Ionic Capital Management 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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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
ADVANCE AUTO PARTS INC	COM	00751Y106	15,925	84,025	SH		DFND	1	84,025	0	0
ADVAXIS INC	*W EXP 07/15/201	007624117	82	12,621	SH		DFND	1	12,621	0	0
ADVENT CLAYMORE ENH GRW & IN	COM	00765E104	881	107,493	SH		DFND		107,493	0	0
AERCAP HOLDINGS NV	SHS	N00985106	12,089	316,144	SH		DFND	1	316,144	0	0
AEROJET ROCKETDYNE HLDGS INC	COM	007800105	8,198	506,691	SH		DFND	1	506,691	0	0
AGROFRESH SOLUTIONS	*W EXP 07/31/202	00856G117	526	240,246	SH		DFND	1	240,246	0	0
AGROFRESH SOLUTIONS	*W EXP 07/31/202	00856G117	94	43,100	SH		DFND		43,100	0	0
AIR PRODS & CHEMS INC	COM	009158106	30,884	242,075	SH		DFND	1	242,075	0	0
AKORN INC	COM	009728106	12,497	438,345	SH		DFND	1	438,345	0	0
ALLERGAN PLC	SHS	G0177J108	26,371	97,020	SH		DFND	1	97,020	0	0
ALLERGAN PLC	PFD CONV SER A	G0177J116	1,465	1,550	SH		DFND	1	1,550	0	0
ALLIANZGI CONV & INCOME FD	COM	018828103	421	72,155	SH		DFND	1	72,155	0	0
ALLIANZGI CONV & INCOME FD	COM	018828103	465	79,736	SH		DFND		79,736	0	0
ALLIANZGI CONV & INCOME FD I	COM	018825109	191	36,199	SH		DFND	1	36,199	0	0
ALLIANZGI CONV & INCOME FD I	COM	018825109	210	39,796	SH		DFND		39,796	0	0
AMAZON COM INC	COM	023135106	4,095	8,000	SH		DFND		8,000	0	0
AMAZON COM INC	COM	023135106	10,238	20,000	SH	Put	DFND		20,000	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	2,572	66,245	SH		DFND		66,245	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	7,766	200,000	SH	Put	DFND		200,000	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	3,495	90,000	SH	Call	DFND		90,000	0	0
ANADARKO PETE CORP	COM	032511107	1,136	18,814	SH		DFND		18,814	0	0
ANADARKO PETE CORP	COM	032511107	1,335	22,100	SH	Put	DFND		22,100	0	0
APPLE INC	COM	037833100	11,261	102,096	SH		DFND		102,096	0	0
APPLE INC	COM	037833100	27,575	250,000	SH	Call	DFND		250,000	0	0
APPLE INC	COM	037833100	29,285	265,500	SH	Put	DFND		265,500	0	0
APPLIED DNA SCIENCES INC	*W EXP 11/21/201	03815U110	341	113,684	SH		DFND	1	113,684	0	0
APPLIED MATLS INC	COM	038222105	4,370	297,500	SH		DFND		297,500	0	0
APPLIED MATLS INC	COM	038222105	4,407	300,000	SH	Put	DFND		300,000	0	0
APPLIED MATLS INC	COM	038222105	1,469	100,000	SH	Call	DFND		100,000	0	0
AR CAP ACQUISITION CORP	COM	00191R109	445	45,164	SH		DFND	1	45,164	0	0
ARAMARK	COM	03852U106	38,772	1,308,082	SH		DFND	1	1,308,082	0	0
ARCELORMITTAL SA LUXEMBOURG	MAND CV NT 16	L0302D178	1,178	137,820	SH		DFND	1	137,820	0	0
ARCELORMITTAL SA LUXEMBOURG	MAND CV NT 16	L0302D178	10,226	1,196,241	SH		DFND		1,196,241	0	0
ARCELORMITTAL SA LUXEMBOURG	NY REGISTRY SH	03938L104	359	69,800	SH	Call	DFND	1	69,800	0	0
ARCELORMITTAL SA LUXEMBOURG	NY REGISTRY SH	03938L104	175	34,000	SH	Put	DFND	1	34,000	0	0
ARCELORMITTAL SA LUXEMBOURG	NY REGISTRY SH	03938L104	808	156,900	SH	Put	DFND		156,900	0	0
ARCELORMITTAL SA LUXEMBOURG	NY REGISTRY SH	03938L104	6,290	1,221,300	SH	Call	DFND		1,221,300	0	0
AROWANA INC	*W EXP 04/29/202	G05011112	16	146,453	SH		DFND	1	146,453	0	0
AROWANA INC	UNIT 99/99/9999	G05011138	102	10,000	SH		DFND	1	10,000	0	0
ASSOCIATED BANC CORP	*W EXP 11/21/201	045487113	256	113,689	SH		DFND	1	113,689	0	0
ASSOCIATED BANC CORP	COM	045487105	539	30,000	SH	Call	DFND	1	30,000	0	0
