EFTA Document EFTA01432606

Subject: does that work? should we add anything or take anything out? [I] From: Daniel Sabba < Date: Tue, 11 Nov 2014 09:57:33 -0500 To: Paul Morris Stewart Oldfield < Classification: For internal use only Per our agreement, we liaised with the desk head in our institutional sales and trading platform for equity derivatives and confirmed the points we discussed yesterday: - balance sheet charges are the primary driver of the price difference you observed between our quote and the one y