EFTA01462090

ITazia Smith/db/dbcom@dbamericas, I Cc: INav Gupta/db/dbcom@dbemea, Apurva Gupta/db/dbcom@dbapac, Paul Morris/db/dbcom@dbamericas, Vinit sahni/db/dbcom@dbemea Date: 1 108/11/2014 06:19 PM subject: I IRe: [C] 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 5Omn in London afternoon without any issues. Rgds, uzair sent from my iPad on 11 Aug 2014, at 22:48, "Tazia smith" arote: classification: confidential Perfect Nav - 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 <0.2AC.gif> Tazia Smith Director 1 Key Client Partners - US DB Securities Inc Deutsche Asset & wealth Management CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 124457 CONFIDENTIAL SDNY_GM_00270641 EFTA01462090