Epstein Secrets

From: Tazia Smith cO To: [email protected] Cc: Paul Morris , Subject: your short yen position presently +$24k (spot ref 104.30) [Cl Date: Thu, 19 Dec 2013 15:39:08 +0000 Inline-Images: unnamed; unnamed(1)

and domestic stocks even amid the sharp drop in the yen and equity rally under the "Abe market" spurred by the economic policies of Prime Minister Shinzo Abe. We cannot imagine a 180-degree turnabout in investor behavior on the basis of NISA. Our belief that the yen will decline in value is based on the s

sharp drop in the yen and equity rally under the "Abe market" spurred by the economic policies of Prim

relationshi 1. Relationship Details Relationship Name: EPSTEIN, JEFFREY RHATIONSHJP:00000463290 Booking Center: New York Relationship hanger: Paul Morris K New MOM Relationship K Existing PWM Relationship Retationship to PWM: If existing, please indicate voce when the relatIontJtio exists, provide

e, supplier of goods or services)? (I Yes, credo-Abe) O yes 2 No If applicable, Skate which bank of

From: Tazia Smith Sent: 11/19/2013 8:58:35 AM To: [email protected] CC: Paul Morris jam); Vahe Stepanian Subject: yen weakness commentary + zero-cost one-touch implementation... IC) Attachments: pic13594.gif; pic24762.gif Classi

covery. Since the end of the first round of the "Abe market" in late may, the USD/JPY has stagnated al

tance, and expect the USD/JPY to reach Y115 by end-2014. Taisuke Tanaka From: To: [email protected], Cc: ahe stepanian/db/dbcom0064mericas, Paul Morris Date: 11/15/2013 10:14 AM Subject: USDcJPYp zero cost one-touch option... [C] Classification: confidential Jeffrey - we know you're bearish yen

stock markets rally. Fortunately, we believe the Abe administration will continuously benefit from a

&WealthMarnent IlMor g E-mail: Original Message From: Uzair Ageel Sent: 09/25/2014 01:07 PM GDT To: Tazia Smith Cc: Nav Gupta; Vinit Sahni; Paul Morris; Caroline Kitidis Subject: Key themes & trades Hi Tazia, Here are some trades we're thinking about that Nav suggested you may wish to highlight t

has zero net premium (spot ref: 16374) Investors are waiting for the giant Japanese pension funds to re-allocate away from bonds to equities The Abe administration is looking for additional ways to stimulate the economy Nikkei vols are high and skew is poor -- no easy way to get into the trade,

Subject: Re: Key themes & trades From: Paul Morris Date: Thu, 25 Se To: Uzair Ageel Cc: Caroline Kitidis Nay Gupta Tazia Smith Vinit Sahni thanks, let's try to get some folks engaged on these

has zero net premium (spot ref: 16374) Investors are waiting for the giant Japanese pension funds to re-allocate away from bonds to equities The Abe administration is looking for additional ways to stimulate the economy Nikkei vols are high and skew is poor -- no easy way to get into the trade,

Subject: Re: Key themes From: Caroline Kitidis Date: Thu, 25 S To: Uzair Ageel Cc: Nav Gupta Paul Morris Tazia Smith Vinit Sahni This is v good guys, thanks for the proactiveness. Kind regards, Caroline Kitidis (Embedded image moved to file: pic049

has zero net premium (spot ref: 16374) Investors are waiting for the giant Japanese pension funds to re-allocate away from bonds to equities The Abe administration is looking for additional ways to stimulate the economy Nikkei vols are high and skew is poor -- no easy way to get into the trade,

Subject: Re: Key themes & trades From: Vinit Sahni ‹ > Date: Thu, 25 Sep 2014 11:35:29 -0400 To: Paul Morris ‹ > Cc: Uzair Ageel ere., Caroline Kitidis Nav Gupta Tazia Smith Market clearly starting to get more tactical we will see more relative movements

has zero net premium (spot ref: 16374) Investors are waiting for the giant Japanese pension funds to re-allocate away from bonds to equities The Abe administration is looking for additional ways to stimulate the economy Nikkei vols are high and skew is poor -- no easy way to get into the trade,

Subject: FX Indicative Level - USDJPY triple no touch (expires 11/20/14) [C] From: Tazia Smith a> Date: Tue, 02 Se 2014 09:00:49 -0400 To: Cc: Paul Morris < Vahe Stepanian Classification: Confidential Rich - Indicative level on the JPY triple-no touch client receives net premium of $41,503 (+$41,50

Y depreciation and rising stocks. Prime Minister Abe will shuffle his cabinet in September, and appear

Subject: FX Indicative Level - USDJPY triple no touch (expires 11/20/14) (C) From: Tazia Smith < :, Date: Tue 02 Se 2014 09:00:49 -0400 To: Cc: Paul Morris < > Vahe Stepanian < > Classification: Confidential Rich - Indicative level on the JPY triple-no touch client receives net premium of $41,503

Y depreciation and rising stocks. Prime Minister Abe will shuffle his cabinet in September, and appear