EFTA00711211.pdf

From: Vahe Stepanian < To: Jeffrey Epstein <jecvacation(4:gmail.com> CC: Paul Morris < , Daniel Sabba , Ariane Dwyer Richard Kahn Subject: Short EURAJSD Trades [C] Date: Mon, 06 Apr 2015 17:51:25 +0000 Classification: Confidential Jeffrey- would it make sense to revisit your bearish EUR view on the back of Friday's weak NFP? We priced up three alternatives: Spot ref = 1.0990 1) Buy European Digital Put Option on EUR/USD Strike: 1.00 Payout: USD 1,000,000 Payout Ccy: USD Expiry: Tue 06-Oct-2015 (6m) Premium Offer: USD 135,000 (mid: $115,000) 2) Buy European Put Option on EUR/USD Strike: 1.1050 Notional: EUR 10,000,000 Expiry: Wed 06-Apr-2016 (1y) Premium Offer: USD 460,000 (mid: $442,500) 3) Buy EUR/USD Put sell EUR/USD call in a premium neutral Risk Reversal Put Strike: 1.0500 Call Strike: 1.1675 Notional: EUR 10,000,000 EUR Expiry: Thu 06-Apr-2017 (2y) Structure mid: USD -33,000 Thank you, Vahe Vahe Stepanian Assistant Vice President I Key Client Partners Deutsche Bank Securities Inc. Email All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement, and therefore the official trade confirmation(s) and account EFTA00711211 statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. 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. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA00711212