EFTA Document EFTA01436436

Subject: GBP KO Fwd From: Xavier Avila Date: Thu, 21 Dec 2017 20:48:57 -0500 To: "Paul Barrett Cc: Martin Zeman O, Joshua Shoshan Stewart Oldfield We are currently at 1.3370 so not there on the order. A little idea to cheapen it up, we can look at variations or other ideas tomorrow. Xavi GBPUSD Spot GBPUSD 6m Fwd Buy 6m Forward Strike American Knock Out 1.3370 1.3475 1.4500 1.3340 fcid:[email protected] Xavier Avila Managing Director I Key Clients Partners Wealth Management Americas EFTA01436436 Deutsche Bank Securities Inc 345 Park Avenue, New York, NY, 10154-0004 Office +1 212 454 2892 Mobile Email Key Client Partners (KCP) Americas does not provide investment advice and the products, investment ideas and solutions and related matters discussed herein are provided for discussion purposes only, and strictly on a non- advisory basis. KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the FINRA Rule 4512(C)(3), and who are capable of evaluating the strategies, characteristics and investment risks of, and exercising independent judgment in evaluating, the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of DBSI or its affiliates prior to execution, and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deutsche Bank. The information set forth herein is confidential and personal to you and is being presented for your information and for discussion purposes only. Any reproduction and/or redistribution thereof (in whole or in part) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of DBSI or any of its affiliates. 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. Please refer to https://db.com/disclosures for additional EU corporate and regulatory disclosures. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01436437