Epstein Secrets

From: Tazia Smith •tt > To: [email protected] Cc: MIM , Vahe Stepanian alMa>, Paul Morris Subject: USDcJPYp zero cost one-touch option... [C] Date: Fri, 15 Nov 2013 15:14:49 +0000 Inline-Images: unnamed; unnamed(I) Classification: Conf

arket movement. Source: DB WM FX Sales, 11/15/13 Spot ref = 100.18 Approximate collateral would be $50k Leg 1: European Option Call <Client> buys European USD Call on USD/JPY Strike: 100.2 Notional: USD 1,000,000 Expiry: Mon 17-Nov-2014 (1y) Settlement: Wed 19-Nov-2014 ZoneCut: NY Premium: USD 46,000 Premium Dat

New York, NY 10022 Begin forwarded message: From: Tazia Smith < Subject: Euro and Yen.... [C] Date: August 13, 2014 at 9:20:04 AM EDT To: Cc: Paul Morris < , Vahe Stepanian dil > Matt Glassman Classification: Confidential Good Morning Rich - Weak retail sails saw the dollar sell off this morning.

ry spot sensitive) Could do the following at zero cost... Using a strike of 103.00 for the upside call. Leg 1: European Option Call <Client> buys European USD Call on USD/JPY Strike: 103 Notional: USD 10,000,000 Expiry: Thu 13-Aug-2015 (1y) Settlement: Mon 17-Aug-2015 ZoneCut: NY Premium: USD 278,000 Premium Dat

From: Tazia Smith < IMM> To: [email protected] Cc: Paul Morris < Vinit Sahni , Vahe Stepanian Subject: Trade Report 1/27/14 [C] Date: Mon, 27 Jan 2014 16:24:15 +0000 Inline-Images: unnamed; unnamed(1) Class

rikes of 100, 99, 98 on the downside). Be back with additional thoughts, Tazia Spot reference = 102.70 Leg 1: European Option Call <Client> buys European USD Call on USD/JPY Strike: 102.75 Notional: USD 10,000,000 Expiry: Tue 27-Jan-2015 (1y) Settlement: Thu 29-Jan-2015 ZoneCut: NY Premium: USD 446,250 Premium

CC: Vahe Stepanian Subject: USDcJPYp zero cost one-touch option... ICI Attachments: pic00317.gif; pic23579.gif Classification: Confidential ; Paul Morris Jeffrey - we know you're bearish yen vs. US dollar. As you've seen, there has been recent momentum in the JPY sell-off vs the USD since last Thursd

rket movement. Source: DB WM FX Sales. 11/15/13 Spot ref = 100.18 Approximate collateral would be 350k Leg 1: European Option Call <Client> buys European USD Call on USD/JPY Strike: 100.2 Notional: USD 1,000,000 Expiry: Mon 17-Nov-2014 (ly) Settlement: wed 19-Nov-2014 ZoneCut: NY Premium: USD 46,000 Premium Dat

From: Tazia Smith Sent: 9/2/2014 9:00:49 AM To: CC: Paul Morris [Im mill i]; Vahe Stepanian Subject: FX Indicative Level - USDJPY triple no touch (expires 11/20/14) (CI Classification: Confidential Rich - Ind

sitions. Best Regards, Tazia Indicative levels, subject to market movement. Source: DB FX Pricer, 9/2/14. USDJPY Spot Ref: 104.93 <Client> sells European USD Call on USD/JPY Strike: 101 Notional: USD 1,000,000 Expiry: Thu 20-Nov-2014 Settlement: Tue 25-Nov-2014 ZoneCut: NY Premium: USD -39,150 Premium Date: Thu

Subject: Fw: Euro and Yen.... [C] From: Paul Morris < IMI=> Date: Thu, 14 Au 2014 12:00:05 -0400 To: Classification: Confidential sorry we were cut short yesterday, we can talk again later, want yo

ry spot sensitive) Could do the following at zero cost... Using a strike of 103.00 for the upside call. Leg 1: European Option Call <Client> buys European USD Call on USD/JPY Strike: 103 Notional: USD 10,000,000 Expiry: Thu 13-Aug-2015 (ly) Settlement: Mon 17-Aug-2015 ZoneCut: NY Premium: USD 278,000 Premium Dat

Subject: Euro and Yen.... From: Tazia Smith < Date: Wed, 13 Au 2014 09:20:03 -0400 To: Cc: Paul Morris Vahe Stepanian < Matt Glassman < > Classification: Confidential Good Morning Rich - Weak retail sails saw the dollar sell off this morning. Ind

ry spot sensitive) Could do the following at zero cost... Using a strike of 103.00 for the upside call. Leg 1: European Option Call <Client> buys European USD Call on USD/JPY Strike: 103 Notional: USD 10,000,000 Expiry: Thu 13-Aug-2015 (ly) Settlement: Mon 17-Aug-2015 ZoneCut: NY Premium: USD 278,000 Premium Dat

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

sitions. Best Regards, Tazia Indicative levels, subject to market movement. Source: DB FX Pricer, 9/2/14. USDJPY Spot Ref: 104.93 <Client> sells European USD Call on USD/JPY Strike: 101 Notional: USD 1,000,000 Expiry: Thu 20-Nov-2014 Settlement: Tue 25-Nov-2014 ZoneCut: NY Premium: USD -39,150 Premium Date: Thu

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

sitions. Best Regards, Tazia Indicative levels, subject to market movement. Source: DB FX Pricer, 9/2/14. USDJPY Spot Ref: 104.93 <Client> sells European USD Call on USD/JPY Strike: 101 Notional: USD 1,000,000 Expiry: Thu 20-Nov-2014 Settlement: Tue 25-Nov-2014 ZoneCut: NY Premium: USD -39,150 Premium Date: Thu