EFTA Document EFTA01453859

From Nav Gupta/db/dbcom@OBEMEA To: [email protected], Cc: Joseph , Tazia Paul Vinit ■ Date 04/15/2014 07:46 AM Subj Jeffrey - latest prices with suggested sizes - Nav [C] ect: classification: confidential Jeffrey, updated prices and proposed sizes. 1. Buy 10y BTP (March2024). 10y yield is 5bp lower today. I still like eur2mm here 3.125% VTM and suggest work a soft order to add eur1.5mm at 3.25%, eur1.5mm 3.35%. 2. EURUSD spot FX is 1.3802 from 1.3827 yesterday. Suggest buying 2week vanilla 1.40c at 5-6c in EUR 50mm notional (cost EUR25-30k) 3. position for a stronger dollar by buying ly 5% OTM SPOT EURUSD binary puts at 21% of payout. suggest do half (eurSOOk payout costing 0.21*500k) now, and the other half when spot 139-140 4. nationwide coco currently 6.42% offered. I suggest scaling in £2mm on an order at 6.5% and £2mm on order at 6.75% thanks Nav From: Nay Gupta/db/dbcom To: [email protected], Cc: Vinit , Paul Tazia Date: 14/04/2014 18:17 Subjec Jeffrey - 4 trades I like - Nay [c] t: Classification: Confidential Hi Jeffrey, There hasn't been much I've really liked recently. Here are four trades - 3 I like right now and 1 for now or soon. 1) BUY lOy BTPS @ 3.16% - This is a 3-6mth 'buy the rumour sell the fact' CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 111699 CONFIDENTIAL SDNY_GM_00257883 EFTA01453859