AT&T INC	COM	00206R102	5,571	171,006	SH		DFND		171,006	0	0
AT&T INC	COM	00206R102	8,634	265,000	SH	Put	DFND		265,000	0	0
AXALTA COATING SYS LTD	COM	G0750C108	6,158	243,000	SH		DFND	1	243,000	0	0
B/E AEROSPACE INC	COM	073302101	8,098	184,458	SH		DFND	1	184,458	0	0
BALL CORP	COM	058498106	26,058	418,945	SH		DFND	1	418,945	0	0
BALL CORP	COM	058498106	4,534	72,900	SH		DFND		72,900	0	0
BALL CORP	COM	058498106	4,062	65,300	SH	Call	DFND		65,300	0	0
BALL CORP	COM	058498106	933	15,000	SH	Put	DFND		15,000	0	0
BANK AMER CORP	COM	060505104	539	34,617	SH		DFND	1	34,617	0	0
BANK AMER CORP	COM	060505104	312	20,000	SH	Call	DFND	1	20,000	0	0
BANK AMER CORP	COM	060505104	5,305	340,494	SH		DFND		340,494	0	0
BANK AMER CORP	COM	060505104	11,373	730,000	SH	Call	DFND		730,000	0	0
BANK AMER CORP	COM	060505104	7,371	473,100	SH	Put	DFND		473,100	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	2,220	86,604	SH		DFND	1	86,604	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	4,096	159,800	SH	Put	DFND	1	159,800	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	3,350	130,698	SH		DFND		130,698	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	13,774	537,400	SH	Put	DFND		537,400	0	0
BERRY PLASTICS GROUP INC	COM	08579W103	28,219	938,434	SH		DFND	1	938,434	0	0
BHP BILLITON LTD	SPONSORED ADR	088606108	519	16,400	SH		DFND	1	16,400	0	0
BHP BILLITON LTD	SPONSORED ADR	088606108	1,080	34,159	SH		DFND		34,159	0	0
BIOTIME INC	*W EXP 10/01/201	09066L162	208	247,194	SH		DFND	1	247,194	0	0
BIOTIME INC	*W EXP 10/01/201	09066L162	18	21,871	SH		DFND		21,871	0	0
BLACKROCK CORPOR HI YLD FD I	COM	09255P107	378	38,276	SH		DFND	1	38,276	0	0
BLACKROCK CR ALLCTN INC TR	COM	092508100	381	31,308	SH		DFND	1	31,308	0	0
BLACKROCK RES & COMM STRAT T	SHS	09257A108	217	30,582	SH		DFND	1	30,582	0	0
BLACKROCK RES & COMM STRAT T	SHS	09257A108	938	132,129	SH		DFND		132,129	0	0
BLUE BUFFALO PET PRODS INC	COM	09531U102	3,033	169,341	SH		DFND	1	169,341	0	0
BOULEVARD ACQUISITION	UNIT 99/99/9999	10157Q201	297	29,800	SH		DFND	1	29,800	0	0
BROADCOM CORP	CL A	111320107	7,165	139,320	SH		DFND	1	139,320	0	0
CAPITAL ONE FINL CORP	*W EXP 11/14/201	14040H139	317	10,000	SH		DFND	1	10,000	0	0
CARNIVAL CORP	PAIRED CTF	143658300	486	9,782	SH		DFND	1	9,782	0	0
CARNIVAL CORP	PAIRED CTF	143658300	99	2,000	SH	Call	DFND	1	2,000	0	0
CARNIVAL CORP	PAIRED CTF	143658300	7,075	142,363	SH		DFND		142,363	0	0
CARNIVAL CORP	PAIRED CTF	143658300	2,485	50,000	SH	Call	DFND		50,000	0	0
CARNIVAL PLC	ADR	14365C103	672	12,985	SH		DFND		12,985	0	0
CATHAY GEN BANCORP	*W EXP 12/05/201	149150112	3,923	392,087	SH		DFND		392,087	0	0
CEL SCI CORP	*W EXP 10/11/201	150837177	23	92,250	SH		DFND	1	92,250	0	0
CHANTICLEER HLDGS INC	*W EXP 06/11/201	15930P131	12	81,278	SH		DFND	1	81,278	0	0
CHESAPEAKE ENERGY CORP	NOTE 2.750%11/1	165167BW6	2,968	3,000,000	PRN		DFND		3,000,000	0	0
CISCO SYS INC	COM	17275R102	3,281	125,000	SH	Call	DFND		125,000	0	0
CITIGROUP INC	COM NEW	172967424	94	1,900	SH		DFND	1	1,900	0	0
CITIGROUP INC	COM NEW	172967424	893	18,000	SH	Call	DFND	1	18,000	0	0
CITIGROUP INC	COM NEW	172967424	496	10,000	SH		DFND		10,000	0	0
CITIGROUP INC	COM NEW	172967424	7,442	150,000	SH	Call	DFND		150,000	0	0
COMCAST CORP NEW	CL A	20030N101	644	11,319	SH		DFND	1	11,319	0	0
COMCAST CORP NEW	CL A	20030N101	13,340	234,527	SH		DFND		234,527	0	0
