Epstein Secrets

am Osullivan 6/1/2018 11:37:11 AM Martin Zeman Stewart Oldfield • 'Paul Barrett 'Richard Kahn' I; Dav

am Osullivan 6/1/2018 11:37:11 AM Martin Zeman Stewart Oldfield • 'Paul Barrett 'Richard Kahn' I; Davide-A Sferrazza Subject: RE: CLOSEOUT -> EURUSO options trade confirmation Attachments: fax-2018-06-01-110515.pdf; fax-2018.06.01-105015.pdf; fax-2018.06.01-104718.pdf Xavier Avila Paul & Rich,

22 lam York NY M Hagler fonwnlcd mciaapA From: Stewart Oldfield Subject: SF OTC trade on the books Dat

CASINO. GUICHARD PERRACHON SA 6INIFRO01 1 301480 4.01%06106/19 REG DID 08/03/12 AC EI4I3LCNE 996200 _00.5-:000 1.14070 :Weal?. We executed a EURUSO forward (v/d 06 Aug 19) that is still on the books. MtM is $87k in favor of client, per latest valuation statement: cimage004.jpg> Southern Financ

November 28, 2017 12:42 PM To: Paul Barrett Cc: Stewart Oldfield < ; ham Osullivan < Graph 2: MXN vols

close to the highest levels since 2007 (see graph 1) • This has been driven by MXN implied volatilities trading at their highest levels relative to EURUSO volatility since the financial crisis, largely a result of concerns regarding the Mexico elections in 2018 (see graph 2) • Since 2007 the highest

C: Daniel Sabba I; Ariane Dwyer ; Paul Morris Stewart Oldfield I; Richard Kahn Subject: Re: FW: Long

E: FW: Longer Dated EUR Downside (3y structures) [C] Classification: Confidential Jeffrey — to clarify, given Southern Financial would be long a 6m EURUSO digital put and short a 6m EURUSO digital call, if at expiry: EURUSD is below 1.0750, Southern Financial would receive 100% payout (or EUR 2mm) EU