EFTA01377031.pdf

From: Vahe Stepanian [email protected] Sent: 1/15/2016 3:15:07 PM To: Jeffrey Epstein orni CC: Daniel Sabba ( ; Ariane Dwyer ; Paul Morris [ Stewart Oldfield ; Richard Kahn J Subject: JPYKRW Trade Recap - 1/15/16 ICI Classification: Confidential Jeffrey — today you executed the following transactions to close out your JPYKRW forward transaction. Note your USD proceeds will be —$893k as opposed to —$840k per your email below. Offsetting JPYKRW Forward Client SOUTHERN FINANCIAL LLC BuySell Client Sells Currencyl JPY Notionall -1,094,914,611.0057 Currency2 KRW Notional2 11,540,400,000 SettlementDate Thu 04 August 2016 ForwardRate 10.54 ExpiryDate Tue 02 August 2016 Notes mid pts = 985. ex pts = 820 Present Value of Aug 2, 2016 JPY Proceeds in spot JPY PV Factor to spot = .99656 WY Settlement for VD on 1/20/2016 = 104,723,895 Southern Financial will receive $893,270.39 on settlement date, January 20th, 2016. Conversion of spot JPY proceeds to USD Client SOUTHERN FINANCIAL LLC BuySell Client Buys Currencyl USD Notionall 893,270.39787097 Currency2 JPY Notional2 -104,723,895 SettlementDate Wed 20 January 2016 ForwardRate 117.2365 Thank you, Vahe Original Message From: jeffrey E. [[email protected]] Sent: Friday, January 15, 2016 09:33 AM Pacific Standard Time To: Daniel Sabha, Richard Kahn Subject: Re: JPYKRW [C] [I] unwind 840k CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0073557 CONFIDENTIAL SDNY_GM_00219741 EFTA01377031