH   DFND 0 15 0
KAYDON CORP COM 486587108 2,184 61,479 SH   DFND 0 61 0
KERYX BIOPHARMACEUTICALS INC COM 492515101 196 19,431 SH   DFND 0 19 0
KULICKE & SOFFA INDS INC COM 501242101 3,273 283,384 SH   DFND 0 283 0
LEAP WIRELESS INTL INC COM NEW 521863308 6,430 406,944 SH   DFND 0 407 0
LEAR CORP COM NEW 521865204 390 5,449 SH   DFND 0 5 0
LEARNING TREE INTL INC COM 522015106 730 185,758 SH   DFND 0 186 0
LENDER PROCESSING SVCS INC COM 52602E102 3,458 103,927 SH   DFND 0 104 0
LIFE TECHNOLOGIES CORP COM 53217V109 6,631 88,612 SH   DFND 0 89 0
LILLY ELI & CO COM 532457108 255 5,075 SH   DFND 0 5 0
LSI CORPORATION COM 502161102 1,879 240,168 SH   DFND 0 240 0
MAIDENFORM BRANDS INC COM 560305104 2,102 89,494 SH   DFND 0 89 0
MAKO SURGICAL CORP COM 560879108 3,002 101,744 SH   DFND 0 102 0
MBIA INC COM 55262C100 335 32,767 SH   DFND 0 33 0
MCKESSON CORP COM 58155Q103 206 1,609 SH   DFND 0 2 0
MEDALLION FINL CORP COM 583928106 372 24,988 SH   DFND 0 25 0
MEDICINES CO COM 584688105 207 6,161 SH   DFND 0 6 0
MEDIVATION INC COM 58501N101 272 4,539 SH   DFND 0 5 0
MENS WEARHOUSE INC COM 587118100 740 21,729 SH   DFND 0 22 0
MERGE HEALTHCARE INC COM 589499102 186 71,270 SH   DFND 0 71 0
MERRIMACK PHARMACEUTICALS IN COM 590328100 39 10,180 SH   DFND 0 10 0
METLIFE INC COM 59156R108 9,454 201,356 SH   DFND 0 201 0
METROCORP BANCSHARES INC COM 591650106 2,096 152,557 SH   DFND 0 153 0
MOLEX INC CL A 608554200 2,364 61,747 SH   DFND 0 62 0
MORGANS HOTEL GROUP CO COM 61748W108 1,214 158,300 SH   DFND 0 158 0
MPG OFFICE TR INC COM 553274101 1,380 440,941 SH   DFND 0 441 0
MYLAN INC COM 628530107 269 7,050 SH   DFND 0 7 0
NATIONAL TECHNICAL SYS INC COM 638104109 1,782 77,991 SH   DFND 0 78 0
NAVISTAR INTL CORP NEW COM 63934E108 1,818 49,832 SH   DFND 0 50 0
NGP CAP RES CO COM 62912R107 754 101,497 SH   DFND 0 101 0
NICHOLAS FINANCIAL INC COM NEW 65373J209 1,048 64,356 SH   DFND 0 64 0
NII HLDGS INC CL B NEW 62913F201 1,200 197,760 SH   DFND 0 198 0
NII HLDGS INC CL B NEW 62913F201 33 234,700 SH Call DFND 0 0 0
NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 1,946 51,526 SH   DFND 0 52 0
NOKIA CORP SPONSORED ADR 654902204 5,198 798,629 SH   DFND 0 799 0
NPS PHARMACEUTICALS INC COM 62936P103 205 6,434 SH   DFND 0 6 0
NUANCE COMMUNICATIONS INC COM 67020Y100 1,925 103,047 SH   DFND 0 103 0
NUVEEN OHIO QUALITY INCOME M COM 670980101 408 29,033 SH   DFND 0 29 0
NV ENERGY INC COM 67073Y106 5,287 223,943 SH   DFND 0 224 0
NXP SEMICONDUCTORS N V COM N6596X109 1,782 47,893 SH   DFND 0 48 0
OFFICIAL PMTS HLDGS INC COM 67623R106 676 81,198 SH   DFND 0 81 0
OMNICARE INC COM 681904108 234 4,217 SH   DFND 0 4 0
OMNICOM GROUP INC COM 681919106 1,903 30,000 SH   DFND 0 30 0
