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
ABERDEEN AUSTRALIA EQTY FD I	COM	003011103	262	48,000	SH		DFND	1	48,000	0	0
ABILITY INC	*W EXP 12/17/201	G8789K116	32	23,000	SH		DFND	1	23,000	0	0
ADVANCE AUTO PARTS INC	COM	00751Y106	3,311	22,000	SH		DFND	1	22,000	0	0
ADVENT CLAY CONV SEC INC FD	COM	007639107	640	115,350	SH		DFND	1	115,350	0	0
ADVENT CLAYMORE CV SECS & IN	COM	00764C109	317	23,441	SH		DFND	1	23,441	0	0
ADVENT CLAYMORE ENH GRW & IN	COM	00765E104	678	82,013	SH		DFND		82,013	0	0
AERCAP HOLDINGS NV	SHS	N00985106	7,361	170,544	SH		DFND	1	170,544	0	0
AEROJET ROCKETDYNE HLDGS INC	COM	007800105	3,174	202,657	SH		DFND	1	202,657	0	0
AETNA INC NEW	COM	00817Y108	14,056	130,000	SH	Call	DFND		130,000	0	0
AETNA INC NEW	COM	00817Y108	14,056	130,000	SH	Put	DFND		130,000	0	0
AGROFRESH SOLUTIONS	*W EXP 07/31/202	00856G117	72	71,516	SH		DFND	1	71,516	0	0
AIR PRODS & CHEMS INC	COM	009158106	16,156	124,175	SH		DFND	1	124,175	0	0
AKORN INC	COM	009728106	10,199	273,345	SH		DFND	1	273,345	0	0
ALLERGAN PLC	PFD CONV SER A	G0177J116	2,210	2,150	SH		DFND	1	2,150	0	0
ALLERGAN PLC	PFD CONV SER A	G0177J116	514	500	SH		DFND		500	0	0
ALLERGAN PLC	SHS	G0177J108	19,756	63,220	SH		DFND	1	63,220	0	0
ALLIANZGI CONV & INCOME FD	COM	018828103	676	121,945	SH		DFND	1	121,945	0	0
ALLIANZGI CONV & INCOME FD	COM	018828103	442	79,736	SH		DFND		79,736	0	0
ALLIANZGI CONV & INCOME FD I	COM	018825109	402	79,658	SH		DFND	1	79,658	0	0
ALLIANZGI CONV & INCOME FD I	COM	018825109	201	39,796	SH		DFND		39,796	0	0
ALLIANZGI NFJ DIVID INT & PR	COM	01883A107	413	33,300	SH		DFND	1	33,300	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,712	2,200	SH		DFND		2,200	0	0
ALPHABET INC	CAP STK CL C	02079K107	15,671	20,650	SH		DFND	1	20,650	0	0
ALPINE GLOBAL PREMIER PPTYS	COM SBI	02083A103	542	93,900	SH		DFND	1	93,900	0	0
AMAZON COM INC	COM	023135106	13,518	20,000	SH	Put	DFND		20,000	0	0
AMAZON COM INC	COM	023135106	5,340	7,900	SH		DFND		7,900	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	1,694	40,000	SH	Call	DFND		40,000	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	3,790	89,500	SH	Put	DFND		89,500	0	0
AMSURG CORP	PFD CNV SR A-1 %	03232P504	685	4,762	SH		DFND	1	4,762	0	0
ANADARKO PETE CORP	COM	032511107	1,074	22,100	SH	Call	DFND		22,100	0	0
ANTHEM INC	UNIT 05/01/20188	036752202	1,923	41,755	SH		DFND	1	41,755	0	0
APPLE INC	COM	037833100	10,526	100,000	SH	Call	DFND		100,000	0	0
APPLE INC	COM	037833100	18,473	175,500	SH	Put	DFND		175,500	0	0
APPLE INC	COM	037833100	3,077	29,232	SH		DFND		29,232	0	0
APPLIED DNA SCIENCES INC	*W EXP 11/21/201	03815U110	587	349,859	SH		DFND	1	349,859	0	0
AR CAP ACQUISITION CORP	COM	00191R109	980	100,703	SH		DFND	1	100,703	0	0
ARAMARK	COM	03852U106	18,386	570,108	SH		DFND	1	570,108	0	0
ARCELORMITTAL SA LUXEMBOURG	MAND CV NT 16	L0302D178	1,146	175,475	SH		DFND	1	175,475	0	0
ARCELORMITTAL SA LUXEMBOURG	MAND CV NT 16	L0302D178	6,210	950,694	SH		DFND		950,694	0	0
ARCELORMITTAL SA LUXEMBOURG	NY REGISTRY SH	03938L104	174	41,300	SH	Call	DFND	1	41,300	0	0
ARCELORMITTAL SA LUXEMBOURG	NY REGISTRY SH	03938L104	2,335	553,300	SH	Call	DFND		553,300	0	0
AROWANA INC	*W EXP 04/29/202	G05011112	27	269,663	SH		DFND	1	269,663	0	0
AROWANA INC	UNIT 99/99/9999	G05011138	101	10,000	SH		DFND	1	10,000	0	0
ASA GOLD AND PRECIOUS MTLS L	SHS	G3156P103	73	10,179	SH		DFND	1	10,179	0	0
ASA GOLD AND PRECIOUS MTLS L	SHS	G3156P103	92	12,823	SH		DFND		12,823	0	0
ASCENA RETAIL GROUP INC	COM	04351G101	1,968	199,800	SH	Put	DFND		199,800	0	0
ASSOCIATED BANC CORP	*W EXP 11/21/201	045487113	344	115,189	SH		DFND	1	115,189	0	0
AT&T INC	COM	00206R102	1,724	50,100	SH	Put	DFND		50,100	0	0
AT&T INC	COM	00206R102	2,306	67,006	SH		DFND		67,006	0	0
AXALTA COATING SYS LTD	COM	G0750C108	10,473	393,000	SH		DFND	1	393,000	0	0