COMCAST CORP NEW	CL A	20030N101	7,110	125,000	SH	Call	DFND		125,000	0	0
COMCAST CORP NEW	CL A	20030N101	1,422	25,000	SH	Put	DFND		25,000	0	0
CREDIT SUISSE ASSET MGMT INC	COM	224916106	65	23,058	SH		DFND	1	23,058	0	0
CREDIT SUISSE ASSET MGMT INC	COM	224916106	92	32,653	SH		DFND		32,653	0	0
CREDIT SUISSE NASSAU BRH	INVRS VIX STERM	22542D795	378	15,504	SH		DFND	1	15,504	0	0
CROWN CASTLE INTL CORP NEW	CNV PFD STK SR A	22822V200	800	7,847	SH		DFND	1	7,847	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	371	4,700	SH	Put	DFND	1	4,700	0	0
CTRIP COM INTL LTD	AMERICAN DEP SHS	22943F100	967	15,300	SH	Put	DFND	1	15,300	0	0
CTRIP COM INTL LTD	AMERICAN DEP SHS	22943F100	2,571	40,700	SH	Put	DFND		40,700	0	0
CTRIP COM INTL LTD	NOTE 1.250%10/1	22943FAD2	1,301	1,200,000	PRN		DFND	1	1,200,000	0	0
CURRENCYSHARES EURO TR	EURO SHS	23130C108	61	559	SH		DFND	1	559	0	0
CURRENCYSHARES EURO TR	EURO SHS	23130C108	1,742	15,900	SH	Call	DFND	1	15,900	0	0
CURRENCYSHARES EURO TR	EURO SHS	23130C108	2,082	19,000	SH	Put	DFND	1	19,000	0	0
CUSHING ENERGY INCOME	COM SH BEN INT	23162T102	227	16,268	SH		DFND		16,268	0	0
DBX ETF TR	DBXTR HAR CS 300	233051879	778	24,070	SH		DFND		24,070	0	0
DEL TACO RESTAURANTS INC	*W EXP 06/30/202	245496112	1,198	231,750	SH		DFND	1	231,750	0	0
DELTA TECHNOLOGY HLDGS LTD	*W EXP 12/18/201	G8477B113	11	150,000	SH		DFND		150,000	0	0
DELTA TECHNOLOGY HLDGS LTD	USD ORD SHS	G8477B105	216	91,071	SH		DFND	1	91,071	0	0
DELTA TECHNOLOGY HLDGS LTD	USD ORD SHS	G8477B105	231	97,388	SH		DFND		97,388	0	0
DEPOMED INC	NOTE 2.500% 9/0	249908AA2	1,548	1,300,000	PRN		DFND	1	1,300,000	0	0
DIGITALGLOBE INC	COM NEW	25389M877	10,191	535,816	SH		DFND	1	535,816	0	0
DIREXION SHS ETF TR	DLY ENERBR3X NEW	25459Y454	459	14,000	SH		DFND		14,000	0	0
DOUBLE EAGLE ACQUISITION COR	UNIT 99/99/9999	G28195108	456	45,000	SH		DFND	1	45,000	0	0
DRAGONWAVE INC	*W EXP 08/01/201	26144M129	1	36,849	SH		DFND	1	36,849	0	0
DT ASIA INVTS LTD	SHS	G2615J104	260	25,888	SH		DFND	1	25,888	0	0
DYCOM INDS INC	COM	267475101	948	13,100	SH	Put	DFND	1	13,100	0	0
DYCOM INDS INC	COM	267475101	204	2,822	SH		DFND		2,822	0	0
DYCOM INDS INC	COM	267475101	2,055	28,400	SH	Put	DFND		28,400	0	0
EASTMAN KODAK CO	*W EXP 09/03/201	277461133	113	32,941	SH		DFND	1	32,941	0	0
EASTMAN KODAK CO	*W EXP 09/03/201	277461141	50	16,567	SH		DFND	1	16,567	0	0
ENPRO INDS INC	COM	29355X107	21,244	542,361	SH		DFND	1	542,361	0	0
ETFS PLATINUM TR	SH BEN INT	26922V101	2,649	30,150	SH		DFND		30,150	0	0
EXXON MOBIL CORP	COM	30231G102	1,718	23,105	SH		DFND		23,105	0	0
EXXON MOBIL CORP	COM	30231G102	9,666	130,000	SH	Call	DFND		130,000	0	0
EXXON MOBIL CORP	COM	30231G102	6,692	90,000	SH	Put	DFND		90,000	0	0
EYEGATE PHARMACEUTICALS INC	*W EXP 08/05/202	30233M115	24	27,873	SH		DFND	1	27,873	0	0
FIELDPOINT PETROLEUM CORP	*W EXP 03/23/201	316570126	11	222,536	SH		DFND	1	222,536	0	0
FORESTAR GROUP INC	COM	346233109	636	48,400	SH	Call	DFND	1	48,400	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	218	22,494	SH		DFND	1	22,494	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	734	75,700	SH	Put	DFND	1	75,700	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	291	30,000	SH		DFND		30,000	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	969	100,000	SH	Put	DFND		100,000	0	0
GENERAL ELECTRIC CO	COM	369604103	3,382	134,100	SH	Put	DFND		134,100	0	0
