From: "Jeffrey E." <jeevacation®gmail.com>

From: "Jeffrey E." <jeevacation®gmail.com> To: Daniel Sabba Subject: Re: Copper [C] Date: Fri, 16 Jan 2015 16:33:36 +0000 daniel call me twitter , total return swap sell leaps against? On Thu, Jan 15, 2015 at 12:12 PM, Daniel Sabba < wrote: Classification: Confidential Jeffrey - there are a lot of bullish OTC trades being circulated now. Contacts in the physical business are bearish short to medium term. We haven't personally formed a directional view, but wanted to check what yours is. Daniel 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 jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00866446