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Investment Strategy
en considered and distributed in Japan by Merrill Lynch (Japan), a registered securities dealer under the
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 →ynch | the FCA and the PRA) by RA - details about Lynch (Japan), a registered securities dea investors a
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 →ea issued and distributed in Tai investors and/or accredited investors Company hee er under the wan by Merri ch as defi A Australia) and poration ILynch by MLP iliates d hority; Lynch International (DIFC Branch), regulated by t ores; Merrill Lynch (Brazi bia Company, regu n and is d PRA) by MLI (UK)
Page: HOUSE_OVERSIGHT_023609 →Entities connected to both Benjamin Bowler and ILynch

Merrill Lynch
ORGANIZATION
United Kingdom
LOCATION
Donald Trump
PERSON
Bank of America
ORGANIZATIONMerchant Bank
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Michael Bloomberg
PERSONThe Financial Service Board
ORGANIZATION
Frankfurt
LOCATIONthe Securities and Futures Bureau
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATION
Bank of America Corporation
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATION
BofA Merrill Lynch
ORGANIZATION
Bank of America, N.A.
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATION
Seoul
LOCATIONBaFin
ORGANIZATION
Merri
ORGANIZATIONthe Australian Securities and Investments Commission
ORGANIZATION