Epstein Secrets

Subject: FW: Turkey and CNH [C] From: Paul Morris ‹ > Date: Fri, 30 Oct 2015 18:13:11 -0400 To: Stewart Oldfield ‹ > Intended to cc you, je called to tell me rich called the desk for pricing on yen

pricing on yen/krw and was told likely get on Monday, he wasn't too happy, don't know what these guys are doing all day. Original Message From: Paul Morris Sent: Friday, October 30, 2015 01:35 PM Eastern Standard Time To: Vahe Stepanian; Daniel Sabba Subject: RE: Turkey and CNH [C] > Classification:

d skew, indicative pricing for ly, USD/CNH 6.5 — 7.0 call spread: Spot Ref: 6.3935 (pricing as of 10/27/15) Leg 1: European Option Call SOFL buys European USD Call on USD/CNH EFTA01404725 Strike: 6.5 Notional: USD 10,000,000 Expiry: Thu 27-Oct-2016 (ly) Premium: USD 287,100 (2.87%) Delta: 53% Strike vol: 6.

Subject: RE: Turkey and CNH [C] From: Vahe Stepanian sz: > Date: Fri, 30 Oct 2015 14:13:55 -0400 To: Paul Morris < Cc: Ariane Dwyer Daniel Sabba Classification: Confidential Paul — we just hit send on pricing and followed up with a call. We'll let you know

al Vahe sound like he is looking for pricing for long yen /short Korean won, let's get this to him today not Monday, he's looking to trade thanks Paul Morris Managing Director Deutsche Bank Private Bank EFTA01475491 From: Vahe Stepanian Sent: Friday, October 30, 2015 11:27 AM To: jeffrey E. Cc: Dan

ive pricing for ly, USD/CNH 6.5 — 7.0 call EFTA01475492 spread: Spot Ref: 6.3935 (pricing as of 10/27/15) Leg 1: European Option Call SOFL buys European USD Call on USD/CNH Strike: 6.5 Notional: USD 10,000,000 Expiry: Thu 27-Oct-2016 (ly) Premium: USD 287,100 (2.87%) Delta: 53% Strike vol: 6.24% Leg 2: Eur

ssification: For internal use only Paul — Turkey 5y CDS currently —235 on the back of election results. fcid:[email protected] From: Paul Morris Sent: Monday, November 02, 2015 8:07 AM To: Vahe Stepanian; Daniel Sabba Subject: FW: Turkey and CNH [C] Morning where is CDS this am? Origina

ffrey E. [[email protected]] Sent: Monday, November 02, 2015 05:23 AM Eastern Standard Time To: Vahe Stepanian Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; Richard Kahn Subject: Re: Turkey and CNH [C] there was an election this weekend? shouldnt that have been part of the analysis.

d skew, indicative pricing for ly, USD/CNH 6.5 — 7.0 call spread: Spot Ref: 6.3935 (pricing as of 10/27/15) Leg 1: European Option Call SOFL buys European USD Call on USD/CNH Strike: 6.5 EFTA01475506 Notional: USD 10,000,000 Expiry: Thu 27-Oct-2016 (ly) Premium: USD 287,100 (2.87%) Delta: 53% Strike vol: 6.

Subject: RE: Turkey and CNH [C] From: Paul Morris < IMI > Date: Fri, 30 Oct 2015 14:28:53 -0400 To: Vahe Stepanian ‹ > Classification: Confidential Thx he called Paul Morris Managing Director

ication: Confidential Paul — we just hit send on pricing and followed up with a call. We'll let you know if he comes back. Thank you, Vahe From: Paul Morris Sent: Friday, October 30, 2015 1:36 PM EFTA01475495 To: Vahe Stepanian; Daniel Sabba Subject: RE: Turkey and CNH [C] Classification: Confidenti

d skew, indicative pricing for ly, USD/CNH 6.5 — 7.0 call spread: Spot Ref: 6.3935 (pricing as of 10/27/15) Leg 1: European Option Call SOFL buys European USD Call on USD/CNH Strike: 6.5 Notional: USD 10,000,000 Expiry: Thu 27-Oct-2016 (ly) Premium: USD 287,100 (2.87%) EFTA01475497 Delta: 53% Strike vol: 6.

Subject: RE: Turkey and CNH [C] From: Paul Morris < IMI > Date: Fri, 30 Oct 2015 13:35:40 -0400 To: Vahe Stepanian Daniel Sabba Classification: Confidential Vahe sound like he is looking for pri

d skew, indicative pricing for ly, USD/CNH 6.5 — 7.0 call spread: Spot Ref: 6.3935 (pricing as of 10/27/15) Leg 1: European Option Call SOFL buys European USD Call on USD/CNH Strike: 6.5 Notional: USD 10,000,000 Expiry: Thu 27-Oct-2016 (ly) Premium: USD 287,100 (2.87%) EFTA01475488 Delta: 53% Strike vol: 6.

Subject: FW: Turkey and CNH [C] From: Paul Morris < IMI > Date: Mon, 02 Nov 2015 08:07:11 -0500 To: Vahe Stepanian Daniel Sabba Morning where is CDS this am? Original Message From: jeffrey E.

d skew, indicative pricing for ly, USD/CNH 6.5 — 7.0 call spread: Spot Ref: 6.3935 (pricing as of 10/27/15) Leg 1: European Option Call SOFL buys European USD Call on USD/CNH Strike: 6.5 Notional: USD 10,000,000 Expiry: Thu 27-Oct-2016 (ly) Premium: USD 287,100 (2.87%) Delta: 53% Strike vol: 6.24% Leg 2: Eur