Epstein Secrets

to work + [C] Classification: Confidential vinit, let's have 2-3 trade ideas for him tomorrow that we have high conviction, 1-2 million per trade Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New York NY 10154 Office: Cell: Forwarded by Paul Morris/db/dbcom

Subject: Re: 15mm to work + [C] From: Vinit Sahni ‹ > Date: Tue, 11 Mar 2014 17:56:17 -0400 To: Paul Morris Tazia Smith Classification: Confidential Sure From: Paul Morris Sent: 03/11/2014 05:28 PM EDT To: Vinit Sahni; Tazia Smith Subject: Fw: 15mm t

sted. Also consider further downside in Aussie dollar. Example: 3mo 0.85 strike digital AUDput/USDcall. spot ref 0.9, pay 12.5% (9.1 offer vol), if AUDUSD below .85 at maturity, receive 100% (8x premium paid). Max loss: premium paid Indicative levels only, subject to market movement, source: DB KCP L

2.7387 -0- Average 1.%36 J. Low on 07/26/11 1.5391 2010 2011 2012 2013 2014 Frcnil Daniel Satba tlt obcom To jeevacation@gmail corn Cc Paul Morris. Date 01/0520Th 11:38 AM Subic'cl Commodity currencies: bullish reversals in BRL.„ ICJ 2.8000 2.7060 2.6000 2.4000 2.2000 2.0000 1.8000 1

rienced increased volatility and marked depreciation vs. USD (see historical price chart below) • Affected commodity linked currency pairs include AUDUSD, USDBRL, USDCAD, USDMXN, and USDNOK • Premium neutral bullish risk reversals on commodity currencies can take advantage of implied vol, skew and f

Subject: Fw: 15mm to work + [C] From: Paul Morris < E > Date: Tue, 11 Mar 2014 17:28:07 -0400 To: Classification: Confidential vinit, let's have 2-3 trade ideas for him tomorrow that we have high

sted. Also consider further downside in Aussie dollar. Example: 3mo 0.85 strike digital AUDput/USDcall. spot ref 0.9, pay 12.5% (9.1 offer vol), if AUDUSD below .85 at maturity, receive 100% (8x premium paid). Max loss: premium paid. Indicative levels only, subject to market movement, source: DB KCP

From: Paul Morris Sent: 3/11/2014 S:28:07 PM To: Subject: Fw: 15mm to work ♦ ICI Attachments: GILD - defend 3.6.14.pdf; HCA 2.4.14.pdf; FFIV LTE 3.2.14.pdf Clas

sted. Also consider further downside in Aussie dollar. Example: 3mo 0.85 strike digital AUDput/USDcall. spot ref 0.9, pay 12.5% (9.1 offer vol), if AUDUSD below .85 at maturity, receive 100% (8x premium paid). Max loss: premium paid. Indicative levels only, subject to market movement, source: DB KCP Lo