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national Incorporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities
g RTY short SPX 2y variance swap Nitin Saksena 3000-2850 SX5E put spread Dec 16 expiry James Barty Equity vol Long NKY short SPX Dec 18 variance swap Benjamin Bowler Long SX5E short SPX Dec 18 variance spread Abhinandan Deb Eurostoxx 2y/3y put calendar Abhinandan Deb Short EUR/SEK Kamal Sharma Long USD/CNY call Cl
Page: HOUSE_OVERSIGHT_014433 →l Lynch CV, Casa de Bolsa, regulated by japan): Merri Financial Supervisory Service; regulated by the Securities and Excl Lynch Israe
garding the risks involved with investing in listed options: http://Awww.theocc.com/about/publications/character-risks.jsp Analyst Certification |, Benjamin Bowler, hereby certify that the views expressed in this research report accurately reflect my personal views about the subject securities and issuers. | als
Page: HOUSE_OVERSIGHT_014998 →ming from new Drillisch tariffs or failure to turnaround good US operational trends into more profitable revenue streams. Analyst Certification We, Benjamin Bowler, Clovis Couasnon and Frederic Boulan, CFA, hereby certify that the views each of us has expressed in this research report accurately reflect each of
Page: HOUSE_OVERSIGHT_023603 →egulated by The Financial Service Board; MLI (U Lynch (Australia): d, regulated by th Singapore (MAS); Merrill Lynch CV, Casa de Bolsa, regulated by Financial Supervisory Service; he Securities and onal del Mercado De ertill Lynch Kingdom of Saudi Ara This research report: has been approved imited regula by HKSFC is Singap
Page: HOUSE_OVERSIGHT_023609 →Global Research 22 Global Equity Volatility Insights | 09 August 2016 (pertain HOUSE_OVERSIGHT_025999 --- PAGE BREAK --- Analyst Certification |, Benjamin Bowler, hereby certify that the views expressed in this research report accurately reflect my personal views about the subject securities and issuers. | als
Page: HOUSE_OVERSIGHT_026000 →ities Co, Ltd. regulated by the Financial Services Agency; Merrill Lynch (Seoul): Merrill Lynch International ncorporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP errill Lynch (India): DSP Merril
Page: HOUSE_OVERSIGHT_026002 →Entities connected to both Benjamin Bowler and the Financial Supervisory Service

United Kingdom
LOCATION
Frankfurt
LOCATION
Bank of America
ORGANIZATIONMerchant Bank
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Merrill Lynch
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATIONThe Financial Service Board
ORGANIZATION
Donald Trump
PERSON
Seoul
LOCATIONDSP Merrill Lynch Limited
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATION
Michael Bloomberg
PERSONMerrill Lynch KSA Company
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONthe Prudential Regulation Authority
ORGANIZATIONthe Australian Securities and Investments Commission
ORGANIZATION
the Financial Services Agency
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATION