EFTA Document EFTA01479672

Subject: Re: [C] From: Tazia Smith Date: Mon, 11 Au• 2014 18:34:20 -0400 To: Uzair Ageel Cc: Apurva Gupta Nav Gupta Paul Morris < Vinit Sahni < Vahe Stepanian < Classification: Confidential Yep, that's what I figured. Thx for confirming. DB Pricer has got USDpCNHc 8/10/15 ATMS at 25.3bps/38.6bps on 50mm USD notional, right in line with Jeffrey's 40bps. You mind sending through indic levels from the traders, 4 solutions Nav identified, and we'll aim to trade early AM EST. Right now, I'll pin down which time zone JE is currently in... thanks! TDS From: To: Uzair Agee]. Tazia Smith IlieV Nay Gupta, Apurva Gupta Vinit Sahni Date: 08/11/2014 06:19 PM Subject: Re: [C] Hi, Paul MorriMi l CNH trades about 6bn a day and a large proportion of the flow is global macro guys so liquidity in London hours is rarely an issue - I've traded clips of 50mn in London afternoon without any issues. Rgds, Uzair Sent from my iPad On 11 Aug 2014, at 22:48, "Tazia Smith" < > wrote: Classification: Confidential Perfect Nav - thanks guys! and i'll use Pricer too. Most liquid time to trade? thinking we do want to go through London, or is liquidity that much better asia hrs? let me know, thx! EFTA01479672 TDS <0.2AC.gif> Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue 10154-0004 New York, NY, USA Tel. Fax Mobile Email <0.CEE.gif> Nate Gupta---08/11/2014 05:44:32 PM---Classification: Confidential From: Nav GuPta TO: ^AG Apu" "Uzair Aqeel" Cc: Tazia Smit , "Paul "VS Vinit" < Date: 08/11/2014 05:44 PM Subje Re: [C] ct: Classification: Confidential Morris" < Uzair + Apurva While Vinit and I are travelling in Zurich can u get from fx trading in the overnight session the following structures ly usdcnh atms vanilla put ly usdcnh atmf vanilla put A call spread and a put spread also ly both with one leg having atmf in it. The second strike can be a few pct away - see what makes sense from the prices Ie 4 structures The reason I'm asking for both sides (up and down) is in case the client below really wants a usdcnh call rather than the cnh call he requests. Then we are covered for all eventualities. Incl spot and fwd Let trading know size is usd50mm or less. Def check w trading don't rely on pricer for this one (but check urself on pricer) Thx Nate From: Paul Morris Sent: 08/11/2014 05:35 PM EDT To: "Jeffrey E." <[email protected]>8DEUBAINT Cc: Tazia Smith; Nate Gupta Subject: Re: [C] EFTA01479673 Classification: Confidential we will come back to you Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New York, NY 10154 Office: Cell: From: "Jeffrey E." <[email protected]> To: Tazia Smit Paul Morris Date: 08/11/2014 04:58 PM Subject lets look at 1 year remimbi call 40 basis points. good bet please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01479674