OTA Financial 13F-HR Quarterly holdings report by institutional manager

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

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABERDEEN ASIA PAC INC FD	COM	003009107	707	152,907	SH		DFND	2	707	0	0
ALLIANZGI CONVERTIBLE & INCO	COM	018828103	381	59,722	SH		DFND	2	381	0	0
AIG WARRANT STRIKE 45	*W EXP 01/19/202	026874156	7,200	306,935	SH		DFND	2	7,200	0	0
ARCONIC INC	PFD CONV B SER 1	03965L308	2,077	68,914	SH		DFND	2	2,077	0	0
BANK OF AMERICA CORPORATION WT EXP 011619	*W EXP 01/16/201	060505146	7,360	739,700	SH		DFND	2	7,360	0	0
B/E AEROSPACE INC	COM	073302101	4,609	76,577	SH		DFND	2	4,609	0	0
BLACKROCK LIMITED	SHS	09249W101	368	24,281	SH		DFND	2	368	0	0
CALAMOS CVT AND HIGH INCOME	SHS	12811P108	231	21,896	SH		DFND	2	231	0	0
CALAMOS DYNAMIC CONVERTIBLE	COM	12811V105	205	11,741	SH		DFND	2	205	0	0
CAPITAL ONE FINANCIAL CORP	*W EXP 11/14/201	14040H139	2,029	44,906	SH		DFND	2	2,029	0	0
CARNIVAL PLC-ADR	ADR	14365C103	844	16,498	SH		DFND	2	844	0	0
CENTRAL GARDEN AND PET CO-A	CL A NON-VTG	153527205	448	14,516	SH		DFND	2	448	0	0
COHEN & STEERS REIT & PFD	COM	19247X100	273	14,323	SH		DFND	2	273	0	0
DOUBLELINE INCOME SOLUTIONS	COM	258622109	247	13,023	SH		DFND	2	247	0	0
EATON VANCE FLOAT RT INC TR	COM	278279104	391	26,255	SH		DFND	2	391	0	0
EATON VANCE T/A GL DVD INCM	COM	27828S101	209	14,882	SH		DFND	2	209	0	0
EATON VANCE TAX MAN GLBL BR	COM	27829C105	1,274	126,563	SH		DFND	2	1,274	0	0
EATON VANCE TAX-MANAGED GLOB	COM	27829F108	455	56,742	SH		DFND	2	455	0	0
ENBRIDGE ENERGY PARTNERS	COM	29250R106	289	11,360	SH		DFND	2	289	0	0
FIRST TRUST ENERGY INCOME AN	COM	33738G104	294	11,105	SH		DFND	2	294	0	0
GABELLI EQUITY TRUST	COM	362397101	209	37,924	SH		DFND	2	209	0	0
GABELLI DIVIDEND & INCOME	COM	36242H104	598	29,851	SH		DFND	2	598	0	0
HILTON	COM	43300A104	1,082	39,802	SH		DFND	2	1,082	0	0
INVESCO DYNAMIC CREDIT OPP	COM	46132R104	350	28,514	SH		DFND	2	350	0	0
ISHARES IBOXX USD HIGH YIELD	ETF	464288513	1,205	13,927	SH		DFND	2	1,205	0	0
ISHARES MSCI SINGAPORE CAPPE	ETF	46434G780	438	21,996	SH		DFND	2	438	0	0
JPMORGAN CHASE & CO	*W EXP 10/28/201	46634E114	29,458	665,439	SH		DFND	2	29,458	0	0
LIBERTY BROADBAND-C	COM SER C	530307305	6,126	82,712	SH		DFND	2	6,126	0	0
LIBERTY EXPEDIA HOLD-A	COM	53046P109	1,516	38,226	SH		DFND	2	1,516	0	0
LIBERTY VENTURES - SER A	LBT VEN COM A NE	53071M856	7,256	196,812	SH		DFND	2	7,256	0	0
LIBERTY MEDIA COR-SIRIUSXM A	COM A SIRIUSXM	531229409	2,751	79,698	SH		DFND	2	2,751	0	0
LIBERTY MEDIA COR-SIRIUSXM C	COM A SIRIUSXM	531229607	6,734	198,531	SH		DFND	2	6,734	0	0
LIBERTY TRIPADVISOR HDG-A	COM SER A	531465102	781	51,939	SH		DFND	2	781	0	0
NORTHSTAR REALTY FINANCE	COM	66704R803	2,478	163,589	SH		DFND	2	2,478	0	0
NUVEEN ENH MUNI VALUE FD	COM	67074M101	210	15,048	SH		DFND	2	210	0	0
PNC FINANCIAL SERVICES GROUP	*W EXP 12/31/201	693475121	30,471	615,580	SH		DFND	2	30,471	0	0
POTASH CORP OF SASKATCHEWAN	COM	73755L107	3,533	195,303	SH		DFND	2	3,533	0	0
POWERSHARES INDIA PORTFOLIO	INDIA PORT	73935L100	927	48,100	SH		DFND	2	927	0	0
POWERSHARES SENIOR LOAN	SENIOR LN PORT	73936Q769	382	16,385	SH		DFND	2	382	0	0
RAMCO-GERSHENSON PROPERT	PERP PFD-D CV	751452608	4,157	67,839	SH		DFND	2	4,157	0	0
ROYCE VALUE TR INC	COM	780910105	238	17,849	SH		DFND	2	238	0	0
SPROTT PHYSICAL GOLD TRUST	UNIT	85207H104	4,869	518,632	SH		DFND	2	4,869	0	0
SPROTT PHYSICAL SILVER TRUST	UNIT	85207K107	1,318	216,866	SH		DFND	2	1,318	0	0
SUFFOLK BANCORP	COM	864739107	880	20,555	SH		DFND	2	880	0	0
T-Mobile US Inc	CONV PFD SER A	872590203	41,732	441,896	SH		DFND	2	41,732	0	0
TEMPLETON GLBL INC F INC	COM	880198106	625	96,483	SH		DFND	2	625	0	0
TWENTY-FIRST CENTURY FOX - B	CL B	90130A200	635	23,303	SH		DFND	2	635	0	0
VANECK VECTORS HIGH-YIELD MU	ETF	92189F361	752	25,350	SH		DFND	2	752	0	0
VANECK VECTORS AMT-FREE INTE	ETF	92189F544	494	21,327	SH		DFND	2	494	0	0
VOYA GLOBAL EQUITY DIVIDEND	COM	92912T100	698	102,971	SH		DFND	2	698	0	0
VOYA PRIME RATE TRUST	SH BEN INT	92913A100	376	67,947	SH		DFND	2	376	0	0
WELLS FARGO & CO	*W EXP 10/28/201	949746119	6,379	299,092	SH		DFND	2	6,379	0	0
WESTERN ASSET EMERGING MARKE	COM	95766A101	807	54,915	SH		DFND	2	807	0	0
WESTERN GAS EQUITY PARTNERS	COMUNT LTD PT	95825R103	850	20,091	SH		DFND	2	850	0	0