EFTA Document EFTA01452854

Consider unwinding your cad trade. See may's comments below, but essentially higher energy prices and outflows of short CAD are expected to provide support/remove downward pressure on the currency. You paid 1109k for your reverse knock-in call spread. Indicative unwind level today is 5136k (source: DB WM FX Tading, 3/5/14). Consider taking the 127k gain. Tazia Smith Director Key client Partners - US Deutsche Bank securities, Inc. Deutsche Asset & wealth mana ement Original Message