EFTA01470290

Subject: Re: Fw: Indicative Levels - USDCNH lyr Options [I] From: Paul Morris ‹ > Date: Tue, 12 Aug 2014 16:12:11 -0400 To: Caroline Kitidis ‹ > Classification: For internal use only maine and nantucket, probably not far enough away... u? From: To: Date: PM Caroline Kitidis/M- Paul Morris/MI- 08/12/2014 04:07 Subject: Re: Fw: Indicative Levels - USDCNH lyr Options [I] Classification: For internal use only me to, cant wait :) where u off to? Kind regards, Caroline Kitidis EFTA01470290 (Embedded image moved to file: pic01925.gif) Caroline V. Kitidis Managing Director I Head of Key Client Partners & Wealth Investment Coverage Americas Deutsche Deutsche 345 Park New York Bank Securities Inc Asset & Wealth Management Avenue, 26th Floor , NY 10154-0004 (Embedded image moved to file: pic02355.gif) From: To: Date: PM Paul Morris/M- Caroline Kitidis/IMI- 08/12/2014 04:06 Subject: Re: Fw: Indicative Levels - USDCNH lyr Options [I] Classification: For internal use only yes I'm on MTA last 2 weeks of august EFTA01470291 Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New York, NY 10154 From: To: Date: PM Caroline Kitidis/M- Paul Morris/M- 08/12/2014 03:58 Subject: Re: Fw: Indicative Levels - USDCNH lyr Options [I] Classification: For internal use only hear you - lets you and I grab lunch when Im back from MTA and review everything and discuss Daniel's onboarding. Monica will set up time Kind regards, Caroline Kitidis (Embedded image moved to file: pic05206.gif) EFTA01470292 Caroline V. Kitidis Managing Director I Head of Key Client Partners & Wealth Investment Coverage Americas Deutsche Bank Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue, 26th Floor New York, NY 10154-0004 (Embedded image moved to file: pic11226.gif) From: To: Date: PM Paul Morris/M- Caroline Kitidis/M- 08/12/2014 03:55 Subject: Re: Fw: Indicative Levels - USDCNH lyr Options [I] Classification: For internal use only Caroline, i have spared you and others all the emails about mistakes and i have taken the brunt of the complaints and managed the relationship, i have not set up the call on the put yet hence it was never set up, he's not responding sometimes because of his experience, any client would do the same, EFTA01470293 let's talk off line. Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor From: To: Cc: Date: PM Caroline Kitidis/M- Paul Morris/M- Andrew Gallivan/ 08/12/2014 03:33 Subject: Re: Fw: Indicative Levels - USDCNH lyr Options [I] Classification: For internal use only Agree - not good enough. Having said that, there are mistakes that are made and we can't nit pick each one of them. Jeffreys experience hasnt been optimal, and with the addition of new coverage, this will change. Having said that, we need to manage him better as well, has to be a better 2 way EFTA01470294 dialogue. We had a call with him last week that he canceled on Put opportunity. There are multiple times where he doesnt respond etc. So in general we need the flow to be better both ways. Kind regards, Caroline Kitidis (Embedded image moved to file: pic15927.gif) Caroline V. Kitidis Managing Director I Head of Key Client Partners & Wealth Investment Coverage Americas Deutsche Bank Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue, 26th Floor New York, NY 10154-0004 (Embedded image moved to file: pic12630.gif) From: To: Cc: Date: PM Paul Morris/III- Caroline Kitidis/ Andrew Gallivan/III- 08/12/2014 02:58 EFTA01470295 Subject: Fw: Indicative Levels - USDCNH lyr Options [I] Classification: For internal use only fyi, this is a client that is doing $75mn notional currency trades with us and we can't get the details correct, it is just embarrassing Forwarded by Paul Morris/ on 08/12/2014 02:54 PM From: "jeffrey E." <[email protected]> To: Paul Morris/ Date: AM 08/12/2014 11:17 , Richard Kahn Subject: Re: Indicative Levels - USDCNH lyr Options [C] you have got to be kidding me''''''''''' On Tue, Aug 12, 2014 at 8:52 AM, Tazia Smith < > wrote: Classification: Confidential EFTA01470296 my apologies, 36.4bps is correct, but my typo: $273k premium on $75mm USD. Be right back with report (Embedded image moved to file: pic31365.gif) Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA Tel. +1(212)454-2889 Email (Embedded image moved to file: pic05059.gif) From: "jeffrey E." <[email protected]> To: Date: AM Tazia Smith/III- 08/12/2014 10:43 Subject: Re: Indicative Levels - USDCNH lyr Options [C] that does not sound right , are you sure its on 75 milion EFTA01470297 On Tue, Aug 12, 2014 at 8:41 AM, Tazia Smith e > wrote: Classification: Confidential Jeffrey -- That' done for Southern Fnl at 36.4bps ($173,000 premium) lyr USDCNH put ATMS strike (6.16) 75mm USD notional Best Regards, Tazia From: "jeffrey E." [email protected]> To: Date: AM Tazia Smith/III- 08/12/2014 10:23 Subject: Re: Indicative Levels - USDCNH lyr Options [C] 75 million notional puts at 38 basis points On Tue, Aug 12, 2014 at 6:55 AM, Tazia Smith ea wrote: Classification: Confidential Jeffrey - EFTA01470298 USDCNH Ref: Spot 6.1604; Fwd 6.2723 (i.e. 101.82% of spot) ly ATMS (6.1604) USDCNH call: 1.041% / 2.215% ly ATMF (6.2723) USDCNH call: 1.041% / 1.190% ly ATMF / ATMF +3% call spread: 0.469% / 0.73% Strikes: 6.2723 /6.4605 ly ATMS (6.1604) USDCNH put: 0.256% / 0.38% ly ATMF (6.2723) USDCNH put: 1.007% / 1.154% Indicative levels, subject to market movement. Source: DB FX Pricer, 8/12/14 USDCNH lyr Price History (Embedded image moved to file: pic05208.gif) (Embedded image moved to file: pic28058.gif) Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA Tel. +1(212)454-2889 Email (Embedded image moved to file: pic20733.gif) This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. please note EFTA01470299 The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01470300 please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01470301