EFTA01462081

From: Tazia Smith Sent: 8/11/2014 6:34:20 PM To: Uzair Azieel CC: Apurva Gupta Nay Gupta oimpopmenems; Paul Morris]; Vinit Sahni ; Vahe Stepanian Subject: Re: ICI Classification: Confidential Yep, that's what I figured. Thx for confirming. DB Pricer has got uSDpcNHc 8/10/15 ATMS at 25.3bps/38.6bps on 50mm US0 notional, right in line with Jeffrey's 40bps. You mind sending through indic levels from the traders, 4 solutions Nav identified, and we'll aim to trade early AM EST. Right now, I'll pin down which time zone JE is currently in... thanks! TDs From: Uzair Ageel/db/dbcomODBEmEA To: Tazia smith/db/dbcom@dbamericas, Cc: Nav Gupta/db/dbcom@dbemea, Apurva Gupta/db/dbcomOdbapac, Paul Morris/db/dbcom@dbamericas, Vinit Sahni/db/dbcom0dbemea Date: 08/11/2014 06:19 PM Subject: Re: Cc] Hi, CNH trades about 6bn a day and a large proportion of the flow is global macro guys so liquidity in London hours is rarely an issue - I've traded clips of S0mn in London afternoon without any issues. Rgds, Uzair sent from my iPad On 11 Aug 2014, at 22:48, "Tazia smith" amisiolelise wrote: Classification: Confidential Perfect Nay - thanks guys! and i'll use Pricer too. Most liquid time to trade? thinking we do want to go through London, or is liquidity that much better asia hrs? let me know, thx! TDS CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 124446 CONFIDENTIAL SDNY_GM_00270630 EFTA01462081