EFTA01453208

From: Tazia Smith Sent: 3/13/2014 7:34:41 PM To: Paul Morris Subject: Re: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal ICI classification: confidential Just off from call with Caroline. changes in desk structure escalated and I'm getting on a train tonight. Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York, NY 10154 Tel: Mobile: Fax: (646) 257-3131 E-mail: Original Message From: Paul Morris Sent: 03/13/2014 06:53 PM EDT To: Vinit Sahni; Nav Gupta; Tazia Smith Subject: Fw: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C] Classification: Confidential He mentioned this trade in our mtg yesterday, next time we need to show him the trades faster, if any uncertainty just call him, he's not happy original Message From: Tazia Smith Sent: 03/13/2014 06:01 PM EDT To: "jeffrey epstein" <[email protected]> cc: Paul Morris; vinit sahni• Nay Gupta; vahe Stepanian; "Jean Anne wiebracht ( .eanie)" ; "Rich Kahn" I> Su ject: Tra e Report 3/13/14 - WTI Zero Cost Risk Reversal [C] classification: confidential Jeffrey - As discussed, today you executed the following: Underlying: Jun14 WTI Bloomberg code: CLM4 <comdty> RMS Counterparty code: SOFL SOFL buys $101 call SOFL sells 493.5 put Premium: Zero Notional: 100,000 bbls on each leg Both legs knock out if on any day CLM4 fixes below $20/bbl. Initial Margin = 13% CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0110701 CONFIDENTIAL SDNY_GM_00256885 EFTA01453208