MARKET VECTORS ETF TR

CUSIP: 57060U506 Class: RUSSIA ETF

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 40,000 Value ($000) $585 Avg Close — Range —
Q4 2013
Shares 190,000 Value ($000) $5,485 Avg Close — Range —
Q3 2013
Shares 190,000 Value ($000) $5,354 Avg Close — Range —
Q2 2013
Shares 190,000 Value ($000) $4,780 Avg Close — Range —