GENERAL ELECTRIC CO	COM	369604103	8,623	341,900	SH	Call	DFND		341,900	0	0
GENERAL MTRS CO	COM	37045V100	5	162	SH		DFND	1	162	0	0
GENERAL MTRS CO	COM	37045V100	1,801	60,000	SH	Call	DFND	1	60,000	0	0
GENERAL MTRS CO	COM	37045V100	2,402	80,000	SH	Call	DFND		80,000	0	0
GENERAL MTRS CO	COM	37045V100	1,801	60,000	SH	Put	DFND		60,000	0	0
GLOBAL DEFENSE & NATL SEC SY	COM	37953N108	630	59,884	SH		DFND	1	59,884	0	0
GLOBAL EAGLE ENTMT INC	COM	37951D102	57	5,000	SH	Call	DFND	1	5,000	0	0
GLOBAL EAGLE ENTMT INC	COM	37951D102	111	9,700	SH	Put	DFND	1	9,700	0	0
GLOBAL EAGLE ENTMT INC	COM	37951D102	274	23,900	SH	Put	DFND		23,900	0	0
GOOGLE INC	CL C	38259P706	24,002	39,450	SH		DFND	1	39,450	0	0
GOOGLE INC	CL C	38259P706	3,217	5,287	SH		DFND		5,287	0	0
GORES HLDGS INC	UNIT 99/99/9999	382866200	439	43,500	SH		DFND	1	43,500	0	0
GRAY TELEVISION INC	COM	389375106	11,176	875,823	SH		DFND	1	875,823	0	0
HENNESSY CAP ACQUISITION COR	UNIT 99/99/9999	42588J209	564	57,250	SH		DFND	1	57,250	0	0
HRG GROUP INC	COM	40434J100	10,946	933,193	SH		DFND	1	933,193	0	0
HUBBELL INC	CL A	443510102	8,888	82,188	SH		DFND	1	82,188	0	0
HUDBAY MINERALS INC	*W EXP 07/20/201	443628136	18	50,000	SH		DFND	1	50,000	0	0
ILLUMINA INC	COM	452327109	466	2,650	SH		DFND		2,650	0	0
INTEL CORP	COM	458140100	9,328	309,490	SH		DFND		309,490	0	0
INTEL CORP	COM	458140100	7,987	265,000	SH	Call	DFND		265,000	0	0
INTEL CORP	COM	458140100	24,419	810,200	SH	Put	DFND		810,200	0	0
INTEL CORP	SDCV 3.250% 8/0	458140AF7	1,510	1,000,000	PRN		DFND	1	1,000,000	0	0
INTELSAT S A	COM	L5140P101	76	11,800	SH	Call	DFND	1	11,800	0	0
INTERXION HOLDING N.V	SHS	N47279109	2,156	79,607	SH		DFND	1	79,607	0	0
INVESCO DYNAMIC CR OPP FD	COM	46132R104	591	55,949	SH		DFND	1	55,949	0	0
ISHARES	MSCI BRZ CAP ETF	464286400	30	1,364	SH		DFND	1	1,364	0	0
ISHARES	MSCI BRZ CAP ETF	464286400	1,098	50,000	SH	Call	DFND	1	50,000	0	0
ISHARES	MSCI CDA ETF	464286509	575	25,000	SH	Call	DFND	1	25,000	0	0
ISHARES	MSCI CDA ETF	464286509	2,381	103,500	SH		DFND		103,500	0	0
ISHARES	MSCI CDA ETF	464286509	3,450	150,000	SH	Put	DFND		150,000	0	0
ISHARES	MSCI SPAN CP ETF	464286764	1,439	48,500	SH	Call	DFND	1	48,500	0	0
ISHARES TR	20+ YR TR BD ETF	464287432	3,677	29,765	SH		DFND		29,765	0	0
ISHARES TR	20+ YR TR BD ETF	464287432	12,354	100,000	SH	Call	DFND		100,000	0	0
ISHARES TR	20+ YR TR BD ETF	464287432	4,942	40,000	SH	Put	DFND		40,000	0	0
ISHARES TR	3-7 YR TR BD ETF	464288661	1,109	8,900	SH	Call	DFND	1	8,900	0	0
ISHARES TR	3-7 YR TR BD ETF	464288661	1,583	12,700	SH	Put	DFND	1	12,700	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	845	23,829	SH		DFND	1	23,829	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	1,756	49,500	SH	Put	DFND	1	49,500	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	560	15,800	SH	Call	DFND	1	15,800	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	30,311	854,547	SH		DFND		854,547	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	8,868	250,000	SH	Call	DFND		250,000	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	38,130	1,075,000	SH	Put	DFND		1,075,000	0	0
ISHARES TR	CORE US CR BD	464288620	65	600	SH	Call	DFND	1	600	0	0