B/E AEROSPACE INC	COM	073302101	10,315	243,458	SH		DFND	1	243,458	0	0
BALL CORP	COM	058498106	10,078	138,563	SH		DFND	1	138,563	0	0
BALL CORP	COM	058498106	12,800	176,000	SH	Call	DFND		176,000	0	0
BALL CORP	COM	058498106	1,091	15,000	SH	Put	DFND		15,000	0	0
BALL CORP	COM	058498106	5,629	77,402	SH		DFND		77,402	0	0
BANK AMER CORP	COM	060505104	337	20,000	SH	Call	DFND	1	20,000	0	0
BANK AMER CORP	COM	060505104	323	19,173	SH		DFND	1	19,173	0	0
BANK AMER CORP	COM	060505104	13,969	830,000	SH	Call	DFND		830,000	0	0
BANK AMER CORP	COM	060505104	4,208	250,000	SH	Put	DFND		250,000	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	2,981	148,300	SH	Put	DFND	1	148,300	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	691	34,383	SH		DFND	1	34,383	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	2,412	120,000	SH	Call	DFND		120,000	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	4,925	245,000	SH	Put	DFND		245,000	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	451	22,414	SH		DFND		22,414	0	0
BERRY PLASTICS GROUP INC	COM	08579W103	13,594	375,734	SH		DFND	1	375,734	0	0
BIOTIME INC	*W EXP 10/01/201	09066L162	608	506,752	SH		DFND	1	506,752	0	0
BIOTIME INC	*W EXP 10/01/201	09066L162	1,040	867,226	SH		DFND		867,226	0	0
BIOTIME INC	COM	09066L105	0	100	SH	Call	DFND	1	100	0	0
BIOTIME INC	COM	09066L105	935	228,000	SH	Put	DFND	1	228,000	0	0
BIOTIME INC	COM	09066L105	352	85,800	SH	Put	DFND		85,800	0	0
BLACK HILLS CORP	COM	092113109	9	200	SH	Put	DFND	1	200	0	0
BLACK HILLS CORP	UNIT 99/99/9999	092113125	3,014	54,400	SH		DFND	1	54,400	0	0
BLACK HILLS CORP	UNIT 99/99/9999	092113125	876	15,800	SH		DFND		15,800	0	0
BLACKROCK CR ALLCTN INC TR	COM	092508100	606	49,090	SH		DFND	1	49,090	0	0
BLACKROCK RES & COMM STRAT T	SHS	09257A108	658	92,476	SH		DFND	1	92,476	0	0
BLACKROCK RES & COMM STRAT T	SHS	09257A108	870	122,429	SH		DFND		122,429	0	0
BOULEVARD ACQUISITION	CL A	10157Q102	1,015	102,999	SH		DFND	1	102,999	0	0
BOULEVARD ACQUISITION	UNIT 99/99/9999	10157Q201	457	46,200	SH		DFND	1	46,200	0	0
BUNGE LIMITED	COM	G16962105	1,707	25,000	SH	Put	DFND	1	25,000	0	0
CAPITAL ONE FINL CORP	*W EXP 11/14/201	14040H139	314	10,000	SH		DFND	1	10,000	0	0
CAPITOL ACQUISITION CORP III	UNIT 99/99/9999	14055M205	530	53,300	SH		DFND	1	53,300	0	0
CARNIVAL CORP	PAIRED CTF	143658300	109	2,000	SH	Call	DFND	1	2,000	0	0
CARNIVAL CORP	PAIRED CTF	143658300	2,755	50,560	SH		DFND	1	50,560	0	0
CARNIVAL CORP	PAIRED CTF	143658300	1,634	30,000	SH	Call	DFND		30,000	0	0
CARNIVAL CORP	PAIRED CTF	143658300	6,652	122,102	SH		DFND		122,102	0	0
CATHAY GEN BANCORP	*W EXP 12/05/201	149150112	4,274	392,087	SH		DFND		392,087	0	0
CEL SCI CORP	*W EXP 10/11/201	150837177	16	92,250	SH		DFND	1	92,250	0	0
CENTRAL FD CDA LTD	CL A	153501101	107	10,710	SH		DFND		10,710	0	0
CHANTICLEER HLDGS INC	*W EXP 06/11/201	15930P131	11	81,278	SH		DFND	1	81,278	0	0
CHEVRON CORP NEW	COM	166764100	4,498	50,000	SH	Call	DFND		50,000	0	0
CHEVRON CORP NEW	COM	166764100	3,149	35,000	SH	Put	DFND		35,000	0	0
CHEVRON CORP NEW	COM	166764100	720	8,000	SH		DFND		8,000	0	0
CISCO SYS INC	COM	17275R102	2,716	100,000	SH	Call	DFND		100,000	0	0
CITIGROUP INC	COM NEW	172967424	932	18,000	SH	Call	DFND	1	18,000	0	0
CITIGROUP INC	COM NEW	172967424	98	1,900	SH		DFND	1	1,900	0	0
CITIGROUP INC	COM NEW	172967424	7,763	150,000	SH	Call	DFND		150,000	0	0
CITIGROUP INC	COM NEW	172967424	385	7,440	SH		DFND		7,440	0	0
CLOVIS ONCOLOGY INC	COM	189464100	221	6,300	SH	Call	DFND	1	6,300	0	0
CLOVIS ONCOLOGY INC	COM	189464100	221	6,300	SH	Put	DFND	1	6,300	0	0
COBALT INTL ENERGY INC	NOTE 3.125% 5/1	19075FAB2	210	400,000	PRN		DFND	1	400,000	0	0
COHEN & STEERS MLP INC & ENR	COM SHS	19249B106	75	7,190	SH		DFND	1	7,190	0	0