ONE LIBERTY PPTYS INC COM 682406103 1,375 67,800 SH   DFND 0 68 0
ONYX PHARMACEUTICALS INC COM 683399109 5,658 45,373 SH   DFND 0 45 0
OREXIGEN THERAPEUTICS INC COM 686164104 183 29,827 SH   DFND 0 30 0
PENN WEST PETE LTD NEW COM 707887105 1,745 156,797 SH   DFND 0 157 0
PENN WEST PETE LTD NEW COM 707887105 14 185,500 SH Call DFND 0 0 0
PEOPLES FED BANCSHARES INC COM 711037101 589 33,790 SH   DFND 0 34 0
PERION NETWORK LTD SHS M78673106 403 30,629 SH   DFND 0 31 0
PFIZER INC COM 717081103 328 11,417 SH   DFND 0 11 0
PHARMACYCLICS INC COM 716933106 273 1,974 SH   DFND 0 2 0
PITNEY BOWES INC COM 724479100 3,143 172,780 SH   DFND 0 173 0
PROSHARES TR SHRT 20+YR TRE 74347X849 2,551 79,638 SH   DFND 0 80 0
PROVIDENT NEW YORK BANCORP COM 744028101 1,018 74,169 SH   DFND 0 74 0
PUMA BIOTECHNOLOGY INC COM 74587V107 239 4,460 SH   DFND 0 4 0
PVF CAPITAL CORP COM 693654105 1,761 427,508 SH   DFND 0 428 0
QLOGIC CORP COM 747277101 568 51,894 SH   DFND 0 52 0
QLT INC COM 746927102 222 47,927 SH   DFND 0 48 0
REGENERON PHARMACEUTICALS COM 75886F107 264 845 SH   DFND 0 1 0
RUCKUS WIRELESS INC COM 781220108 1,127 66,980 SH   DFND 0 67 0
SAFEWAY INC COM NEW 786514208 1,302 40,697 SH   DFND 0 41 0
SAKS INC COM 79377W108 4,903 307,567 SH   DFND 0 308 0
SALIX PHARMACEUTICALS INC COM 795435106 238 3,553 SH   DFND 0 4 0
SANOFI RIGHT 12/31/2020 80105N113 976 483,140 SH   DFND 0 483 0
SANTARUS INC COM 802817304 253 11,198 SH   DFND 0 11 0
SAREPTA THERAPEUTICS INC COM 803607100 359 7,598 SH   DFND 0 8 0
SHFL ENTMT INC COM 78423R105 3,033 132,034 SH   DFND 0 132 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 679 52,000 SH   DFND 0 52 0
SOLITARIO EXPL & RTY CORP COM 8342EP107 696 805,201 SH   DFND 0 805 0
SOLTA MED INC COM 83438K103 652 314,917 SH   DFND 0 315 0
SOURCEFIRE INC COM 83616T108 2,070 27,261 SH   DFND 0 27 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 227 30,400 SH Put DFND 0 30 0
SPREADTRUM COMMUNICATIONS IN ADR 849415203 946 31,067 SH   DFND 0 31 0
STEINWAY MUSICAL INSTRS INC COM 858495104 600 15,000 SH   DFND 0 15 0
STERLING FINL CORP WASH COM NEW 859319303 1,182 41,255 SH   DFND 0 41 0
STEWART ENTERPRISES INC CL A 860370105 1,391 105,796 SH   DFND 0 106 0
SUCAMPO PHARMACEUTICALS INC CL A 864909106 221 35,489 SH   DFND 0 35 0
SUNSHINE HEART INC COM 86782U106 118 10,151 SH   DFND 0 10 0
SYNOVUS FINL CORP COM 87161C105 23 178,200 SH Call DFND 0 0 0
SYNOVUS FINL CORP COM 87161C105 1,953 591,769 SH   DFND 0 592 0
TEKMIRA PHARMACEUTICALS CORP COM NEW 87911B209 70 10,000 SH   DFND 0 10 0
TELEPHONE & DATA SYS INC COM NEW 879433829 4,097 138,644 SH   DFND 0 139 0
TENET HEALTHCARE CORP COM NEW 88033G407 943 22,885 SH   DFND 0 23 0
TEREX CORP NEW COM 880779103 346 10,283 SH   DFND 0 10 0
