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
AARONS INC COM PAR $0.50 002535300 5,683 187,923 SH   DFND 0 187,923 0
ACCELRYS INC COM 00430U103 1,763 141,481 SH   DFND 0 141,481 0
ACCRETIVE HEALTH INC COM 00438V103 480 60,000 SH   DFND 0 60,000 0
AMERICAN AIRLS GROUP INC COM 02376R102 1,830 50,000 SH   DFND 0 50,000 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 9 10,400 SH Put DFND 0 10,400 0
AMGEN INC COM 031162100 222 1,800 SH   DFND 0 1,800 0
ANADARKO PETE CORP COM 032511107 5,630 66,422 SH   DFND 0 66,422 0
ANNALY CAP MGMT INC COM 035710409 6 26,000 SH Put DFND 0 26,000 0
ARTHROCARE CORP COM 043136100 7,292 151,328 SH   DFND 0 151,328 0
ASTORIA FINL CORP COM 046265104 1 14,100 SH Call DFND 0 0 0
ASTORIA FINL CORP COM 046265104 1,382 100,001 SH   DFND 0 100,001 0
ATMI INC COM 00207R101 7,567 222,504 SH   DFND 0 222,504 0
AUGUSTA RES CORP COM NEW 050912203 1,193 386,610 SH   DFND 0 386,610 0
AUTONAVI HLDGS LTD SPONSORED ADR 05330F106 1,102 55,000 SH   DFND 0 55,000 0
B & G FOODS INC NEW COM 05508R106 804 26,700 SH   DFND 0 26,700 0
BARRICK GOLD CORP COM 067901108 1,248 69,970 SH   DFND 0 69,970 0
BAXTER INTL INC COM 071813109 2,943 39,999 SH   DFND 0 39,999 0
BEAM INC COM 073730103 7,835 94,062 SH   DFND 0 94,062 0
BEAZER HOMES USA INC COM NEW 07556Q881 402 20,000 SH   DFND 0 20,000 0
BEAZER HOMES USA INC COM NEW 07556Q881 39 20,000 SH Put DFND 0 20,000 0
BGC PARTNERS INC CL A 05541T101 5 100,000 SH Call DFND 0 0 0
BGC PARTNERS INC CL A 05541T101 5,139 785,741 SH   DFND 0 785,741 0
BIODELIVERY SCIENCES INTL IN COM 09060J106 1,247 147,748 SH   DFND 0 147,748 0
BIOGEN IDEC INC COM 09062X103 214 701 SH   DFND 0 701 0
BLACKBERRY LTD COM 09228F103 808 100,000 SH   DFND 0 100,000 0
BLACKHAWK NETWORK HLDGS INC CL A 09238E104 2,008 82,343 SH   DFND 0 82,343 0
BOB EVANS FARMS INC COM 096761101 777 15,522 SH   DFND 0 15,522 0
CABOT MICROELECTRONICS CORP COM 12709P103 3,306 75,129 SH   DFND 0 75,129 0
CAPITALSOURCE INC COM 14055X102 2,503 171,558 SH   DFND 0 171,558 0
CHATHAM LODGING TR COM 16208T102 1,135 56,120 SH   DFND 0 56,120 0
CHINA HYDROELECTRIC CORP SPONSORED ADR 16949D101 1,339 393,878 SH   DFND 0 393,878 0
CHINAEDU CORP SPONS ADR 16945L107 209 30,275 SH   DFND 0 30,275 0
CHINDEX INTERNATIONAL INC COM 169467107 477 24,998 SH   DFND 0 24,998 0
CIGNA CORPORATION COM 125509109 216 2,579 SH   DFND 0 2,579 0
COASTAL CONTACTS INC COM NEW 19044R207 3,698 329,484 SH   DFND 0 329,484 0
COMCAST CORP NEW CL A 20030N101 111 27,200 SH Put DFND 0 27,200 0
COMPUWARE CORP COM 205638109 4,963 472,702 SH   DFND 0 472,702 0
CONAGRA FOODS INC COM 205887102 969 31,220 SH   DFND 0 31,220 0
COOPER TIRE & RUBR CO COM 216831107 872 35,900 SH   DFND 0 35,900 0
COVIDIEN PLC SHS G2554F113 202 2,745 SH   DFND 0 2,745 0
CST BRANDS INC COM 12646R105 781 25,000 SH   DFND 0 25,000 0
DARDEN RESTAURANTS INC COM 237194105 1,804 35,548 SH   DFND 0 35,548 0
DIEBOLD INC COM 253651103 3,302 82,790 SH   DFND 0 82,790 0
DISH NETWORK CORP CL A 25470M109 2,177 35,001 SH   DFND 0 35,001 0
