From: "Jeffrey E." <[email protected]>

From: "Jeffrey E." <[email protected]> To: Daniel Sabha <l , Ariane Dwyer , Paul Morris , Stewart Oldfield , Richard Kahn Cc: Vahe Ste anian Subject: Re: Call follow-ups [C] Date: Thu, 28 May 2015 21:59:06 +0000 im not sure why , but i asked for prices on each leg. that means a bid' ask, that i can execute on should i choose to.. if i were to ask for a price on ibm , would i get bid offer . ? im confused. On Thu, May 28, 2015 at 4:05 PM, Daniel Sabba < Classification: Confidential Jeffrey, wrote: Per our conversation. we wanted to follow-up on these transactions with indications. Trade 1: Bullish USDJPY Seagull Spot ref: 124.06 Notional: USD10mm Client buys: 6m USDJPY 124 / 128 call spread Client sells: 6m USDJPY put struck at 118.82 Net Premium: zero Premiums for each leg: For 124 leg: 2.655/2.735% USD For 128 leg: 1.555% USD For 118.82 leg: 1.18% USD Trade 2: Autocallables linked to SPX, RTY and SX5E We are refreshing levels with Credit Suisse - we will follow-up with indications. Best regards, EFTA00855812 Daniel Daniel Sabba Key Client Partners Deutsche Bank Securities Inc. Tel.. Mobile Email All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement, and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govem. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. 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 EFTA00855813