ISHARES TR	CORE US CR BD	464288620	141	1,300	SH	Put	DFND	1	1,300	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	12,244	147,000	SH	Put	DFND	1	147,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	40	482	SH		DFND		482	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	16,658	200,000	SH	Call	DFND		200,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	19,157	230,000	SH	Put	DFND		230,000	0	0
ISHARES TR	MSCI EAFE ETF	464287465	3	49	SH		DFND	1	49	0	0
ISHARES TR	MSCI EAFE ETF	464287465	11,263	196,500	SH	Put	DFND	1	196,500	0	0
ISHARES TR	MSCI EAFE ETF	464287465	4,299	75,000	SH	Put	DFND		75,000	0	0
ISHARES TR	MSCI USAMOMFCT	46432F396	363	5,321	SH		DFND	1	5,321	0	0
ISHARES TR	NASDQ BIOTEC ETF	464287556	4,277	14,100	SH	Put	DFND	1	14,100	0	0
ISHARES TR	RUS MDCP VAL ETF	464287473	114	1,700	SH		DFND	1	1,700	0	0
ISHARES TR	RUS MDCP VAL ETF	464287473	4,126	61,500	SH	Call	DFND	1	61,500	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	109	1,000	SH		DFND	1	1,000	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	16,063	147,100	SH	Call	DFND	1	147,100	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	102	1,439	SH		DFND	1	1,439	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	6,946	97,900	SH	Put	DFND	1	97,900	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	7,095	100,000	SH	Call	DFND		100,000	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	22,491	317,000	SH	Put	DFND		317,000	0	0
JOHNSON & JOHNSON	COM	478160104	2,614	28,000	SH		DFND		28,000	0	0
JOHNSON & JOHNSON	COM	478160104	3,734	40,000	SH	Call	DFND		40,000	0	0
JOHNSON & JOHNSON	COM	478160104	3,734	40,000	SH	Put	DFND		40,000	0	0
KINDER MORGAN INC DEL	*W EXP 05/25/201	49456B119	22	24,237	SH		DFND	1	24,237	0	0
KINDER MORGAN INC DEL	*W EXP 05/25/201	49456B119	116	125,946	SH		DFND		125,946	0	0
LIBERTY GLOBAL PLC	SHS CL C	G5480U120	792	19,300	SH		DFND	1	19,300	0	0
LIBERTY GLOBAL PLC	SHS CL C	G5480U120	6,456	157,376	SH		DFND		157,376	0	0
LINDBLAD EXPEDITIONS HLDGS I	*W EXP 07/08/202	535219117	322	172,356	SH		DFND	1	172,356	0	0
LINDBLAD EXPEDITIONS HLDGS I	*W EXP 07/08/202	535219117	345	184,329	SH		DFND		184,329	0	0
LINKEDIN CORP	COM CL A	53578A108	285	1,500	SH		DFND		1,500	0	0
LINKEDIN CORP	COM CL A	53578A108	951	5,000	SH	Call	DFND		5,000	0	0
LINKEDIN CORP	COM CL A	53578A108	951	5,000	SH	Put	DFND		5,000	0	0
MADISON CVRED CALL & EQ STR	COM	557437100	72	10,163	SH		DFND	1	10,163	0	0
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	124	9,000	SH		DFND	1	9,000	0	0
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	938	68,300	SH	Call	DFND	1	68,300	0	0
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	3,443	250,600	SH	Call	DFND		250,600	0	0
MARKETO INC	COM	57063L107	28,630	1,007,378	SH		DFND	1	1,007,378	0	0
MCDERMOTT INTL INC	COM	580037109	65	15,000	SH	Call	DFND	1	15,000	0	0
MCDONALDS CORP	COM	580135101	2,463	25,000	SH	Put	DFND		25,000	0	0
MCDONALDS CORP	COM	580135101	6,404	65,000	SH	Call	DFND		65,000	0	0
MEDGENICS INC	*W EXP 03/31/201	58436Q112	53	19,694	SH		DFND	1	19,694	0	0
MEDIA GEN INC NEW	COM	58441K100	27,118	1,938,368	SH		DFND	1	1,938,368	0	0
MICRON TECHNOLOGY INC	COM	595112103	715	47,758	SH		DFND		47,758	0	0
MICRON TECHNOLOGY INC	COM	595112103	921	61,500	SH	Put	DFND		61,500	0	0
MICROSOFT CORP	COM	594918104	3,320	75,000	SH	Call	DFND		75,000	0	0
MICROSOFT CORP	COM	594918104	4,767	107,700	SH	Put	DFND		107,700	0	0
MORGAN STANLEY	COM NEW	617446448	1,099	34,904	SH		DFND		34,904	0	0
MORGAN STANLEY	COM NEW	617446448	3,150	100,000	SH	Put	DFND		100,000	0	0