COHEN & STEERS MLP INC & ENR	COM SHS	19249B106	115	10,966	SH		DFND		10,966	0	0
COHEN & STEERS REIT & PFD IN	COM	19247X100	494	26,763	SH		DFND	1	26,763	0	0
COMCAST CORP NEW	CL A	20030N101	7,054	125,000	SH	Call	DFND		125,000	0	0
COMCAST CORP NEW	CL A	20030N101	1,411	25,000	SH	Put	DFND		25,000	0	0
CONTRAFECT CORP	*W EXP 01/31/201	212326110	46	31,900	SH		DFND	1	31,900	0	0
CORNING INC	COM	219350105	1,828	100,000	SH	Call	DFND		100,000	0	0
CORNING INC	COM	219350105	2,111	115,500	SH		DFND		115,500	0	0
CREDIT SUISSE NASSAU BRH	INVRS VIX STERM	22542D795	666	25,820	SH		DFND	1	25,820	0	0
CROWN CASTLE INTL CORP NEW	CNV PFD STK SR A	22822V200	1,264	11,786	SH		DFND	1	11,786	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	527	6,100	SH	Put	DFND	1	6,100	0	0
CTRIP COM INTL LTD	AMERICAN DEP SHS	22943F100	1,418	30,600	SH	Put	DFND	1	30,600	0	0
CTRIP COM INTL LTD	AMERICAN DEP SHS	22943F100	3,771	81,400	SH	Put	DFND		81,400	0	0
CTRIP COM INTL LTD	NOTE 1.250%10/1	22943FAD2	3,804	2,875,000	PRN		DFND	1	2,875,000	0	0
CURRENCYSHARES EURO TR	EURO SHS	23130C108	4,022	37,800	SH	Call	DFND	1	37,800	0	0
CURRENCYSHARES EURO TR	EURO SHS	23130C108	3,320	31,200	SH	Put	DFND	1	31,200	0	0
CURRENCYSHARES EURO TR	EURO SHS	23130C108	569	5,345	SH		DFND	1	5,345	0	0
DAKTRONICS INC	COM	234264109	447	51,300	SH	Call	DFND	1	51,300	0	0
DARDEN RESTAURANTS INC	COM	237194105	3,182	50,000	SH	Call	DFND		50,000	0	0
DEL TACO RESTAURANTS INC	*W EXP 06/30/202	245496112	1,008	347,550	SH		DFND	1	347,550	0	0
DELTA AIR LINES INC DEL	COM NEW	247361702	634	12,500	SH	Call	DFND	1	12,500	0	0
DELTA TECHNOLOGY HLDGS LTD	*W EXP 12/18/201	G8477B113	15	150,000	SH		DFND		150,000	0	0
DELTA TECHNOLOGY HLDGS LTD	USD ORD SHS	G8477B105	134	91,071	SH		DFND	1	91,071	0	0
DELTA TECHNOLOGY HLDGS LTD	USD ORD SHS	G8477B105	143	97,388	SH		DFND		97,388	0	0
DEPOMED INC	NOTE 2.500% 9/0	249908AA2	2,908	2,550,000	PRN		DFND	1	2,550,000	0	0
DIREXION SHS ETF TR	DAILY FINL BEAR	25490K539	2,887	70,100	SH	Call	DFND		70,100	0	0
DIREXION SHS ETF TR	DLY ENERBR3X NEW	25459Y454	4,397	150,000	SH	Call	DFND		150,000	0	0
DIREXION SHS ETF TR	DLY ENERBR3X NEW	25459Y454	5,862	200,000	SH	Put	DFND		200,000	0	0
DIREXION SHS ETF TR	DLY ENERBR3X NEW	25459Y454	458	15,632	SH		DFND		15,632	0	0
DOUBLE EAGLE ACQUISITION COR	UNIT 99/99/9999	G28195108	450	45,000	SH		DFND	1	45,000	0	0
DRAGONWAVE INC	*W EXP 08/01/201	26144M129	0	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	916	13,100	SH	Put	DFND	1	13,100	0	0
EASTMAN KODAK CO	*W EXP 09/03/201	277461133	104	37,558	SH		DFND	1	37,558	0	0
EASTMAN KODAK CO	*W EXP 09/03/201	277461141	40	21,752	SH		DFND	1	21,752	0	0
ELECTRUM SPL ACQUISITION COR	SHS	G3105C104	1,495	155,063	SH		DFND	1	155,063	0	0
ENPRO INDS INC	COM	29355X107	9,735	222,061	SH		DFND	1	222,061	0	0
ETFS PLATINUM TR	SH BEN INT	26922V101	1,455	16,951	SH		DFND		16,951	0	0
EXXON MOBIL CORP	COM	30231G102	14,031	180,000	SH	Call	DFND		180,000	0	0
EXXON MOBIL CORP	COM	30231G102	3,118	40,000	SH	Put	DFND		40,000	0	0
EYEGATE PHARMACEUTICALS INC	*W EXP 08/05/202	30233M115	119	158,273	SH		DFND	1	158,273	0	0
FAIRCHILD SEMICONDUCTOR INTL	COM	303726103	466	22,497	SH		DFND	1	22,497	0	0
FIDUCIARY CLAYMORE MLP OPP F	COM	31647Q106	118	9,129	SH		DFND	1	9,129	0	0
FIDUCIARY CLAYMORE MLP OPP F	COM	31647Q106	181	13,915	SH		DFND		13,915	0	0
FIELDPOINT PETROLEUM CORP	*W EXP 03/23/201	316570126	7	222,536	SH		DFND	1	222,536	0	0
FIRST TR ENERGY INFRASTRCTR	COM	33738C103	69	4,751	SH		DFND	1	4,751	0	0
FIRST TR ENERGY INFRASTRCTR	COM	33738C103	106	7,250	SH		DFND		7,250	0	0
FORESTAR GROUP INC	COM	346233109	650	59,400	SH	Call	DFND	1	59,400	0	0
FORESTAR GROUP INC	COM	346233109	109	10,000	SH	Put	DFND	1	10,000	0	0
FORESTAR GROUP INC	COM	346233109	22	2,000	SH	Call	DFND		2,000	0	0
