EFTA01452535.pdf

Today/Mon (and Tuesday in US due to holiday Mon) start with 1/4 positions (within that 50mm allocation) across the direct equities (healthcare, energy, financials, tech, Japan, Europe) Topix TRS - add $3.5mm usd notional via swap and indirect hedge = gives you capital efficient leverage (financing 3mL+70bps, —20% initial collateral). OR buy another Slmm of your DXJ (that position can represent your delta one allocation). Topix and DX) charts below for your convenience. Today or Tuesday: Barrier notes - if we can achieve comparable terms (vol has come in) on that eurostoxx50/russell 2k (13mo, worst of >10% contingent minimum return, uncapped upside, 80% barrier) = consider 2.5mm (leaves 2.5mm to put to work in similar return profiles in europe and us) FX = opportunistic Let me know if this is implementation strategy works, or how you'd prefer. Thanks! Tazia TOPIX lyr Price History (Embedded image moved to file: pic25414.gif) DX) lyr Price History (Embedded image moved to file: pic23404.gif) (Embedded image moved to file: pic07128.gif) Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue, 26th Floor New York. NY 10154 Tel. Fax Mobi Email (Embedded image moved to file: pic03815.gif) From: Jeffrey Epstein <[email protected]> To: Tazia Smith/db/dbcom@OBAMERICAS, Date: 02/14/2014 10:20 AM Subject: Fwd: percentages get a read from your team [C] Forwarded message From: Jeffrey Epstein <[email protected]> Date: Fri, Feb 14, 2014 at 4:13 PM Subject: Re: percentages get a read from your team [C] CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 109624 CONFIDENTIAL SDNY_GM_00255808 EFTA01452535