MORGAN STANLEY CHINA A SH FD	COM	617468103	2,023	90,172	SH		DFND		90,172	0	0
MYLAN N V	SHS EURO	N59465109	30,464	756,689	SH		DFND	1	756,689	0	0
NEXSTAR BROADCASTING GROUP I	CL A	65336K103	2,983	63,000	SH		DFND	1	63,000	0	0
NEXTERA ENERGY INC	UNIT 08/31/2018	65339F846	283	5,500	SH		DFND	1	5,500	0	0
NOBLE ENERGY INC	COM	655044105	6,036	200,000	SH	Call	DFND		200,000	0	0
NVIDIA CORP	NOTE 1.000%12/0	67066GAC8	1,351	1,025,000	PRN		DFND	1	1,025,000	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	11,160	128,174	SH		DFND	1	128,174	0	0
OCULUS INNOVATIVE SCIENCES I	*W EXP 01/21/202	67575P116	60	208,360	SH		DFND	1	208,360	0	0
OFFICE DEPOT INC	COM	676220106	1,618	252,056	SH		DFND	1	252,056	0	0
OM GROUP INC	COM	670872100	204	6,200	SH		DFND	1	6,200	0	0
ORION ENGINEERED CARBONS S A	COM	L72967109	2,668	184,671	SH		DFND	1	184,671	0	0
PACE HLDGS CORP	UNIT 99/99/9999	G6865N129	459	45,000	SH		DFND	1	45,000	0	0
PARTNERRE LTD	COM	G6852T105	208	1,500	SH		DFND	1	1,500	0	0
PARTY CITY HOLDCO INC	COM	702149105	9,072	568,084	SH		DFND	1	568,084	0	0
PEPSICO INC	COM	713448108	1,294	13,720	SH		DFND		13,720	0	0
PEPSICO INC	COM	713448108	2,735	29,000	SH	Put	DFND		29,000	0	0
PERRIGO CO PLC	SHS	G97822103	16,251	103,333	SH		DFND	1	103,333	0	0
PFIZER INC	COM	717081103	4,239	134,950	SH		DFND		134,950	0	0
PFIZER INC	COM	717081103	9,172	292,000	SH	Put	DFND		292,000	0	0
PFIZER INC	COM	717081103	9,109	290,000	SH	Call	DFND		290,000	0	0
PIMCO ETF TR	TTL RTN ACTV ETF	72201R775	598	5,667	SH		DFND	1	5,667	0	0
PIMCO ETF TR	TTL RTN ACTV ETF	72201R775	1,002	9,500	SH	Call	DFND	1	9,500	0	0
PIMCO ETF TR	TTL RTN ACTV ETF	72201R775	1,002	9,500	SH	Put	DFND	1	9,500	0	0
PINNACLE FOODS INC DEL	COM	72348P104	22,167	529,299	SH		DFND	1	529,299	0	0
PLANET FITNESS INC	CL A	72703H101	3,736	217,954	SH		DFND	1	217,954	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	13,310	130,800	SH	Call	DFND	1	130,800	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	28,493	280,000	SH	Call	DFND		280,000	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	4,070	40,000	SH	Put	DFND		40,000	0	0
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	756	30,132	SH		DFND	1	30,132	0	0
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	4,169	166,100	SH	Call	DFND	1	166,100	0	0
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	4,169	166,100	SH	Put	DFND	1	166,100	0	0
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	1,167	26,900	SH	Call	DFND	1	26,900	0	0
PROSHARES TR II	SHT VIX ST TRM	74347W627	1,648	34,600	SH	Call	DFND	1	34,600	0	0
PROSHARES TR II	SHT VIX ST TRM	74347W627	9,528	200,000	SH	Call	DFND		200,000	0	0
QIHOO 360 TECHNOLOGY CO LTD	ADS	74734M109	127	2,650	SH		DFND	1	2,650	0	0
QIHOO 360 TECHNOLOGY CO LTD	ADS	74734M109	1,315	27,500	SH	Put	DFND	1	27,500	0	0
QIHOO 360 TECHNOLOGY CO LTD	ADS	74734M109	62	1,300	SH		DFND		1,300	0	0
QIHOO 360 TECHNOLOGY CO LTD	ADS	74734M109	167	3,500	SH	Put	DFND		3,500	0	0
QIHOO 360 TECHNOLOGY CO LTD	NOTE 1.750% 8/1	74734MAF6	630	750,000	PRN		DFND	1	750,000	0	0
QIHOO 360 TECHNOLOGY CO LTD	NOTE 1.750% 8/1	74734MAF6	168	200,000	PRN		DFND		200,000	0	0
QUALCOMM INC	COM	747525103	44,804	833,876	SH		DFND		833,876	0	0
QUALCOMM INC	COM	747525103	52,784	982,400	SH	Put	DFND		982,400	0	0
QUALCOMM INC	COM	747525103	45,671	850,000	SH	Call	DFND		850,000	0	0