GENERAL ELECTRIC CO	COM	369604103	508	16,300	SH	Call	DFND	1	16,300	0	0
GENERAL ELECTRIC CO	COM	369604103	9,750	313,000	SH	Call	DFND		313,000	0	0
GENERAL ELECTRIC CO	COM	369604103	4,177	134,100	SH	Put	DFND		134,100	0	0
GENERAL MTRS CO	COM	37045V100	2,041	60,000	SH	Call	DFND	1	60,000	0	0
GENERAL MTRS CO	COM	37045V100	6	162	SH		DFND	1	162	0	0
GENERAL MTRS CO	COM	37045V100	2,721	80,000	SH	Call	DFND		80,000	0	0
GENERAL MTRS CO	COM	37045V100	2,041	60,000	SH	Put	DFND		60,000	0	0
GLOBAL EAGLE ENTMT INC	COM	37951D102	90	9,100	SH	Call	DFND	1	9,100	0	0
GLOBAL EAGLE ENTMT INC	COM	37951D102	651	66,000	SH	Put	DFND	1	66,000	0	0
GLOBAL EAGLE ENTMT INC	COM	37951D102	197	19,910	SH		DFND	1	19,910	0	0
GORES HLDGS INC	UNIT 99/99/9999	382866200	435	43,500	SH		DFND	1	43,500	0	0
GP INVTS ACQUISITION COR	SHS	G40357124	451	46,960	SH		DFND	1	46,960	0	0
HEICO CORP NEW	COM	422806109	783	14,400	SH		DFND	1	14,400	0	0
HEICO CORP NEW	COM	422806109	1,152	21,200	SH		DFND		21,200	0	0
HENNESSY CAP ACQUISITION COR	COM	42588J100	77	8,000	SH		DFND	1	8,000	0	0
HENNESSY CAP ACQUISITION COR	UNIT 99/99/9999	42588J209	1,022	104,250	SH		DFND	1	104,250	0	0
HRG GROUP INC	COM	40434J100	6,267	462,193	SH		DFND	1	462,193	0	0
ILLUMINA INC	COM	452327109	509	2,650	SH		DFND		2,650	0	0
INTEL CORP	COM	458140100	4,823	140,000	SH	Call	DFND		140,000	0	0
INTEL CORP	COM	458140100	17,859	518,400	SH	Put	DFND		518,400	0	0
INTEL CORP	COM	458140100	806	23,390	SH		DFND		23,390	0	0
INTEL CORP	SDCV 3.250% 8/0	458140AF7	2,998	1,800,000	PRN		DFND	1	1,800,000	0	0
INTELSAT S A	COM	L5140P101	105	25,300	SH	Call	DFND	1	25,300	0	0
INTELSAT S A	COM	L5140P101	29	7,000	SH	Put	DFND	1	7,000	0	0
INVESCO DYNAMIC CR OPP FD	COM	46132R104	966	91,606	SH		DFND	1	91,606	0	0
ISHARES	MSCI BRZ CAP ETF	464286400	1,551	75,000	SH	Call	DFND	1	75,000	0	0
ISHARES	MSCI BRZ CAP ETF	464286400	42	2,043	SH		DFND	1	2,043	0	0
ISHARES TR	3-7 YR TR BD ETF	464288661	257	2,100	SH	Call	DFND	1	2,100	0	0
ISHARES TR	3-7 YR TR BD ETF	464288661	932	7,600	SH	Put	DFND	1	7,600	0	0
ISHARES TR	3-7 YR TR BD ETF	464288661	146	1,193	SH		DFND	1	1,193	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	205	5,800	SH	Call	DFND	1	5,800	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	1,747	49,500	SH	Put	DFND	1	49,500	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	1,146	32,463	SH		DFND	1	32,463	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	1,765	50,000	SH	Call	DFND		50,000	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	17,645	500,000	SH	Put	DFND		500,000	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	4,737	134,227	SH		DFND		134,227	0	0
ISHARES TR	CORE US CR BD	464288620	64	600	SH	Call	DFND	1	600	0	0
ISHARES TR	CORE US CR BD	464288620	139	1,300	SH	Put	DFND	1	1,300	0	0
ISHARES TR	GLOB HLTHCRE ETF	464287325	236	2,300	SH	Put	DFND	1	2,300	0	0
ISHARES TR	GLOB HLTHCRE ETF	464287325	513	5,000	SH	Put	DFND		5,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	8,058	100,000	SH	Call	DFND		100,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	28,203	350,000	SH	Put	DFND		350,000	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	2,436	30,235	SH		DFND		30,235	0	0
ISHARES TR	MSCI EAFE ETF	464287465	10,276	175,000	SH	Put	DFND		175,000	0	0
ISHARES TR	MSCI EAFE ETF	464287465	3,187	54,271	SH		DFND		54,271	0	0
ISHARES TR	MSCI USAMOMFCT	46432F396	623	8,505	SH		DFND	1	8,505	0	0
ISHARES TR	PHLX SEMICND ETF	464287523	371	4,124	SH		DFND	1	4,124	0	0
ISHARES TR	RUS MDCP VAL ETF	464287473	5,898	85,900	SH	Call	DFND	1	85,900	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	7,410	65,800	SH	Call	DFND	1	65,800	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	1,090	9,678	SH		DFND	1	9,678	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	210	1,867	SH		DFND		1,867	0	0
