EFTA Document EFTA01453630

From: Tazia Smith Sent: 4/3/2014 10:37:11 AM To: [email protected] CC: Paul Morris Subject: Re: Commodities Trader Ill Attachments: 182298_20140402_20140403_1.pdf Classification: For internal use only Vahe Stepanian Jeffrey - we tried you on a few different lines. Matt's direct again if you want to just talk with him. On the FX front - your USDRUB binary has 7 trading days of time value left in it. Know you're well aware, but the 5257k premium looking to expire worthless. You're 102.5 VY call is leaking time value - matures 5115, so want to keep that front of mind as the yen is favorably weakening vs. the dollar here. We have you plugged into US FX trader (212-454-8865, Caleb David) and, in addition to Nav and Vinit in London, finalizing the trader connection in Europe for you - as of now, you can speak direct with Roger Posch, +41(58)111-5146, but I need to be on the line for licensing purposes. Speak with you soon, Tazia As of 4/2/14 live Description Trade Date Expiration Notional Cost Basis mrm• 'Arm* PA USDJPY Triple One-Touch 101 Call 11/21/2013 11/20/2014 1,000,000 USD. 5 $ 17,745 $ 17,745 USDJPY 102.5 Call 1/31/2014 5/15/2014 10,000,000 USD $190,000 $ 164,925 $ (25,075) USDRUB 37395 Binary 3/13/2014 4/14/2014 1,000,000 USD $257,000 $ 16,721 $ (240,279) $ 81,079 Jun14 WTI 101/93.50 Risk Reversal 3/13/2014 5/19/2014 100,000 bbls $ - $ 81,079 $ 280,469 $ (166,531) 5447,000 * Not a bid/offer. Mid Mark-to-Market as reported on client's OB Valuation Statement. Closed Description Initial Trade Date Unwind Trade Date Cost Basis Unwind Value P/L USDCAD RKI Call Spread 1/17/2014 3/5/2014 $109,995 $ 115,000 $ 5,005 $ 5,005 Tazia Smith CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 111363 CONFIDENTIAL SDNY_GM_00257547 EFTA01453630