RACKSPACE HOSTING INC	COM	750086100	23,369	946,892	SH		DFND	1	946,892	0	0
RESTORATION HARDWARE HLDGS I	COM	761283100	1,026	11,000	SH	Put	DFND	1	11,000	0	0
ROI ACQUISITION CORP II	COM	74966G101	180	18,007	SH		DFND	1	18,007	0	0
ROYCE MICRO-CAP TR INC	COM	780915104	292	37,726	SH		DFND	1	37,726	0	0
SCHLUMBERGER LTD	COM	806857108	6,897	100,000	SH	Call	DFND		100,000	0	0
SCIENTIFIC GAMES CORP	CL A	80874P109	1,095	104,775	SH		DFND		104,775	0	0
SCIENTIFIC GAMES CORP	CL A	80874P109	8,706	833,100	SH	Call	DFND		833,100	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	3,639	49,000	SH	Put	DFND	1	49,000	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	1,179	24,975	SH		DFND		24,975	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	9,438	200,000	SH	Call	DFND		200,000	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	5,508	90,000	SH	Call	DFND		90,000	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	3,060	50,000	SH	Put	DFND		50,000	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	154	3,909	SH		DFND	1	3,909	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	423	10,714	SH		DFND		10,714	0	0
SOLARCITY CORP	COM	83416T100	854	20,000	SH	Put	DFND	1	20,000	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	102	8,000	SH	Call	DFND	1	8,000	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	343	27,000	SH	Put	DFND	1	27,000	0	0
SOUTHWESTERN ENERGY CO	DEP SHS 1/20 B	845467208	1,143	36,779	SH		DFND	1	36,779	0	0
SOUTHWESTERN ENERGY CO	DEP SHS 1/20 B	845467208	332	10,682	SH		DFND		10,682	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	383	1,998	SH		DFND	1	1,998	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	3,373	17,600	SH	Call	DFND	1	17,600	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	113,809	593,900	SH	Put	DFND	1	593,900	0	0
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	3,733	15,000	SH	Call	DFND	1	15,000	0	0
SPDR SERIES TRUST	S&P METALS MNG	78464A755	167	10,000	SH	Call	DFND		10,000	0	0
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	1,589	48,400	SH	Call	DFND		48,400	0	0
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	1,317	40,100	SH	Put	DFND		40,100	0	0
SPDR SERIES TRUST	S&P REGL BKG	78464A698	1,012	24,577	SH		DFND	1	24,577	0	0
STERICYCLE INC	DEP PFD A 1/10	858912207	925	9,090	SH		DFND	1	9,090	0	0
STERICYCLE INC	DEP PFD A 1/10	858912207	722	7,100	SH		DFND		7,100	0	0
STRATEGIC HOTELS & RESORTS I	COM	86272T106	203	14,700	SH		DFND	1	14,700	0	0
SUNCOKE ENERGY INC	COM	86722A103	6,861	881,866	SH		DFND	1	881,866	0	0
SUNEDISON INC	COM	86732Y109	94	13,150	SH		DFND	1	13,150	0	0
SUNEDISON INC	COM	86732Y109	98	13,600	SH	Put	DFND	1	13,600	0	0
SUNTRUST BKS INC	*W EXP 11/14/201	867914111	423	125,403	SH		DFND	1	125,403	0	0
SWISS HELVETIA FD INC	COM	870875101	335	30,881	SH		DFND	1	30,881	0	0
SYSCO CORP	COM	871829107	3,897	100,000	SH	Put	DFND		100,000	0	0
T MOBILE US INC	CONV PFD SER A	872590203	525	7,600	SH		DFND	1	7,600	0	0
TE CONNECTIVITY LTD	REG SHS	H84989104	16,075	268,405	SH		DFND	1	268,405	0	0
TECNOGLASS INC	SHS	G87264100	894	65,165	SH		DFND	1	65,165	0	0
TERRAPIN 3 ACQUISITION CORP	COM CL A	88104P104	102	10,360	SH		DFND	1	10,360	0	0
TESLA MTRS INC	NOTE 1.500% 6/0	88160RAA9	1,630	800,000	PRN		DFND	1	800,000	0	0
TIME WARNER CABLE INC	COM	88732J207	10,933	60,953	SH		DFND	1	60,953	0	0