ISHARES TR	U.S. PFD STK ETF	464288687	3,710	95,500	SH	Put	DFND	1	95,500	0	0
ISHARES TR	U.S. PFD STK ETF	464288687	365	9,395	SH		DFND	1	9,395	0	0
ISHARES TR	U.S. PFD STK ETF	464288687	53,395	1,374,400	SH	Put	DFND		1,374,400	0	0
ISHARES TR	U.S. PFD STK ETF	464288687	4,751	122,283	SH		DFND		122,283	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	476	6,346	SH		DFND	1	6,346	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	3,754	50,000	SH	Call	DFND		50,000	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	3,529	47,000	SH	Put	DFND		47,000	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	729	9,706	SH		DFND		9,706	0	0
J2 GLOBAL INC	NOTE 3.250% 6/1	48123VAC6	3,018	2,300,000	PRN		DFND	1	2,300,000	0	0
JARDEN CORP	COM	471109108	6,403	112,096	SH		DFND	1	112,096	0	0
JOHN BEAN TECHNOLOGIES CORP	COM	477839104	244	4,900	SH	Call	DFND	1	4,900	0	0
JOHNSON & JOHNSON	COM	478160104	4,109	40,000	SH	Put	DFND		40,000	0	0
JOHNSON & JOHNSON	COM	478160104	2,671	26,000	SH		DFND		26,000	0	0
KAYNE ANDERSON MLP INVT CO	COM	486606106	106	6,150	SH		DFND	1	6,150	0	0
KAYNE ANDERSON MLP INVT CO	COM	486606106	162	9,378	SH		DFND		9,378	0	0
KINDER MORGAN INC DEL	*W EXP 05/25/201	49456B119	9	157,033	SH		DFND	1	157,033	0	0
KINDER MORGAN INC DEL	*W EXP 05/25/201	49456B119	10	168,300	SH		DFND		168,300	0	0
KINDER MORGAN INC DEL	COM	49456B101	37	2,500	SH	Put	DFND	1	2,500	0	0
KINDER MORGAN INC DEL	COM	49456B101	25	1,683	SH		DFND	1	1,683	0	0
KINDER MORGAN INC DEL	COM	49456B101	19	1,269	SH		DFND		1,269	0	0
KINDRED HEALTHCARE INC	COM	494580103	25	2,100	SH	Call	DFND	1	2,100	0	0
KINDRED HEALTHCARE INC	COM	494580103	143	12,000	SH	Put	DFND	1	12,000	0	0
KINDRED HEALTHCARE INC	COM	494580103	45	3,800	SH		DFND	1	3,800	0	0
KITOV PHARMACEUTICALS HLDGS	*W EXP 11/20/202	49803V115	98	191,770	SH		DFND	1	191,770	0	0
LIBERTY MEDIA CORP DELAWARE	COM SER C	531229300	795	20,883	SH		DFND	1	20,883	0	0
LIBERTY MEDIA CORP DELAWARE	COM SER C	531229300	461	12,111	SH		DFND		12,111	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	658	21,684	SH		DFND	1	21,684	0	0
LIBERTY TRIPADVISOR HLDGS IN	COM SER A	531465102	396	13,059	SH		DFND		13,059	0	0
LINDBLAD EXPEDITIONS HLDGS I	*W EXP 07/08/202	535219117	738	241,951	SH		DFND	1	241,951	0	0
LINDBLAD EXPEDITIONS HLDGS I	*W EXP 07/08/202	535219117	638	209,329	SH		DFND		209,329	0	0
LMP CAP & INCOME FD INC	COM	50208A102	278	22,450	SH		DFND	1	22,450	0	0
MADISON CVRED CALL & EQ STR	COM	557437100	75	10,163	SH		DFND	1	10,163	0	0
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	912	66,500	SH	Call	DFND	1	66,500	0	0
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	627	45,726	SH		DFND	1	45,726	0	0
MARKET VECTORS ETF TR	OIL SVCS ETF	57060U191	1,323	50,000	SH	Put	DFND		50,000	0	0
MARKET VECTORS ETF TR	OIL SVCS ETF	57060U191	622	23,500	SH		DFND		23,500	0	0
MARKET VECTORS ETF TR	RUSSIA ETF	57060U506	659	45,000	SH	Call	DFND		45,000	0	0
MARKETO INC	COM	57063L107	9,850	343,102	SH		DFND	1	343,102	0	0
MCDERMOTT INTL INC	COM	580037109	84	25,000	SH	Call	DFND	1	25,000	0	0
MEDGENICS INC	*W EXP 03/31/201	58436Q112	25	19,694	SH		DFND	1	19,694	0	0
MEDIA GEN INC NEW	COM	58441K100	24,343	1,507,324	SH		DFND	1	1,507,324	0	0
MICRON TECHNOLOGY INC	COM	595112103	871	61,500	SH	Put	DFND		61,500	0	0
MICRON TECHNOLOGY INC	COM	595112103	628	44,358	SH		DFND		44,358	0	0
MICROSOFT CORP	COM	594918104	9,709	175,000	SH	Call	DFND		175,000	0	0
MICROSOFT CORP	COM	594918104	5,975	107,700	SH	Put	DFND		107,700	0	0
MONSTER WORLDWIDE INC	NOTE 3.500%10/1	611742AB3	2,476	1,950,000	PRN		DFND	1	1,950,000	0	0
MONSTER WORLDWIDE INC	NOTE 3.500%10/1	611742AB3	6,857	5,400,000	PRN		DFND		5,400,000	0	0
MORGAN STANLEY	COM NEW	617446448	3,181	100,000	SH	Put	DFND		100,000	0	0
