EFTA01193431.pdf

From: Tazia Smith To: [email protected] Cc: Nav Gupta , Paul Morris , Vahe Stepanian Subject: Ruble binary update... [C] Date: Thu, 20 Mar 2014 16:21:50 +0000 Inline-Images: unnamed; unnamed(1); unnamed(2) Classification: Confidential Jeffrey - You are down $148,000 on your USDRUB binary. It is $102,000 bid vs. 36.20 spot (that's up $19k from yesterday) 1-Month USDRUB Price History RUB 136.1907 +.2262 BGN 36.18:213 /36.1915 BGN At 12:15 0. 36.1295 Hi 36.2134 Lo 36.0355 Close 35.9645 Value 03/21/14 RLE cy ve s tine mart owed et : El Camara 4.1>, === •ec, smt- Chart ID 3D IN 6m security/Sea I Event O ?wrack 4 Old* I I I I I I I it I I .1. i I i.. I I I I I 1 1 1 I i I I I I I I l I I 36.0000 I 35.8000 • Last Pnce 36.1907" ci T High on 03/17 03:31 36.7002 I -0- Average k 36.1903' 35.6000 I 1 Low on 02/24 04:00 35.4300 I • Prey Close 135.7781 35.4000 21 24 25 26 27 28 03 04 05 06 07 10 11 12 13 14 17 18 19 20 Feb 2014 Mar 2014 From: To: [email protected]. Cc: Paul Morris. Vinit ndv Date: 03119:2014 09:34 AM Subject: Ruble binary update on RUB strength.. [C] Classification: Confidential Jeffrey - EFTA01193431 Just keeping you posted as USDRUB responds to Putin's "diplomacy"... You are down $167,000 on your USDRUB Binary, 37.595 strike for $1mm payout, european observation on 4/15. Indicative bid on the binary is $83,000, spot ref 35.91 Source: DB FX Trading, 3/19114 1 -Month USDRUB Price History ■RUB 35.9318 - .3145 BGN 35.9249 /35.9387 BGN At 9:24 0. 36.2525 Hi 36.2746 Lo 35.8938 Close 36.2463 Value 03/20/14 Line Chart - EEO IMMO II) 137npare MN= =lag SY Max 3O Mn V insecurity/se-4 m Event ofl -40- Traci? Aiihotafe riewsl O zodm 1 I. I I 1 I SLR I 36.6000 1 1 f f [ 1 [ 1 1 1 f 1 1 1 1 1 1 1 1 I I I I I 36.4000 I I I I I I 1 1 1 .1 L L I .1 ....I.. 36.2000 I I I I I I 1 1 1 1 1 1 1 1 1 F- I---- F I -I I F ! 4 4 gA Arm I I I I I I 1 1 1 1 1 -1 r I I 1 r 1 1 1 1 a• Last Price 35.9318' 35.8000 4 T High on 03/17 g3;n..30,7092„ -9-Average 36.1762. 35.6000 1 I I I I I I I I I 1 I Low on 02/24 04:00 35.4300 I l l l l 1 .I i l l l 1 • Prey Close 35.6545. 35.4000 20 21 24 25 26 27 28 03 04 05 06 07 10 11 12 13 14 17 18 19 Feb 2014 Mar 2014 1 -Year USDRUB Price History RUB -----1^, ----- -- BGN 35.9194 /35.9405 BGN 9:24 .1:.- 36.2525 36.2746 Lo 35.8938 Close 36.2463 Value 03/20/14 ave Line Char :. SD 1M . 4', yro =MO 1`, SY Max Dant& V tan II) 0:enpare Pt '. AvOs IMMIM Sg (=I" mioI Security/Se-Kb M Eve t O + Track Z Annotke - --News O, ZOom 37.0000 1 • Last Price 35.9299 a T High on 03/14/14 36.6326 . -0- Average 32.8381 35.0000 I Low on 03/22/13 30.8190 34.0000 33.0000 32.0000 31.0000 Mar Jun Dec Mar 2313 2014 — Forwarded by Tazia Smith/db/dbcom on 03/19/2014 09:23AM --- From: Tazia Smith/db/dbcom To: leffrey epstein" <ieevacationegmailcom>. Cc: e 'Vin *Paul Monis" Rich Karr < . "Jean Anne Wiebracht (jeanier Date: 03/13/2014 10:51 AM EFTA01193432 Subject: Trade Report 3/13/14 - Ruble binary (C] Classification: Confidential Jeffrey - That's done at 25.7% ($257k premium paid, $1 mm binary payout) at a strike of 37.595 USDRUB. Detail below. TradeTypeFxDigitalOpt BuySellClient Buys CurrencylUSD CPCalI Notional11,000,000 Currency2RUB Strike37.595 ZoneCutMO: 12:30 hours (Local time in Moscow) 09:30 hours London time ExpiryDateMon 14 April 2014 SenlementDateTue 15 April 2014 FixingReferenceCME/EMTA Premium257,000 PremiumTermsUSD PremiumDateFri 14 March 2014 Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York, NY 10154 Tel: Mobile: Fax: E-mail: From: Tazia Smith Sent: 03/13f2014 10:32 AM EDT To: "Jeffrey epstein" <[email protected]> Subject: Re: [C] Classification: Confidential Ok on it Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York, NY 10154 EFTA01193433 Tel: Mobile: E-mai : From: Jeffrey Epstein [[email protected]] Sent: 03/13/2014 10:15 AM AST To: Tazia Smith Subject: Re: [C] do nav trade On Thu, Mar 13, 2014 at 9:24 AM, Tazia Smith an wrote: Classification: Confidential Jeffrey - Consider the USDRUB 1-mo binary for —25.5% (very sensitive to spot, so indicative level, we'd work an order 26% or better). vanilla calls for comparison, Imth 3% OTM vanilla call is -0.57%/0.67% (12.4% / 13.25% vol) 2mth 4.25% OTM vanilla call is - 0.96%/1.08% (12.2% / 13% vol) Nay highlights the binary below, where the payout is much cleaner. Ruble weakens 3% (european observation)in this example, and payout is $1mm for $255k invested: 1-MONTH USD/RUB 3% OTM BINARY CALL costs 25.4% of payout European Digital on USD/RUB Strike: 37.55 Payout: USD 1,000,000 Payout Ccy: USD Expiry: Fri 11-Apr-2014 Settlement: Mon 14-Apr-2014 ZoneCut: MO Premium: USD 255,000 Premium Date: Fri 14-Mar-2014 This Digital pays the owner USD 1,000,000 if USDRUB is above 37.55 at the time of expiry. Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management EFTA01193434 345 Park Avenue - 26th Floor New York NY 10154 Tel: Mob' Fax: E-mail: From: Jeffrey Epstein [jeevacation® ail com Sent: 03/13/2014 08:10 AM AST To: Tazia Smith; Paul Morris ruble short . lets play 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 Jeffrey Epstein 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 e-mail to [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. 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 Jeffrey Epstein 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 e-mail to [email protected], and EFTA01193435 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. EFTA01193436