EFTA01427885.pdf

Subject: RE: Southern Financial outstanding FX OTC trade [C] [I] From: Martin Zeman Date: Wed, 19 Dec 2 To: Stewart Oldfielde> Cc: Zbynek Kozelsky Classification: For internal use only Yes. Paul bought a EUR denominated bond and so he did an FX swap to effectively gain a USD exposure and pick up extra yield. Can be unwound anytime and very easy to do. Call me before you speak to them please. From: Stewart Oldfield Sent: Wednesday, December 19, 2018 10:43 AM To: Martin Zeman Cc: Zbynek Kozelsky Subject: Re: Southern inancia outstan ing X OTC trade [C] Thanks. Just a delta one trade? I plan to talk to them this afternoon if I can Stewart Oldfield, CFA, CAIA Director Deutsche Bank Trust Company Americas Deutsche Bank Wealth Management EFTA01427885 345 Park Avenue, New York, NY 10154 Email Securities offered through Deutsche Bank Securities Inc. On Dec 19, 2018, at 9:37 AM, Martin Zeman wrote: Classification: Confidential Guys — Southern Financial has an FX swap on the books until August 2019. See below trade confirmation from a few months ago. It's EUR 2,610,175 until 6 Aug 2019. From: Liam Osullivan Sent: Wednesday, September 12, 2018 10:28 AM To: 'Paul Barrett' < 'Richard Kahn' Cc: Davide-A Sferrazza Martin Zeman Xavier Avila Stewart Oldfield Subject: Trade Details -- 09/12/2018 [C] EFTA01427886 Classification: Confidential Paul, In SFLLC: Bought 2,500m COFP 4.407 08/06/19 at 100.06 Trade Type FxSwap Executed At 12-Sep-2018 13:19:27 GMT Client Name SOUTHERN FINANCIAL LLC DB Legal Entity DB AG London Client Buy/Sell B/S CCY Pair EURUSD Near Notional EUR 2,513,272.12 EFTA01427887 Near Other Notional USD -2,915,395.66 Near Rate 1.160000 Near Value Date 14-Sep-2018 Far Notional EUR -2,610,175.00 Far Other Notional USD 3,111,328.60 Far Rate 1.192000 Far Value Date 06-Aug-2019 Swap Points 320.00 Spot Reference 1.15979 EFTA01427888 Notes DF Mid 333.60 Thank you, Liam <image001.gif> Liam O'Sullivan AVP I Key Client Partners - US DB Securities Inc Deutsche Bank Wealth Management w York, NY, USA Prepared on 09/12/2018 Source: Pershing NetX 360 Unofficial trade confirmations use information from sources that the firm believes to be reliable, but Deutsche Bank Securities Inc. cannot guarantee the accuracy of this information, or the reliability of these sources. Please refer to your official account statements and confirmations for all trade information. KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the FINRA Rule 4512(C)(3), and who are capable of evaluating the strategies, characteristics and investment risks of, and exercising independent judgment in evaluating, the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of DBSI or its affiliates prior to execution, and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deutsche Bank. Key Client Partners (KCP) products, investment ideas and solutions and related matters discussed herein are provided for discussion purposes only, and strictly on a non-advisory basis. The KCP Americas desk does not provide investment advice. The information set forth herein is confidential and personal to you and is being presented for your information and for discussion purposes only. Any reproduction and/or redistribution thereof (in EFTA01427889 whole or in part) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of DBSI or any of its affiliates. EFTA01427890