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From: Sent: To: CC: Subject: Attachments: Tazia Smith 1/17/201410:48:14 AM [email protected] Paul Morris [ Vinit Sahni ; Nay Gupta Vahe Stepanian Trade Idea: Long 3-Month USDCAD KI Call Spread
ur thoughts. Best, Tazia Indicative levels only. Subject to market movement. Source: DB Key Client Partners London, as of 1/17/14. Forwarded by Tazia Smith/db/dbcom on 01/17/2014 10:35 AM From: Nay Gupta/db/dbcom@DBEMEA To: ■ Date: 01/17/2014 07:35 AM subject: I like buying USDCAD calls to positi
rted pricing in a small amount of rate cuts - this development is significant and clearly a beginning of a pain trade. I believe it can go further. Lower CAD rates from here will drive USD CAD higher. (Embedded image moved to file: pic2SS81.gif) The limited downside play I like best in USDCAD is buying
AD KI Call Spread - 1.10 with a 1.13 sold call knocking-in only if USDCAD trades to 1.17 [I) i like it .. size ? On Fri, Jan 17, 2014 at 11:48 AM= Tazia Smith <[email protected] <mailto:[email protected]> wrote: Classification: Fo= internal use only Jeffrey - Our US FX traders agree/like Nav's call here
From: Jeffrey Epstein <[email protected]> Sent: Friday, January 17, 2014 4:16 PM To: Tazia Smith Subject: Re: Trade Idea: Long 3-Month USDCAD KI Call Spread - 1.10 with a 1.13 sold call knocking-in only if USDCAD trades to 1.17 [I) i like it
arted pricin= in a small amount of rate cuts - this development is significant and clearly a beginning of a pain trade. I believe it can go further. Lower CAD rates from here will drive USD CAD higher. EFTA_R1_01754813 EFTA02579732 The limited downside play I like best in USDCAD is buying a 3month expi
h USDCAD KI Call Spread -1.10 'Arra 1.13 sold call knocking-in only if USDCAD trades to 1.17 LIJ i like it size? On Fri, Jan 17, 2014 at 11:48 AM, Tazia Smith < •> wrote: Classification: For internal use only Jeffrey - Our US FX traders agree/like Nay's call here. The 3-month 1.10/1.13 USDCAD, 1.17 knock-
rted pricing in a small amount of rate cuts - this development is significant and clearly a beginning of a pain trade. I believe it can go further. Lower CAD rates from here will drive USD CAD higher. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 110249 CONFIDENTIAL SDNY_GM_00256433 EFTA0
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