EFTA01452892

<mime-attachment.gif> Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue. 26th ROW New York, NY 10154 <mime-attachment.gif> From. Jeffrey Epstein <jeevacationegmail.com> To' Tazia &mita Date 01/17/2014 11:15AM Subject Re: Trade Idea: Long 3-Month USDCAD KI Cal Spread -1.10 with a 1.13 sold call knocking-in only it USDCAD trades to 1.17 III i like it size? On Fri, Jan 17, 2014 at 11:48 AM, Tazia Smith <a wrote: Classification: For internal use only Jeffrey - Our US FX traders agree/like Nav's call here. The 3-month 1.10/1.13 USDCAD, 1.17 knock-in call spread (where that 1.13 short call only exists if USDCAD goes to 1.17 during the life of the trade) described below is currently offered -1.1% (Source: DB FX Sales, 1/17/14). Please see the investment thesis below and let us know your thoughts. Best, Tazia Indicative levels only. Subject to market movement. Source: DB Key Client Partners London, as of 1/17/14. --- Forwarded by Tazia Smith,a 01117,2014 10'35 AM --- From. Nay Gupta To. Date 01/17/2014 07:35 AM Subject I like buying USDCAD calls to position for further weakness in CAD. Spot FX c currertty 1.095. [I] CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 110202 CONFIDENTIAL SDNY_GM_00256386 EFTA01452892