MORGAN STANLEY	COM NEW	617446448	993	31,204	SH		DFND		31,204	0	0
MYLAN N V	SHS EURO	N59465109	8,326	153,989	SH		DFND	1	153,989	0	0
NEW AMER HIGH INCOME FD INC	COM NEW	641876800	600	78,349	SH		DFND	1	78,349	0	0
NEXSTAR BROADCASTING GROUP I	CL A	65336K103	16,700	284,500	SH		DFND	1	284,500	0	0
NEXTERA ENERGY INC	UNIT 08/31/2018	65339F846	1,912	36,195	SH		DFND	1	36,195	0	0
NEXTERA ENERGY INC	UNIT 08/31/2018	65339F846	59	1,110	SH		DFND		1,110	0	0
NUVEEN ENERGY MLP TOTL RTRNF	COM	67074U103	143	12,847	SH		DFND	1	12,847	0	0
NUVEEN ENERGY MLP TOTL RTRNF	COM	67074U103	218	19,605	SH		DFND		19,605	0	0
NVIDIA CORP	NOTE 1.000%12/0	67066GAC8	4,109	2,475,000	PRN		DFND	1	2,475,000	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	3,244	38,500	SH		DFND	1	38,500	0	0
OCULUS INNOVATIVE SCIENCES I	*W EXP 01/21/202	67575P116	87	263,234	SH		DFND	1	263,234	0	0
OFFICE DEPOT INC	COM	676220106	4,950	877,700	SH		DFND	1	877,700	0	0
OMEGA PROTEIN CORP	COM	68210P107	389	17,500	SH	Call	DFND	1	17,500	0	0
ORACLE CORP	COM	68389X105	2,740	75,000	SH	Call	DFND		75,000	0	0
ORACLE CORP	COM	68389X105	2,740	75,000	SH	Put	DFND		75,000	0	0
ORION ENGINEERED CARBONS S A	COM	L72967109	1,914	151,871	SH		DFND	1	151,871	0	0
PACE HLDGS CORP	UNIT 99/99/9999	G6865N129	459	45,000	SH		DFND	1	45,000	0	0
PARTNERRE LTD	COM	G6852T105	398	2,850	SH		DFND	1	2,850	0	0
PARTY CITY HOLDCO INC	COM	702149105	3,038	235,284	SH		DFND	1	235,284	0	0
PEPSICO INC	COM	713448108	2,898	29,000	SH	Put	DFND		29,000	0	0
PEPSICO INC	COM	713448108	1,371	13,720	SH		DFND		13,720	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	170	50,000	SH		DFND		50,000	0	0
PFIZER INC	COM	717081103	7,747	240,000	SH	Call	DFND		240,000	0	0
PFIZER INC	COM	717081103	2,421	75,000	SH	Put	DFND		75,000	0	0
PFIZER INC	COM	717081103	290	8,970	SH		DFND		8,970	0	0
PIMCO ETF TR	TTL RTN ACTV ETF	72201R775	2,376	22,800	SH	Call	DFND	1	22,800	0	0
PINNACLE FOODS INC DEL	COM	72348P104	11,670	274,845	SH		DFND	1	274,845	0	0
PLANET FITNESS INC	CL A	72703H101	2,036	130,254	SH		DFND	1	130,254	0	0
PNC FINL SVCS GROUP INC	*W EXP 12/31/201	693475121	1,395	48,600	SH		DFND	1	48,600	0	0
PNC FINL SVCS GROUP INC	*W EXP 12/31/201	693475121	3,173	110,502	SH		DFND		110,502	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	13,075	116,891	SH		DFND		116,891	0	0
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	15,377	599,500	SH	Call	DFND	1	599,500	0	0
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	17,193	670,300	SH	Put	DFND	1	670,300	0	0
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	9	339	SH		DFND	1	339	0	0
PRECISION CASTPARTS CORP	COM	740189105	426	1,835	SH		DFND	1	1,835	0	0
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	1,185	26,900	SH	Call	DFND	1	26,900	0	0
PROSHARES TR	ULT FTSE CHIN 50	74347X880	3,206	66,300	SH	Put	DFND		66,300	0	0
PROSHARES TR	ULT FTSE CHIN 50	74347X880	100	2,074	SH		DFND		2,074	0	0
PROSHARES TR II	SHT VIX ST TRM	74347W627	1,614	32,000	SH	Call	DFND	1	32,000	0	0
QIHOO 360 TECHNOLOGY CO LTD	ADS	74734M109	1,900	26,100	SH	Put	DFND	1	26,100	0	0
QIHOO 360 TECHNOLOGY CO LTD	ADS	74734M109	466	6,400	SH		DFND	1	6,400	0	0
QUALCOMM INC	COM	747525103	3,999	80,000	SH	Call	DFND		80,000	0	0
QUALCOMM INC	COM	747525103	2,499	50,000	SH	Put	DFND		50,000	0	0
QUALCOMM INC	COM	747525103	1,475	29,500	SH		DFND		29,500	0	0
QUINPARIO ACQUISITION CORP 2	COM	74874U101	555	57,210	SH		DFND	1	57,210	0	0
RESTORATION HARDWARE HLDGS I	COM	761283100	1,668	21,000	SH	Put	DFND	1	21,000	0	0
ROYCE MICRO-CAP TR INC	COM	780915104	449	61,863	SH		DFND	1	61,863	0	0
SANOFI	SPONSORED ADR	80105N105	225	5,283	SH		DFND	1	5,283	0	0
SANOFI	SPONSORED ADR	80105N105	512	12,000	SH		DFND		12,000	0	0
SCHLUMBERGER LTD	COM	806857108	2,790	40,000	SH	Call	DFND		40,000	0	0
