Epstein Secrets

Subject: Fw: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C] From: Paul Morris < Date: Thu, 13 Mar 2014 18:53:32 -0400 To: Vinit Sahni >, Nav Gupta < >, Tazia Smith Classification: Confidential He mentioned this trade in our mtg yesterday, next time we need to show him the trades faster, if

buys $101 call SOFL sells $93.5 put Premium: Zero Notional: 100,000 bbls on each leg Both legs knock out if on any day CLM4 fixes below $20/bbl. Initial Margin = 13% Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management loor E-mail: EFTA014678

Subject: Re: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C] From: Vinit Sahni < Date: Thu, 13 Mar 2014 21:33:42 -0400 To: Paul Morris >, Nav Gupta < >, Tazia Smith Classification: Confidential Nav actually came back to him very quickly we should point out. we just dont have the market makin

buys $101 call SOFL sells $93.5 put Premium: Zero Notional: 100,000 bbls on each leg Both legs knock out if on any day CLM4 fixes below $20/bbl. Initial Margin = 13% Tazia Smith EFTA01467857 Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Mana•ement EFTA014678

Subject: Re: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C] From: Vinit Sahni < Date: Thu, 13 Mar 2014 21:56:38 -0400 To: Paul Morris >, Nav Gupta < >, Tazia Smith Classification: Confidential Hi tazia - nav and i are out next 2-3 days lets stay on top of him, on bbva lets watch as we want

buys $101 call SOFL sells $93.5 put Premium: Zero Notional: 100,000 bbls on each leg Both legs knock out if on any day CLM4 fixes below $20/bbl. Initial Margin = 13% EFTA01467859 Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park A