EFTA01356963.pdf

Martin drafting a good email with rationale etc that we can distribute to management both WM and GM. Thanks From: Martin Zeman Sent: Friday, January 12, 2018 12:04 PM To: Michel Sommer <ifia>; Xavier Avila Cc: Subject: Southern Financial Rates trade details for booking II] Mike, Here is the details of the trade for booking purposes from the Wealth Management side: Counterparty Southern Financial LLC -> Summit ID = SOUTHFINANMD Client Buys Sy10y USD Rates Curve Cap Notional USD 100mio Trade Date 12 Jan 2018 Maturity Date 12 Apr 2018 Strike 0.14% Curve Sy-10y US Swap Fixing 11am USD ISDA FIX Premium USD 37,000 (Client pays $41,000) AND Client Pays Fixed in 2y Swap Notional USD 12.8mio Trade Date 12 Jan 2018 Swap Start Date 16 Jan 2018 Swap End Date 16 Jan 2020 Client Pays 2.205% with trading desk (2.2150% with counterparty) (Semi, 30/360) Client Recs 3m Libor (Q, Act/360) Please call me if something doesn't sit right. Martin CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0043224 CONFIDENTIAL SDNY_GM_00189408 EFTA01356963