SCHLUMBERGER LTD	COM	806857108	2,850	40,858	SH		DFND		40,858	0	0
SCIENTIFIC GAMES CORP	CL A	80874P109	4,782	533,100	SH	Call	DFND		533,100	0	0
SCIENTIFIC GAMES CORP	CL A	80874P109	482	53,767	SH		DFND		53,767	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	12,722	251,975	SH		DFND		251,975	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	9,048	150,000	SH	Call	DFND		150,000	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	3,016	50,000	SH	Put	DFND		50,000	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	142	5,960	SH		DFND	1	5,960	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	1,419	59,562	SH		DFND		59,562	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	1,774	41,000	SH	Call	DFND		41,000	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	1,774	41,000	SH	Put	DFND		41,000	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	192	4,473	SH		DFND	1	4,473	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	974	22,745	SH		DFND		22,745	0	0
SHIRE PLC	SPONSORED ADR	82481R106	8,303	40,500	SH		DFND	1	40,500	0	0
SILGAN HOLDINGS INC	COM	827048109	13,217	246,039	SH		DFND	1	246,039	0	0
SOLARCITY CORP	COM	83416T100	1,020	20,000	SH	Put	DFND	1	20,000	0	0
SOLERA HOLDINGS INC	COM	83421A104	449	8,188	SH		DFND	1	8,188	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	57	8,000	SH	Call	DFND	1	8,000	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	608	85,500	SH	Put	DFND	1	85,500	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	356	50,000	SH	Put	DFND		50,000	0	0
SOUTHWESTERN ENERGY CO	DEP SHS 1/20 B	845467208	1,982	107,481	SH		DFND	1	107,481	0	0
SOUTHWESTERN ENERGY CO	DEP SHS 1/20 B	845467208	1,236	67,016	SH		DFND		67,016	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	15,290	75,000	SH	Call	DFND	1	75,000	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	130,783	641,500	SH	Put	DFND	1	641,500	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	294	1,440	SH		DFND	1	1,440	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	37,512	184,000	SH	Call	DFND		184,000	0	0
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	3,811	15,000	SH	Call	DFND	1	15,000	0	0
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	5,087	150,000	SH		DFND		150,000	0	0
SPDR SERIES TRUST	S&P METALS MNG	78464A755	150	10,000	SH	Call	DFND		10,000	0	0
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	1,463	48,400	SH	Call	DFND		48,400	0	0
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	1,212	40,100	SH	Put	DFND		40,100	0	0
STERICYCLE INC	COM	858912108	362	3,000	SH	Put	DFND	1	3,000	0	0
STERICYCLE INC	COM	858912108	31	257	SH		DFND		257	0	0
STERICYCLE INC	DEP PFD A 1/10	858912207	2,426	26,577	SH		DFND	1	26,577	0	0
SUNEDISON INC	COM	86732Y109	69	13,600	SH	Put	DFND	1	13,600	0	0
SUNEDISON INC	COM	86732Y109	67	13,150	SH		DFND	1	13,150	0	0
SUNTRUST BKS INC	*W EXP 11/14/201	867914111	1,309	228,002	SH		DFND	1	228,002	0	0
SUNTRUST BKS INC	*W EXP 11/14/201	867914111	1,368	238,312	SH		DFND		238,312	0	0
SWISS HELVETIA FD INC	COM	870875101	365	34,570	SH		DFND	1	34,570	0	0
SYNCHRONY FINL	COM	87165B103	13,295	437,200	SH		DFND	1	437,200	0	0
SYSCO CORP	COM	871829107	6,585	160,600	SH	Put	DFND		160,600	0	0
T MOBILE US INC	CONV PFD SER A	872590203	778	11,497	SH		DFND	1	11,497	0	0
TAKE-TWO INTERACTIVE SOFTWAR	NOTE 1.000% 7/0	874054AD1	667	400,000	PRN		DFND	1	400,000	0	0
TARGET CORP	COM	87612E106	5,207	71,713	SH		DFND		71,713	0	0
TCF FINL CORP	*W EXP 11/14/201	872275128	643	306,000	SH		DFND	1	306,000	0	0
TERRAPIN 3 ACQUISITION CORP	COM CL A	88104P104	466	47,286	SH		DFND	1	47,286	0	0
TESLA MTRS INC	NOTE 1.500% 6/0	88160RAA9	2,742	1,400,000	PRN		DFND	1	1,400,000	0	0
TIME WARNER CABLE INC	COM	88732J207	11,971	64,500	SH	Call	DFND	1	64,500	0	0
