EFTA Document EFTA01399714

Subject: RE: Southern Financial Rates trades From: Xavier Avila <ffi Date: Fri, 12 Jan 2018 13:37:19 -0500 To: Todd Stevens Cc: Daniel-E Kaiser Vincenzo Maini Martin Zeman Alastair Mackinlay Good point. With Paul we have both WM and GM Accounts and an ISDA so in theory we can use both channels, i.e. KCP acting as ICG/ACO team, and KCP acting as Sales in WM accounts going through GPS. Now, 2 issues 1) If we go the GM route we pay 50% of the money to GM, and if we go the WM route we