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usdcad up (Nay Gupta, 03/05/2014)
Title Matchefta-efta01452854
Case Filesd-10-EFTA01452854Dept. of Justiceusdcad up (Nay Gupta, 03/05/2014)
March 5, 20141p
Case File
sd-10-EFTA01452854Dept. of Justiceusdcad up (Nay Gupta, 03/05/2014)
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Consider unwinding your cad trade. See may's comments below, but essentially higher energy prices and outflows of short CAD are expected to provide support/remove downward pressure on the currency. You paid 1109k for your reverse knock-in call spread. Indicative unwind level today is 5136k (source: DB WM FX Tading, 3/5/14). Consider taking the 127k gain. Tazia Smith Director Key client Partners - US Deutsche Bank securities, Inc. Deutsche Asset & wealth mana ement Original Message
Date
March 5, 2014
Source
Dept. of Justice
Reference
sd-10-EFTA01452854
Pages
1
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0
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