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

From: "Jeffrey E." <[email protected]> To: Richard Kahn Subject: Re: Euro Confirms [C] Date: Mon, 16 Jun 2014 22:45:49 +0000 > ok On Mon, Jun 16, 2014 at 5:32 PM, Richard Kahn < > wrote: please advise if attached confirms for euro trade below can be signed by darren From: Vahe Stepanian Subject: Re: Fwd: Valuation Statement for SOUTHERN FINANCIAL, LLC as at 6 Jun 2014 - Request 182298 [C] Date: June 9, 2014 at 8:59:28 AM EDT To: Cc: Jeanne Brennan , Tazia Smith Classification: Confidential Good Morning Rich- Hope you had a great weekend. Jeffrey bought a 1.3450 strike EURUSD put, which was funded by selling a 1.3800 strike EURUSD call. The trade was done at zero cost to him. Our view is that EURUSD will trend down over the course of the summer, moving through his put strike. Note the Sept. 8th expiry. Full trade details: TradeType FxEuroOpt BuySell Client Buys Currencyl EUR CP Put Notionall 10,000,000 Currency2 USD Notional2 -13,450,000 Strike 1.345 ZoneCut NY: 10:00 hours (Local time in New York) ExpiryDate Mon 08 September 2014 SettlementDate Wed 10 September 2014 FixingReference SPOT TradeType FxEuroOpt BuySell Client Sells Currencyl EUR CP Call EFTA00870164 Notionall -10,000,000 Cu rrency2 USD Notional2 13,800,000 Strike 1.38 ZoneCut NY: 10:00 hours (Local time in New York) ExpiryDate Mon 08 September 2014 SettlementDate Wed 10 September 2014 FixingReference SPOT Thank you, Vahe Vahe Stepanian Associate I Wealth Investment Coverage ent Tel. + Fax Mobil Email All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the Richard Kahn Begin forwarded message: From: Vahe Stepanian < Subject: Euro Confirms [C] Date: June 13. 2014 at 8.36:07 AM EDT To: Cc: Amanda Kirby EFTA00870165 Classification: Confidential Hi Rich- Please find attached for signature. These can be signed by Darren or Jeanne as POA. Thank you, Vahe Vahe Stepanian Associate I Wealth Investment Coverage Tel Fax Mobi 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 govern. 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 EFTA00870166 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 EFTA00870167