DISH NETWORK CORP CL A 25470M109 13 25,000 SH Put DFND 0 25,000 0
EARTHLINK HLDGS CORP COM 27033X101 90 25,000 SH   DFND 0 25,000 0
EBAY INC COM 278642103 10,805 195,600 SH   DFND 0 195,600 0
EBAY INC COM 278642103 44 122,100 SH Put DFND 0 122,100 0
ENDO INTL PLC SHS G30401106 2,541 37,009 SH   DFND 0 37,009 0
ENERGY XXI BERMUDA LTD USD UNRS SHS G10082140 3,175 134,717 SH   DFND 0 134,717 0
ENTEROMEDICS INC COM NEW 29365M208 55 30,000 SH   DFND 0 30,000 0
ENTROPIC COMMUNICATIONS INC COM 29384R105 1,167 285,291 SH   DFND 0 285,291 0
EPL OIL & GAS INC COM 26883D108 1,313 34,005 SH   DFND 0 34,005 0
EQUAL ENERGY LTD COM 29390Q109 1,035 225,973 SH   DFND 0 225,973 0
EXELIXIS INC COM 30161Q104 106 30,000 SH   DFND 0 30,000 0
FAIRPOINT COMMUNICATIONS INC COM NEW 305560302 459 33,778 SH   DFND 0 33,778 0
FOREST LABS INC COM 345838106 10,095 109,409 SH   DFND 0 109,409 0
FOSTER WHEELER AG COM H27178104 5,423 167,282 SH   DFND 0 167,282 0
FREDS INC CL A 356108100 2,787 154,768 SH   DFND 0 154,768 0
FURIEX PHARMACEUTICALS INC COM 36106P101 856 9,841 SH   DFND 0 9,841 0
GENERAL MTRS CO COM 37045V100 2,000 58,101 SH   DFND 0 58,101 0
GENERAL MTRS CO COM 37045V100 5 28,100 SH Put DFND 0 28,100 0
GILEAD SCIENCES INC COM 375558103 283 4,000 SH   DFND 0 4,000 0
GOL LINHAS AEREAS INTLG S A SP ADR REP PFD 38045R107 486 100,000 SH   DFND 0 100,000 0
GOODRICH PETE CORP COM NEW 382410405 588 37,147 SH   DFND 0 37,147 0
GRIFOLS S A SP ADR REP B NVT 398438408 240 5,801 SH   DFND 0 5,801 0
HARVEST NATURAL RESOURCES IN COM 41754V103 1,320 351,110 SH   DFND 0 351,110 0
HCA HOLDINGS INC COM 40412C101 208 3,964 SH   DFND 0 3,964 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 8 14,900 SH Call DFND 0 0 0
HOME FED BANCORP INC MD COM 43710G105 4,349 279,502 SH   DFND 0 279,502 0
HUDSON CITY BANCORP COM 443683107 5,762 586,201 SH   DFND 0 586,201 0
IRON MTN INC COM 462846106 689 25,000 SH   DFND 0 25,000 0
IRON MTN INC COM 462846106 55 50,000 SH Put DFND 0 50,000 0
ISHARES IBOXX HI YD ETF 464288513 5 50,000 SH Put DFND 0 50,000 0
ISHARES RUSSELL 2000 ETF 464287655 327 129,300 SH Put DFND 0 129,300 0
JETPAY CORP COM 477177109 33 13,330 SH   DFND 0 13,330 0
JOS A BANK CLOTHIERS INC COM 480838101 30 44,000 SH Put DFND 0 44,000 0
JOY GLOBAL INC COM 481165108 2,134 36,800 SH   DFND 0 36,800 0
KB HOME COM 48666K109 41 20,000 SH Put DFND 0 20,000 0
KB HOME COM 48666K109 340 20,000 SH   DFND 0 20,000 0
KNOWLES CORP COM 49926D109 318 10,060 SH   DFND 0 10,060 0
LCA-VISION INC COM PAR $.001 501803308 965 180,453 SH   DFND 0 180,453 0
LEAPFROG ENTERPRISES INC CL A 52186N106 562 74,999 SH   DFND 0 74,999 0
LEAPFROG ENTERPRISES INC CL A 52186N106 30 50,000 SH Call DFND 0 0 0
LENNAR CORP CL A 526057104 396 10,000 SH   DFND 0 10,000 0
LORAL SPACE & COMMUNICATNS I COM 543881106 1,694 23,952 SH   DFND 0 23,952 0
LORILLARD INC COM 544147101 4 25,900 SH Put DFND 0 25,900 0
LSB INDS INC COM 502160104 2,054 54,880 SH   DFND 0 54,880 0
LSI CORPORATION COM 502161102 6,790 613,332 SH   DFND 0 613,332 0
MARTIN MARIETTA MATLS INC COM 573284106 5,006 39,000 SH   DFND 0 39,000 0
