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rated ("MO). The material is not a publication of BolA Merrill Lynch Global Research, and it has not been reviewed or approved by BolA Merrill Lynch Global Research. Arty summary of ML Research notes and reports, and/or any reference or link to &lilt Merrill Lynch Global Research notes and reports, are qualified
rdinate calls with John Egon, 8.4IVIL's Short Analytic Specialist Expected Trading Dynamics • Our understanding is that on the morning of trading, the Floor Specialist will act like a stabilizing agent normallywould (with banks advising) to help match supply and demand • The opening is likely to be very delayed as
porated PAO. The material is not a publication of BolA Merrill Lynch Global Research, and it has not been reviewed or approved by BolA Merrill Lynch Global Research. Any summary of ML Research notes and reports, and/or any reference or link to BolA Merrill Lynch Global Research notes and reports, are qualified in
coordinate calls with John Epan, BMOCs Short ArlOiyikS Specialist Expected Trading Dynamics • Our understanding is that on the morning of trading, the Floor Specialist will act Gke a stabilizing agent normally would (with banks advising) to help match supply and demand • The opening is likely to be very delayed as
epared by =ash Equity Trading of Merrill Lynch, Pierce, Fenner & Smith, =ncorporated ("ML"). The material is not a publication of BofA Merrill =ynch Global Research, and it has not been reviewed or approved by BofA =errill Lynch Global Research. Any summary of ML Research notes and =eports, and/or any reference
o coordinate calls with John Egan, BAML's =hort Analytics Specialist Expected Trading Dynamics Our understanding is that on the =orning of trading, the Floor Specialist will act like a stabilizing =gent normally would (with banks advising) to help match supply and =emand • • The opening is likely to be very =elay
Entities connected to both Global Research and the Floor Specialist

Jeffrey Epstein
PERSON
Richard Kahn
PERSONAmanda
PERSONBull/Bear Views
ORGANIZATION
BofA Merrill Lynch
ORGANIZATIONGlobal Markets
ORGANIZATIONPierce, Fenner & Smith
ORGANIZATION
Woody Allen
PERSONVivendi
ORGANIZATION
Tencent
ORGANIZATIONAllen&Co
PERSON
Stockholm
LOCATIONTencent Music Entertainment & Tencent
ORGANIZATIONSootily
ORGANIZATIONBolA Merrill Lynch Global Research
ORGANIZATION