EFTA00632471.pdf

From: Richard Kahn To: "Jeffrey E." <[email protected]> Subject: Fwd: Southern Financial Margin Call Date: Tue, 25 Aug 2015 18:56:53 +0000 Attachments: ExposureStatementReport_SOUTHERN_FINANCIALLLC_(8032932)_413614_2015082. ...xls; Call_SOUTHERN_FINANCIAL,LLQ(8032932)_413614_20150825123934153.pdf; 182298 20150820 20150821_1.pdf; 182298_20150824_20150825_1.pdf Inline-Images: image001.gif; image002.gif please advise if we should transfer cash or apple shares for margin call of 1,680,00 thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 Begin forwarded message: From: Ariane Dwyer Subject: Southern Financial Margin Call Date: August 25, 2015 at 2:52:32 PM EDT To: Richard Kahn < Cc: Darren Ind ke >, Daniel Sabba < >, "Vahe Stepanian" Paul Morris < >, "Stewart Oldfield" Rich, Please find attached a margin call issued for Southern Financial for $1,680,000. The call can be primarily attributed to the EURUSD Risk Reversals which had a large change in mark-to-market value from Friday's to Monday's close given the EURUSD decline. For additional details please find attached Southern Financial's Valuation Statements since Friday as well as today's Exposure Statement. Please let us know if you would like us to transfer cash from the main account to the margin account, or alternatively, if you would like us to transfer AAPL shares. Best, Ari EFTA00632471 VJ Ariane Dwyer Analyst I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & Wealth Management 345 ParkAvenue. 26 New York NY 10154-0004 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. EFTA00632472