TIME WARNER CABLE INC	COM	88732J207	4,909	26,453	SH		DFND	1	26,453	0	0
TORTOISE ENERGY INDEPENDENC	COM	89148K101	171	15,163	SH		DFND	1	15,163	0	0
TORTOISE PIPELINE & ENERGY F	COM	89148H108	178	12,279	SH		DFND	1	12,279	0	0
TORTOISE PIPELINE & ENERGY F	COM	89148H108	106	7,306	SH		DFND		7,306	0	0
TYSON FOODS INC	CL A	902494103	160	3,000	SH	Put	DFND	1	3,000	0	0
TYSON FOODS INC	UNIT 99/99/9999	902494301	2,483	40,945	SH		DFND	1	40,945	0	0
TYSON FOODS INC	UNIT 99/99/9999	902494301	25	404	SH		DFND		404	0	0
UBS AG LONDON BRH	ETRACS MTH 2XLV	90270L842	763	49,735	SH		DFND	1	49,735	0	0
UBS AG LONDON BRH	ETRACS MTH 2XLV	90270L842	1,306	85,111	SH		DFND		85,111	0	0
UNITED CONTL HLDGS INC	COM	910047109	2,865	50,000	SH	Call	DFND		50,000	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	14,040	145,900	SH	Call	DFND		145,900	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	14,040	145,900	SH	Put	DFND		145,900	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	707	10,000	SH	Call	DFND	1	10,000	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	3,536	50,000	SH	Put	DFND		50,000	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	290	4,100	SH		DFND		4,100	0	0
VALLEY NATL BANCORP	*W EXP 11/14/201	919794131	30	198,681	SH		DFND	1	198,681	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	275	3,400	SH	Put	DFND	1	3,400	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	745	9,230	SH		DFND	1	9,230	0	0
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	6,699	51,900	SH	Call	DFND	1	51,900	0	0
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	7,886	61,100	SH	Call	DFND		61,100	0	0
WAL-MART STORES INC	COM	931142103	19,726	321,800	SH	Call	DFND	1	321,800	0	0
WAL-MART STORES INC	COM	931142103	10,924	178,200	SH	Call	DFND		178,200	0	0
WASHINGTON FED INC	*W EXP 11/14/201	938824117	826	119,727	SH		DFND	1	119,727	0	0
WEIGHT WATCHERS INTL INC NEW	COM	948626106	22,800	1,000,000	SH	Put	DFND		1,000,000	0	0
WEIGHT WATCHERS INTL INC NEW	COM	948626106	131	5,750	SH		DFND		5,750	0	0
WELLS FARGO & CO NEW	*W EXP 10/28/201	949746119	18	900	SH		DFND	1	900	0	0
WELLS FARGO & CO NEW	*W EXP 10/28/201	949746119	458	22,361	SH		DFND		22,361	0	0
WELLS FARGO GLOBAL DIVIDEND	COM	94987C103	382	64,493	SH		DFND	1	64,493	0	0
WESTERN ASSET CLYM INFL OPP	COM	95766R104	559	54,318	SH		DFND	1	54,318	0	0
WESTERN ASSET CLYM INFL SEC	COM SH BEN INT	95766Q106	169	16,001	SH		DFND	1	16,001	0	0
WISDOMTREE TR	INDIA ERNGS FD	97717W422	918	46,200	SH	Put	DFND	1	46,200	0	0
WISDOMTREE TR	INDIA ERNGS FD	97717W422	29	1,458	SH		DFND	1	1,458	0	0
WISDOMTREE TR	INDIA ERNGS FD	97717W422	11,777	593,000	SH	Put	DFND		593,000	0	0
WL ROSS HLDG CORP	COM SHS	92939D104	1,675	168,190	SH		DFND	1	168,190	0	0
XPO LOGISTICS INC	COM	983793100	4,894	179,599	SH		DFND	1	179,599	0	0
YAHOO INC	COM	984332106	14,144	425,258	SH		DFND	1	425,258	0	0
YAHOO INC	COM	984332106	1,663	50,000	SH	Call	DFND		50,000	0	0
YAHOO INC	COM	984332106	4,420	132,900	SH		DFND		132,900	0	0
YUM BRANDS INC	COM	988498101	26,941	368,800	SH	Call	DFND	1	368,800	0	0
YUM BRANDS INC	COM	988498101	10,115	138,460	SH		DFND	1	138,460	0	0
YUM BRANDS INC	COM	988498101	2,192	30,000	SH	Call	DFND		30,000	0	0
YUM BRANDS INC	COM	988498101	9,497	130,000	SH	Put	DFND		130,000	0	0
YUM BRANDS INC	COM	988498101	8,927	122,200	SH		DFND		122,200	0	0
ZAYO GROUP HLDGS INC	COM	98919V105	13,962	525,071	SH		DFND	1	525,071	0	0
ZIONS BANCORPORATION	*W EXP 05/22/202	989701115	1,635	482,336	SH		DFND	1	482,336	0	0
ZIONS BANCORPORATION	*W EXP 05/22/202	989701115	2,370	699,248	SH		DFND		699,248	0	0
ZIONS BANCORPORATION	*W EXP 11/14/201	989701131	103	49,664	SH		DFND	1	49,664	0	0
ZIONS BANCORPORATION	COM	989701107	1,428	52,300	SH	Call	DFND		52,300	0	0
ZIONS BANCORPORATION	COM	989701107	1,365	50,000	SH	Put	DFND		50,000	0	0