MEADOWBROOK INS GROUP INC COM 58319P108 1,458 250,000 SH   DFND 0 250,000 0
MERCURY SYS INC COM 589378108 1,585 120,003 SH   DFND 0 120,003 0
MGM RESORTS INTERNATIONAL COM 552953101 1,239 47,930 SH   DFND 0 47,930 0
MITEL NETWORKS CORP COM 60671Q104 450 42,534 SH   DFND 0 42,534 0
MORGANS HOTEL GROUP CO COM 61748W108 1,020 126,897 SH   DFND 0 126,897 0
MRC GLOBAL INC COM 55345K103 270 10,000 SH   DFND 0 10,000 0
NATIONAL INTERSTATE CORP COM 63654U100 8,099 302,083 SH   DFND 0 302,083 0
NEW YORK & CO INC COM 649295102 1,335 304,017 SH   DFND 0 304,017 0
NICHOLAS FINANCIAL INC COM NEW 65373J209 393 25,000 SH   DFND 0 25,000 0
NINETOWNS INTERNET TECH GRP ADR 654407105 249 144,880 SH   DFND 0 144,880 0
NOBLE CORP PLC SHS USD G65431101 982 30,000 SH   DFND 0 30,000 0
NOKIA CORP SPONSORED ADR 654902204 10,858 1,479,268 SH   DFND 0 1,479,268 0
NOKIA CORP SPONSORED ADR 654902204 246 1,467,000 SH Put DFND 0 1,467,000 0
NORDION INC COM 65563C105 432 37,500 SH   DFND 0 37,500 0
NORTH VALLEY BANCORP COM NEW 66304M204 605 25,000 SH   DFND 0 25,000 0
NOVAVAX INC COM 670002104 91 20,000 SH   DFND 0 20,000 0
NTS INC NEV COM 62943B105 773 400,325 SH   DFND 0 400,325 0
NUANCE COMMUNICATIONS INC COM 67020Y100 10 166,200 SH Put DFND 0 166,200 0
NUANCE COMMUNICATIONS INC COM 67020Y100 9,711 565,608 SH   DFND 0 565,608 0
NUANCE COMMUNICATIONS INC COM 67020Y100 143 102,000 SH Call DFND 0 0 0
NVIDIA CORP COM 67066G104 2 15,000 SH Put DFND 0 15,000 0
NVIDIA CORP COM 67066G104 638 35,600 SH   DFND 0 35,600 0
NXP SEMICONDUCTORS N V COM N6596X109 1,470 25,000 SH   DFND 0 25,000 0
OMNICOM GROUP INC COM 681919106 10,268 141,427 SH   DFND 0 141,427 0
PACER INTL INC TENN COM 69373H106 6,391 713,259 SH   DFND 0 713,259 0
PACTERA TECHNOLOGY INTL LTD SPONSORED ADR 695255109 2,798 385,900 SH   DFND 0 385,900 0
PENN WEST PETE LTD NEW COM 707887105 2,126 254,292 SH   DFND 0 254,292 0
PENN WEST PETE LTD NEW COM 707887105 88 125,000 SH Call DFND 0 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 73 75,000 SH Put DFND 0 75,000 0
PRIMERO MNG CORP COM 74164W106 559 77,089 SH   DFND 0 77,089 0
PROSHARES TR SHRT 20+YR TRE 74347X849 6,071 199,900 SH   DFND 0 199,900 0
QLOGIC CORP COM 747277101 2,012 157,823 SH   DFND 0 157,823 0
QUANTUM CORP COM DSSG 747906204 877 718,881 SH   DFND 0 718,881 0
RDA MICROELECTRONICS INC SPONSORED ADR 749394102 1,858 103,619 SH   DFND 0 103,619 0
REALD INC COM 75604L105 1,568 140,381 SH   DFND 0 140,381 0
RF MICRODEVICES INC COM 749941100 1,064 135,027 SH   DFND 0 135,027 0
SCHAWK INC CL A 806373106 1,036 51,812 SH   DFND 0 51,812 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 26 14,300 SH Put DFND 0 14,300 0
SHANDA GAMES LTD SP ADR REPTG A 81941U105 941 145,067 SH   DFND 0 145,067 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 168 10,000 SH   DFND 0 10,000 0
SIRIUS XM HLDGS INC COM 82968B103 3,933 1,229,036 SH   DFND 0 1,229,036 0
SIZMEK INC COM 83013P105 957 90,051 SH   DFND 0 90,051 0
SKYWORKS SOLUTIONS INC COM 83088M102 9 10,000 SH Put DFND 0 10,000 0