TETRAPHASE PHARMACEUTICALS I COM 88165N105 155 13,603 SH   DFND 0 14 0
TG THERAPEUTICS INC COM 88322Q108 82 16,242 SH   DFND 0 16 0
THERAGENICS CORP COM 883375107 858 393,547 SH   DFND 0 394 0
THERAVANCE INC COM 88338T104 210 5,134 SH   DFND 0 5 0
THRESHOLD PHARMACEUTICAL INC COM NEW 885807206 215 46,282 SH   DFND 0 46 0
TITAN INTL INC ILL COM 88830M102 375 25,647 SH   DFND 0 26 0
T-MOBILE US INC COM 872590104 2,585 99,554 SH   DFND 0 100 0
TRANSCEPT PHARMACEUTICALS IN COM 89354M106 321 101,000 SH   DFND 0 101 0
TREDEGAR CORP COM 894650100 1,587 61,048 SH   DFND 0 61 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 264 12,147 SH   DFND 0 12 0
U S AIRWAYS GROUP INC COM 90341W108 3,853 203,196 SH   DFND 0 203 0
UCP INC CL A 90265Y106 1,692 114,028 SH   DFND 0 114 0
UNITED RENTALS INC COM 911363109 2,321 39,826 SH   DFND 0 40 0
UNITEDHEALTH GROUP INC COM 91324P102 1,275 17,806 SH   DFND 0 18 0
UNITEDHEALTH GROUP INC COM 91324P102 193 75,000 SH Call DFND 0 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 382 5,093 SH   DFND 0 5 0
USA TRUCK INC COM 902925106 682 76,123 SH   DFND 0 76 0
VALLEY NATL BANCORP COM 919794107 4,252 427,351 SH   DFND 0 427 0
VALLEY NATL BANCORP COM 919794107 16 160,300 SH Call DFND 0 0 0
VERIFONE SYS INC COM 92342Y109 2,808 122,834 SH   DFND 0 123 0
VERIFONE SYS INC COM 92342Y109 1 26,500 SH Put DFND 0 27 0
VERTEX PHARMACEUTICALS INC COM 92532F100 279 3,683 SH   DFND 0 4 0
VIACOM INC NEW CL B 92553P201 2,533 30,305 SH   DFND 0 30 0
VIRGINIA COMM BANCORP INC COM 92778Q109 3,241 208,139 SH   DFND 0 208 0
VIROPHARMA INC COM 928241108 18 50,000 SH Put DFND 0 50 0
VIROPHARMA INC COM 928241108 1,194 30,400 SH   DFND 0 30 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 6,132 174,300 SH   DFND 0 174 0
VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 102 62,900 SH Call DFND 0 0 0
VOLTERRA SEMICONDUCTOR CORP COM 928708106 1,798 78,163 SH   DFND 0 78 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 2,212 144,268 SH   DFND 0 144 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 34 114,900 SH Call DFND 0 0 0
WEIGHT WATCHERS INTL INC NEW COM 948626106 2,131 57,031 SH   DFND 0 57 0
WELLS FARGO & CO NEW PERP PFD CNV A 949746804 1,553 1,365 SH   DFND 0 1 0
WESTERN REFNG INC COM 959319104 300 10,000 SH   DFND 0 10 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 159 369,000 SH Put DFND 0 370 0
WMS INDS INC COM 929297109 1,232 47,459 SH   DFND 0 47 0
ZIMMER HLDGS INC COM 98956P102 292 3,553 SH   DFND 0 4 0
ZOETIS INC CL A 98978V103 205 6,598 SH   DFND 0 7 0
ZOLTEK COS INC COM 98975W104 849 50,897 SH   DFND 0 51 0
ZYNGA INC CL A 98986T108 118 550,100 SH Call DFND 0 0 0
ZYNGA INC CL A 98986T108 3,071 836,452 SH   DFND 0 836 0