EFTA01467861

Subject: Re: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C] From: Tazia Smith < Date: Thu, 13 Mar 2014 22:31:31 -0400 To: Vinit Sahni >, Paul Morris >, Nav Gupta < Classification: Confidential Thank you Vinit. Appreciate the global team coverage very much. I'm reorging my schedule and my broader client list/responsibilities (non-Cap Mkts) for the immediate term, until we're built-out further in the US. Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management E-mail: Original Message From: Vinit Sahni Sent: 03/13/2014 09:56 PM EDT To: Paul Morris/db/dbcom@DBAMERICAS@DBAMERICAS@DBCOEX; Nam Gupta; Tazia Smith Subject: Re: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C] Classification: Confidential Hi tazia - nav and i are out next 2-3 days lets stay on top of him, on bbva lets watch as we want to see how things trade could get very tricky. i will be on a plane to tokyo and nav on MTA. Sent jeffrey a note that next time we will quicker either way and push the execution quicker. Thanks Original Message From: Paul Morris Sent: 03/13/2014 06:53 PM EDT To: Vinit Sahni; Nam 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; Nam Gupta; Vahe Stepanian; "Jean Anne EFTA01467861 Wiebracht (jeanie)" "Rich Kahn" Subject: Trade 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 $93.5 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% Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management E-mail: EFTA01467862