EFTA01045346.pdf

From: Richard Kahn To: "Jeffrey E." <[email protected]> Subject: Fwd: Rothschild [C] Date: Tue, 23 May 2017 16:08:40 +0000 Inline-Images: image001.gif Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New Ynrk_ NY 10022 to fa cel Begin forwarded message: From: Tazia Smith <I Subject: RE: Rothschild [C] Date: May 23, 2017 at 12:06:03 PM EDT To: 'Richard Kahn' Cc: Delores Rubin >, Stewart Oldfield < >. Vahe Stepanian < >, "Matt Glassman" < >. Davide-A Sferrazza < Classification: Confidential Rich — Closing the loop on today's trading, ROTH FP closed at 28 EUR on 12,414 daily volume. DB did trade small today, - 3,000 shares, split between High Touch and Low Touch which is usually the case for this name. The big International houses generally see Low Touch business, where the boutique houses dominate the High Touch. DB has good relationship with many of these boutique shops that work High Touch orders (as yours would be), so let us know if you'd like to discuss further per my prior note about working smaller size. Speak Soon, Tazia Cell EFTA01045346 From: Tazia Smith Sent: Tuesday, May 23, 2017 6:19 AM To: Delores Rubin; 'Richard Kahn' Cc: Stewart Oldfleld; Vahe Stepanian; Matt Glassman Subject: RE: Rothschild [C] Rich - Just tried calling you. Please call Delores directly if you have follow through on this at 212-454-3300. As team relayed, DB isn't (nor are we in touch with as agent) a marker maker on a full 100k shares. But, Delores has market color and guidance on a market if you portion out that size and can help facilitate. Remember the market closes in Paris at 11:30am. Tazia Tazia Smith Key Client Partners - US Deutsche Bank Wealth Management w. c. Original Message From: Delores Rubin Sent: Tuesday, May 23, 2017 07:42 AM Eastern Standard Time To: Richard Kahn; Tazia Smith Cc: Stewart Oldfield; Vahe Stepanian; Matt Glassman Subject: RE: Rothschild [C] Hello Richard, Sorry for the delayed response. I am one of the DB traders here in the US. I have been communicating with our team overseas on your inquiry. As Tazia mentioned, Rothschild is a light trading name. Our DB Institutional desk has not had any natural flow in this stock in the past few months, but a few clients that have expressed some interest in the name so we have calls out to ascertain if we might be able to put together something. The stock is currently 27.85 EUR x 27.95 EUR with only 4,000 shares that have traded. Average volume for this stock is 17,000 shares. We will be back to shortly with more insight. Best regards, Delores Rubin Ihttp s://bra ndncui EFTA01045347 Delores Rubin Director I Wealth Management Capital Markets Equity Trading DB Securities Inc Deutsche Bank Wealth Management 345.10.54-0004 New York, NY, USA Tel. Email From: Richard Kahn rmailto: Sent: Tuesday, May 23, 2017 6:18 AM To: Tazia Smith Cc: Stewart Old ieId >; Vahe Stepanian < >; Matt Glassman Delores Rubin ica Subject: Re: Rothschild [C] Any update on bid ask for 100k Roth Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New York NY 10022 Pho Fax Cell On May 22, 2017, at 6:47 PM, Tazia Smith > wrote: Working with our counterparts in Europe. Size / liquidity could be prohibitive for a market on that size but we will be back with color. Thanks Rich, Tazia Tazia Smith Key Client Partners - US Deutsche Bank Wealth Management w Original Message From: Richard Kahn t Sent: Monday, May 22, 2017 05:26 PM Eastern Standard Time To: Tazia Smith Cc: Stewart Oldfield; Vahe Stepanian; Matt Glassman Subject: Re: Rothschild [C] thank you please forward quote once received tomorrow am thanks EFTA01045348 Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fa cell On May 22, 2017, at 2:16 PM, Tazia Smith < > wrote: Classification: Confidential You saw it closed in France at 27.585 euros, on —16k shares today. Call you now to discuss your aftermarket objectives on 100k — I'm concerned b/a is going to be wide. From: Richard Kahn fmailto: Sent: Monday, May 22, 2017 11:09 AM To: Tazia Smith Subject: Re: Rothschild [C] thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fa4 cell On May 22, 2017, at 2:07 PM, Tazia Smith < wrote: Classification: Confidential Hi Rich — Received. Reviewing. Be back From: Richard Kahn [mailto Sent: Monday, May 22, 2017 10:59 AM To: Tazia Smith Cc: Stewart Oldfield Subject: Fwd: Rothschild can you please provide bid ask as per email below thank you EFTA01045349 Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fa cell Begin forwarded message: From: Richard Kahn < > Subject: Rothschild Date: May 22, 2017 at 1:56:17 PM EDT To: Vahe Stepanian <I Cc: Stewart Oldfield > can you please provide a bid ask on 100,000 shares of: Rothschild & Co SCA EPA: ROTH - May 22, 5:35 PM GMT+2 27.58EUR0.12 (0.42%) thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fa eel 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. EFTA01045350  Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. 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. <Rothschild interday 5.22.17.pdf> 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. 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. EFTA01045351