EFTA Document EFTA01467982

Subject: Ruble binary update on RUB strength.... [C] From: Tazia Smith a> Date: Wed, 19 Mar 2014 09:34:22 -0400 To: [email protected] Cc: Paul Morris Vinit Sahni Nav Gupta Vahe Stepanian Classification: Confidential Jeffrey - Just keeping you posted as USDRUB responds to Putin's "diplomacy"... You are down $167,000 on your USDRUB Binary, 37.595 strike for $1mm payout, european observation on 4/15. Indicative bid on the binary is $83,000, spot ref 35.91 Source: DB FX Trading, 3/1