TIME WARNER CABLE INC	COM	88732J207	11,569	64,500	SH	Call	DFND	1	64,500	0	0
TRIPADVISOR INC	COM	896945201	612	9,710	SH		DFND	1	9,710	0	0
TRIPADVISOR INC	COM	896945201	1,254	19,900	SH	Call	DFND	1	19,900	0	0
TRIPADVISOR INC	COM	896945201	1,254	19,900	SH	Put	DFND	1	19,900	0	0
TYSON FOODS INC	CL A	902494103	129	3,000	SH	Put	DFND	1	3,000	0	0
TYSON FOODS INC	UNIT 99/99/9999	902494301	1,475	28,781	SH		DFND	1	28,781	0	0
UBS AG LONDON BRH	ETRACS MTH 2XLV	90270L842	369	23,800	SH		DFND	1	23,800	0	0
UBS AG LONDON BRH	ETRACS MTH 2XLV	90270L842	1,486	95,900	SH		DFND		95,900	0	0
UBS AG LONDON BRH	ETRACS MTH2XRE	90269A302	385	26,790	SH		DFND	1	26,790	0	0
UNILEVER N V	N Y SHS NEW	904784709	362	9,000	SH		DFND	1	9,000	0	0
UNITED RENTALS INC	COM	911363109	11,452	190,709	SH		DFND	1	190,709	0	0
UNITED STATES OIL FUND LP	UNITS	91232N108	2,055	140,000	SH	Call	DFND		140,000	0	0
UNITED STS BRENT OIL FD LP	UNIT	91167Q100	1,655	99,459	SH		DFND		99,459	0	0
UNITED STS BRENT OIL FD LP	UNIT	91167Q100	1,664	100,000	SH	Put	DFND		100,000	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	601	10,000	SH	Call	DFND	1	10,000	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	180	3,000	SH		DFND		3,000	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	3,005	50,000	SH	Put	DFND		50,000	0	0
VALLEY NATL BANCORP	*W EXP 11/14/201	919794131	28	182,776	SH		DFND	1	182,776	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	207	2,524	SH		DFND	1	2,524	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	1,262	15,400	SH	Call	DFND	1	15,400	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	1,180	14,400	SH	Put	DFND	1	14,400	0	0
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	10,453	86,200	SH	Call	DFND	1	86,200	0	0
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	7,409	61,100	SH	Call	DFND		61,100	0	0
VMWARE INC	CL A COM	928563402	16,793	213,135	SH		DFND	1	213,135	0	0
WASHINGTON FED INC	*W EXP 11/14/201	938824117	238	43,864	SH		DFND	1	43,864	0	0
WESTERN ASSET CLYM INFL OPP	COM	95766R104	383	36,812	SH		DFND	1	36,812	0	0
WESTERN DIGITAL CORP	COM	958102105	15,262	192,123	SH		DFND	1	192,123	0	0
WISDOMTREE TR	INDIA ERNGS FD	97717W422	38	1,930	SH		DFND	1	1,930	0	0
WISDOMTREE TR	INDIA ERNGS FD	97717W422	1,534	77,000	SH	Put	DFND	1	77,000	0	0
WISDOMTREE TR	INDIA ERNGS FD	97717W422	438	22,000	SH		DFND		22,000	0	0
WISDOMTREE TR	INDIA ERNGS FD	97717W422	11,813	593,000	SH	Put	DFND		593,000	0	0
WISDOMTREE TR	INDIA ERNGS FD	97717W422	1,992	100,000	SH	Call	DFND		100,000	0	0
XPO LOGISTICS INC	COM	983793100	21,239	891,264	SH		DFND	1	891,264	0	0
YAHOO INC	COM	984332106	17,310	598,755	SH		DFND	1	598,755	0	0
YAHOO INC	COM	984332106	1,282	44,332	SH		DFND		44,332	0	0
YAHOO INC	COM	984332106	7,228	250,000	SH	Call	DFND		250,000	0	0
YAHOO INC	COM	984332106	2,694	93,200	SH	Put	DFND		93,200	0	0
YUM BRANDS INC	COM	988498101	34,434	430,691	SH		DFND	1	430,691	0	0
YUM BRANDS INC	COM	988498101	29,486	368,800	SH	Call	DFND	1	368,800	0	0
ZIONS BANCORPORATION	*W EXP 05/22/202	989701115	356	98,815	SH		DFND	1	98,815	0	0
ZIONS BANCORPORATION	*W EXP 05/22/202	989701115	2,173	603,554	SH		DFND		603,554	0	0
ZIONS BANCORPORATION	*W EXP 11/14/201	989701131	117	59,956	SH		DFND	1	59,956	0	0
ZIONS BANCORPORATION	COM	989701107	63	2,300	SH	Call	DFND		2,300	0	0
ZIONS BANCORPORATION	COM	989701107	2,754	100,000	SH	Put	DFND		100,000	0	0