SKYWORKS SOLUTIONS INC COM 83088M102 375 10,000 SH   DFND 0 10,000 0
SLM CORP COM 78442P106 623 25,440 SH   DFND 0 25,440 0
SOLITARIO EXPL & RTY CORP COM 8342EP107 1,239 975,556 SH   DFND 0 975,556 0
SOTHEBYS COM 835898107 3,647 83,751 SH   DFND 0 83,751 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,577 20,847 SH   DFND 0 20,847 0
SPDR GOLD TRUST GOLD SHS 78463V107 63 20,000 SH Put DFND 0 20,000 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 3,591 19,201 SH   DFND 0 19,201 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 142 76,000 SH Put DFND 0 76,000 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 3 12,500 SH Call DFND 0 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 1,542 140,419 SH   DFND 0 140,419 0
STARWOOD PPTY TR INC COM 85571B105 1,025 43,463 SH   DFND 0 43,463 0
SUPERTEX INC COM 868532102 2,473 75,000 SH   DFND 0 75,000 0
SWS GROUP INC COM 78503N107 2,261 302,300 SH   DFND 0 302,300 0
SYMANTEC CORP COM 871503108 969 48,499 SH   DFND 0 48,499 0
SYNERGY PHARMACEUTICALS DEL COM NEW 871639308 80 15,000 SH   DFND 0 15,000 0
SYNOVUS FINL CORP COM 87161C105 3,003 885,903 SH   DFND 0 885,903 0
SYNTROLEUM CORP COM NEW 871630208 964 245,199 SH   DFND 0 245,199 0
SYSCO CORP COM 871829107 2,087 57,758 SH   DFND 0 57,758 0
TETRAPHASE PHARMACEUTICALS I COM 88165N105 109 10,000 SH   DFND 0 10,000 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 6,378 120,703 SH   DFND 0 120,703 0
TIME WARNER CABLE INC COM 88732J207 22,623 164,916 SH   DFND 0 164,916 0
TITAN INTL INC ILL COM 88830M102 1,462 77,001 SH   DFND 0 77,001 0
TIVO INC COM 888706108 4,300 325,002 SH   DFND 0 325,002 0
TIVO INC COM 888706108 8 50,000 SH Put DFND 0 50,000 0
T-MOBILE US INC COM 872590104 12,501 378,482 SH   DFND 0 378,482 0
T-MOBILE US INC COM 872590104 69 106,500 SH Put DFND 0 106,500 0
TREMOR VIDEO INC COM 89484Q100 706 171,245 SH   DFND 0 171,245 0
TRI POINTE HOMES INC COM 87265H109 582 35,865 SH   DFND 0 35,865 0
TRIQUINT SEMICONDUCTOR INC COM 89674K103 4,944 369,222 SH   DFND 0 369,222 0
TRIQUINT SEMICONDUCTOR INC COM 89674K103 3 25,900 SH Put DFND 0 25,900 0
TRUNKBOW INTL HLDGS LTD COM 89818A102 567 402,066 SH   DFND 0 402,066 0
UNS ENERGY CORP COM 903119105 2,961 49,323 SH   DFND 0 49,323 0
VAIL RESORTS INC COM 91879Q109 4,832 69,328 SH   DFND 0 69,328 0
VALLEY NATL BANCORP COM 919794107 1,072 103,000 SH   DFND 0 103,000 0
VERIZON COMMUNICATIONS INC COM 92343V104 913 19,183 SH   DFND 0 19,183 0
VERSO PAPER CORP COM 92531L108 145 50,000 SH   DFND 0 50,000 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 5,089 138,259 SH   DFND 0 138,259 0
WASHINGTON BKG CO OAK HBR WA COM 937303105 1,066 59,933 SH   DFND 0 59,933 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 899 51,809 SH   DFND 0 51,809 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 77 97,600 SH Put DFND 0 97,600 0
XYRATEX LTD COM G98268108 1,987 150,000 SH   DFND 0 150,000 0
YONGYE INTL INC COM 98607B106 1,200 176,156 SH   DFND 0 176,156 0
YUME INC COM 98872B104 1,260 172,398 SH   DFND 0 172,398 0