EFTA00635431.pdf

From: Tazia Smith To: [email protected] Cc: Richard Kahn Subject: Re: FX Indicative Levels [C] Date: Tue, 02 Sep 2014 16:35:24 +0000 Inline-Images: unnamed; unnamed(1); unnamed(2); unnamed(3) Classification: Confidential Got it Jeffrey - Given time since this morning, refreshed levels here to confirm you still want to unwind both the EURUSD risk reversal and the USDCNH put. Tightened USDCNH as much as possible with DB FX trading: EURUSD Spot Ref: 1.3127 <Client> sells Put, buys Call on EUR/USD in a Risk Reversal Put Strike: 1.345 Call Strike: 1.38 Notional: EUR 10,000,000 EUR Expiry: Mon 08-Sep-2014 Settlement: Wed 10-Sep-2014 ZoneCut: NY Premium: USD -322,700:5,100 (-317,600) ($317,600/$328,300) Premium Date: Thu 04-Sep-2014 Client receives $317,600 (+317,600 p11) Source: DB FX Pricer 914114 USDCNH Spot Ref: 6.1533 Leg 2: European Option Put <Client> sells European USD Put on USD/CNH Strike: 6.16 Notional: USD 75,000,000 Expiry: Wed 12-Aug-2015 Settlement: Fri 14-Aug-2015 ZoneCut: TK Premium: USD -205,000 ($205,000/$265,000) Premium Date: Thu 04-Sep-2014 Client receives $205,000 (-$68,000 p11) Source: DB FX Trading 9/4/14 Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset 8 Wealth Management 305 ParkAvenue, 10154-0004 New York, NY, USA Tel. +1(212)450-2889 EFTA00635431 Fax +1(646)257-3131 Mobileall•r74107 Email Panic k417 Perform, Front "Jeffrey E." [email protected]> To: Richard Kahn •(. :>, Tazia Smith/dbklbcom©DBAMERICAS. Dale: 09/02/2014 12:11 PM Subject: Re: FX Indicative Levels [CI sell both positions On Tue, Sep 2, 2014 at 11:06 AM, Richard Kahn wrote: Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 t Begin forwarded message: From: Tazia Smith Subject: FX Indicative Levels ICI Date: Se tember 2, 2014 at 8:52:18 AM EDT To: Cc: Paul Morris , Vahe Stepanian < Classification: Confidential Indicative levels, subject to market movement. Source: DB FX Pricer, 9/2/14. EURUSD Spot Ref: 1.312 <Client> sells Put, buys Call on EUR/USD in a Risk Reversal Put Strike: 1.345 Call Strike: 1.38 Notional: EUR 10,000,000 EUR Expiry: Mon 08-Sep-2014 Settlement: Wed 10-Sep-2014 ZoneCut: NY EFTA00635432 Premium: USD -329,800:5,100 (-324,700) Premium Date: Thu 04-Sep-2014 Client Receives $324,700 (+$324,700 p/I) USDCNH Spot Ref: 6.152 Leg 2: European Option Put <Client> sells European USD Put on USD/CNH Strike: 6.16 Notional: USD 75,000,000 Expiry: Wed 12-Aug-2015 Settlement: Fri 14-Aug-2015 ZoneCut: TK Premium: USD -186,000 (.248%/.345%) Premium Date: Thu 04-Sep-2014 Client Receives $186,000 (-$87,000 p/I) Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset & Wealth Management 345 ini neat New York, NY, USA Tel. Fax Mo Erna Pagg-ift,-fer Porforent 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. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for EFTA00635433 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 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. ➢eutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA00635434