EFTA01193819.pdf

From: Tazia Smith <1 :. To: [email protected] Cr: Nay Gupta Paul Moms • Valle Stcpaman Subject: Re: Copper (bid $275.71, +513.4k vs cost) (C) Date: Tue, 01 Jul 2014 19:08:56 +0000 Wine-Images: unnamed; unnamed(1): unnamed(2): unnamed(3): unnamcd(4): unnamed(5): unnamed(6): unnamed(7): unnamed(8): unnamed(9) Classification: Confidential Understood. thank you L-1 Tazia Smith 0rtrdy i key Clem Panne., VS 06 Seamy% Inc Dus n.Awma Ma strasiiemni ?Ande3, Perfoon I tcrn lifirVY 4revacaeontrai to ram SertIntlabcomeDOAVERICAS. Da". 07011201403;07 PIA S,..tsct Mr Copper OA $275.71, r113akvsto4plCl yes On Tue, Jul 1, 2014 at 3:06 PM, Tazia Smith •;: > wrote: Classification: Confidential thank you - work 275.71 or better? Tazia Smith Moab/ I Kay Clam Panel • US DB Semmes Inc rTo Fax Fmpl PAnien,frarfoon I tcrn °Orgy €.• trwreminnfiltrres rrmr sweSinunanboystionstEMCA.S. Da". 07010!01403:06 PM S,..tsct Fox Copper (bid 1275,71. .$13.4 vs cosilICI yes EFTA01193819 On Tue. Jul 1,2014 at 2:59 PM. Taxia Smith wrote: Classification: Confidential Jeffrey - Can we take a level ($275 or $276?) to work in London market? Liquidity opens back up starting Barn GMT/2am EST. Traders cannot take the naked risk now. 9atrisnr*Oeuemnr, 07.01,2014 02:S9PM Flo:Cgoot te13 527571. •smAk vs moll ICI Classification: Confidential Jeffrey - London and electronic mkt are both closed now, so I'm tying to convince a trader to take this so you can be done (provided it's inline). Be right back with a level for you if doable... Tazia Smith Drab. I Key Clam. Parlours .1.13 DEL Socurnas Inc OnscheAmet6 'both Ltreerrenl dr (mat Pastioi,irs Perform- FrCin .01103YE..`StaiaLalr to OM! 07,01/201402:23 PM Rix Copper 0:10 S275.71..$13.414,4 ming take it On Tue. Jul 1.2014 at 1:52 PM. Taxia Smith wrote: Classification: Confidential Jeffrey - Positive momentum behind copper (3mo currently Ma, see chart below). FYI. DB traders want to see a close above 7050 before they consider this a sustained break-out. My view: take the gains and be done. work order 4276/MT. Indicative bid and charts below (recall: you initiated your position at $265fMT. 1250 MT on 4/7/14). Spot Ref: 3m $7013/MT Bid: $275.71/MT ($344,637.50. +513,388 vs your cost). 15% Vol Mid: $285.60 ($357,000), 425,750). 15.6% Vol The above is a DB bid. I did check away (Susquehana) and they quoted same 15 vol bid, 15.5 mid. At these vols. would need to see $7025 on spot to see $280/MT on the option. or 5350k on your position. +18,750 gain. EFTA01193820 ■ last Price 7013.25 ■ Close al 04/02 ---- 6675.00 High al 01/02 08:00 7460.00 • Average 6923.33 Low Ca 03/19 12:00 6321.00 EFTA01193821 Tazia Smith Mat II% Clem Pella, •IA DBUctieluosIne DmgadwAmel6W0thitemeinW Emil ?arm. 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 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 c-mail [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. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01193822  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 c-mail to jrevacatiouftmailsgm. 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. 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 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 c-mail to jacuacatian@gmaiirstm. 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 aro not the intended recipient (or have received this ccomunication in error) please notify the sender immediately and destroy this communication. Any unauthorised copying, disclosure or distribution of the material in this ccomunication 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. EFTA01193823