From: Tazia Smith

From: Tazia Smith To: jeevacationggmail.com Cc: , Nay Gupta Paul Morris , Vahe Stepanian Subject: Re: EURUSD lower, consider taking gain on risk reversal [C] Date: Tue, 22 Jul 2014 12:46:11 +0000 Inline-Images: unnamed; unnamed(1) Classification: Confidential Understood, sitting tight. From: To: Dale: Subject: 07122/2014 08:43 AM Re: EURUSD lower, consider taking gain on risk reversal (C) let it run On Tue, Jul 22, 2014 at 8:29 AM, Tazia Smith < > wrote: Classification: Confidential Jeffrey - Consider taking the gain on your EURUSD risk reversal —$67,300 USD. Indicative level only, EURUSD moving your way as I'm typing. Below is indicative two-way market on each leg: Spot ref 1.3484 Leg 1: European Option Put <Client> sells European EUR Put on EUR/USD Strike: 1.345 Notional: EUR 10,000,000 Expiry: Mon 08-Sep-2014 Settlement: Wed 10-Sep-2014 ZoneCut: NY Premium: USD 78,200/82,500 Premium Date: Thu 24-Jul-2014 EFTA01199352 Leg 2: European Option Call <Client> buys European EUR Call on EUR/USD Strike: 1.38 Notional: EUR 10,000,000 Expiry: Mon 08-Sep-2014 Settlement: Wed 10-Sep-2014 ZoneCut: NY Premium: USD 6,900/10,900 Premium Date: Thu 24-Jul-2014 INDICATIVE LEVELS ONLY - subject to market movement. Source DB AWM FX, 7/22/14. Tazia Smith Director I Key Client Partners - US DB Securities Inc nat .-1. A PP N/ndnk RA ksreitrwityPerforit 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 EFTA01199353 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. EFTA01199354