EFTA01453598.pdf

From: Paul Morris Sent: 4/3/201410:04:18 AM To: Matthew ()Connor CC: Tazia Smith Subject: RE: Commodities Trader III Attachments: pic15279.jpg; pic21554.jpg; pic07813.jpg; pic26344.jpg; pic11996.jpg; pic28187.jpg; pic15288.jpg; pic32449.jpg; pic02103.gif; pic12691.gif classification: For internal use only yes understood, not clear how often he is looking to trade and what volumes, will likely be adding another client or two to trade for, also not sure he has access to a bbg on regular basis given his travel schedule Paul Morris Managing Director Deutsche Rank Private Bank 345 Park Avenue, 27th Floor New ',fork MY 10154 office: Cell: From: Matthew OConnor, TO: Tazia Smith , Paul morris/ Date: 04/03/2014 09:10 AM Subject: RE: Commodities Trader [I] Classification: For internal use only I can confirm that at this level of business there is no way to justify the manual resources needed to give this guy a full pricing grid each day on 100 lots of short dated options. That said, it looks to me, that right now on BIM, the price would be .55 to unwind (DB pays him). From: Tazia smith Sent: Thursday, April 03, 2014 9:03 AM To: Paul Morris; Matthew oconnor subject: Fw: commodities Trader [I] Importance: High classification: For internal use only Paul - I know how sensitive this relationship is. Please let me know how you would like me to respond. matt - pls confirm that we cannot provide the same 'spreadsheet' output of strikes and tenors for OTC pricing. Thank you both, Tazia Forwarded by Tazia Smith/db/dbcom on 04/03/2014 09:01 AM (Embedded image moved (Embedded image moved to file: pic21554.jpg) to file: pic15279.jpg) cid:[email protected] CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 111300 CONFIDENTIAL SDNY_GM_00257484 EFTA01453598