📄 Extracted Text (388 words)
From: "Jeffrey E." <[email protected]>
To: Richard Kahn
Subject: Re: Southern Financial Margin Call
Date: Tue, 25 Aug 2015 19:14:22 +0000
shares
On Tue, Aug 25, 2015 at 2:56 PM, Richard Kahn < > wrote:
please advise if we should transfer cash or apple shares for margin call of 1,680,00
thank you
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New 22
tel
cel
Begin forwarded message:
From: Ariane Dwyer <
Subject: Southern Financial Margin Call
Date: August 25, 2015 at 2:52:32 PM EDT
To: Richard Kahn <
Cc: Darren Ind ke < >, Daniel Sabba < >, "Vahe Stepanian"
>, Paul Morris < >, "Stewart Oldfield"
Rich,
Please find attached a margin call issued for Southern Financial for $1,680,000.
The call can be primarily attributed to the EURUSD Risk Reversals which had a large change in mark-to-
market value from Friday's to Monday's close given the EURUSD decline. For additional details please find
attached Southern Financial's Valuation Statements since Friday as well as today's Exposure Statement.
Please let us know if you would like us to transfer cash from the main account to the margin account, or
alternatively, if you would like us to transfer AAPL shares.
EFTA00847885
Best,
Afi
Mane Dwyer
Analyst I Key Client Partners - US
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management
345 Park Avenue. 26
New York. NY. 10154-0004
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EFTA00847885
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