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: July 31, 2015
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
SPDR S&P 500 ETF COM 78462F103 94,871,901 127,043 SH SOLE 127,043 0 0
READY CAPITAL CORP COM 75574U101 2,185,755 1,249,003 SH SOLE 1,249,003 0 0
ISHARES NATIONAL MUNI BOND E COM 464288414 1,614,300 15,000 SH SOLE 15,000 0 0
ISHARES IBOXX USD HIGH YELD COM 464288513 1,199,550 15,000 SH SOLE 15,000 0 0
VANECK HIGH YIELD MUNI ETF COM 92189H409 1,081,710 21,000 SH SOLE 21,000 0 0
PROSHARES SHORT VIX ST FUTUR COM 74347W130 959,105 16,750 SH SOLE 16,750 0 0
-1X SHORT VIX FUTURES ETF COM 92891H101 951,200 40,000 SH SOLE 40,000 0 0
NUVEEN AMT-FR QLTY MUNI INC COM 670657105 739,620 63,000 SH SOLE 63,000 0 0
NUVEEN DIV ADVNTG MUN FD 3 COM 67070X101 570,600 45,000 SH SOLE 45,000 0 0
NUVEEN QUALITY MUNICIPAL INC COM 67066V101 436,320 36,000 SH SOLE 36,000 0 0
PROSHARES ULTRASHORT S&P500 COM 74350P667 432,212 7,600 SH SOLE 7,600 0 0
NUVEEN AMT-FR MUNI CRDT COM 67071L106 345,600 27,000 SH SOLE 27,000 0 0
2X LONG VIX FUTURES ETF COM 92891H606 333,720 108,000 SH SOLE 108,000 0 0
ISHARES BROAD USD HIGH YIELD COM 46435U853 333,180 9,000 SH SOLE 9,000 0 0
PROSHARES ULTRA VIX ST FUTUR COM 74347Y680 280,759 11,280 SH SOLE 11,280 0 0
PROSH ULTRAPRO SHORT S&P 500 COM 74350P659 270,611 7,300 SH SOLE 7,300 0 0
VIOMI TECHNOLOGY CO LTD-ADR COM 92762J103 257,667 329,497 SH SOLE 329,497 0 0
STAR HOLDINGS COM 85512G106 217,385 23,810 SH SOLE 23,810 0 0
QFIN HOLDINGS INC-ADR COM 88557W101 207,111 13,100 SH SOLE 13,100 0 0
LUFAX HOLDING LTD COM 54975P201 199,292 150,979 SH SOLE 150,979 0 0
MAGAL SECURITY SYS COM 53656G498 192,900 3,000 SH SOLE 3,000 0 0
ELI LILLY & CO COM 532457108 191,909 160 SH SOLE 160 0 0
FINVOLUTION GROUP-ADR COM 31810T101 185,852 38,800 SH SOLE 38,800 0 0
VISA INC-CLASS A SHARES COM 92826C839 171,545 500 SH SOLE 500 0 0
ZHIHU INC - ADR COM 98955N207 168,538 53,846 SH SOLE 53,846 0 0
YUANBAO INC -ADR COM 987910106 159,852 10,489 SH SOLE 10,489 0 0
JSC KASPI.KZ ADR COM 48581R205 159,418 1,840 SH SOLE 1,840 0 0
PROSHARES SHORT S&P500 COM 74349Y753 158,496 4,800 SH SOLE 4,800 0 0
SS SPDR S&P BIOTECH ETF COM 78464A870 158,250 1,000 SH SOLE 1,000 0 0
BRASKEM S A COM 105532105 154,630 63,373 SH SOLE 63,373 0 0
GEOPARK LTD COM G38327105 142,870 15,700 SH SOLE 15,700 0 0
OMS ENERGY TECHNOLOGIES INC COM G6755S105 142,735 36,978 SH SOLE 36,978 0 0
CITIGROUP INC COM 172967424 139,960 1,000 SH SOLE 1,000 0 0
WESTERN UNION CO COM 959802109 138,338 17,966 SH SOLE 17,966 0 0
X FINANCIAL-ADR COM 98372W202 134,736 27,838 SH SOLE 27,838 0 0
PETROLEO BRASIL COM 71654V408 134,688 9,200 SH SOLE 9,200 0 0
JIAYIN GROUP INC-ADR COM 47737C104 118,375 41,390 SH SOLE 41,390 0 0
VIPSHOP HOLDINGS LTD - ADR COM 92763W103 116,688 8,800 SH SOLE 8,800 0 0
MICROSOFT CORP COM 594918104 111,906 300 SH SOLE 300 0 0
YIREN DIGITAL LTD - SPS ADR COM 98585L100 110,310 131,997 SH SOLE 131,997 0 0
PAYPAL HOLDINGS INC COM 70450Y103 107,950 2,500 SH SOLE 2,500 0 0
NOAH HOLDINGS LTD-SPON ADS COM 65487X102 104,895 10,500 SH SOLE 10,500 0 0
PROSHARES ULTRAPRO SHORT QQQ COM 74350P675 101,668 2,800 SH SOLE 2,800 0 0
BUMBLE INC-A COM 12047B105 91,520 28,600 SH SOLE 28,600 0 0
GRAFTECH INTERNATIONAL LTD COM 384313607 68,550 11,599 SH SOLE 11,599 0 0
SASOL COM 803866300 67,758 6,900 SH SOLE 6,900 0 0
JOYY INC-ADR COM 46591M109 63,350 960 SH SOLE 960 0 0
ECOPETROL SA COM 279158109 58,384 4,100 SH SOLE 4,100 0 0
Vale (ADR) COM 91912E105 55,648 3,700 SH SOLE 3,700 0 0
PDD HOLDINGS INC COM 722304102 53,396 700 SH SOLE 700 0 0
INTEL CORP COM 458140100 50,267 360 SH SOLE 360 0 0
SANDISK COM 80004C200 50,022 22 SH SOLE 22 0 0
CATERPILLAR INC COM 149123101 47,921 45 SH SOLE 45 0 0
MICRON TECHNOLOGY INC COM 595112103 46,172 40 SH SOLE 40 0 0
DRXN DLY S&P BT BL 3X ETF-UI COM 25460G120 40,894 140 SH SOLE 140 0 0
HELLO GROUP INC COM 423403104 26,100 4,500 SH SOLE 4,500 0 0
XUNLEI LTD-ADR COM 98419E108 24,059 4,300 SH SOLE 4,300 0 0
FUELCELL ENERGY COM 35952H700 21,606 600 SH SOLE 600 0 0
AC MOORE ARTS COM 00108J109 21,571 170 SH SOLE 170 0 0
COHERENT COM 19247G107 11,834 30 SH SOLE 30 0 0