Epstein Secrets

eas Deutsche Bank equity research analysts sometimes have shorter-term trade ideas (known as SOLAR ideas) that are consistent or inconsistent with Deutsche Bank's existing longer term ratings. These trade ideas can be found at the SOLAR link at http://gm.db.com. 3. Country-Specific Disclosures Australia and

l Head of Research Marcel Cassard Global Head CB&S Research Asia-Pacific Fergus Lynch Regional Head International Locations Deutsche Bank AG Deutsche Bank Place Australia Tel: D t iei n n London EC2N 2EQ United Kin dom Tel: Deutsche Bank AG 1rma Tel: .1111111. Deutsche Bank Securities Inc. United S

rector Equity Research North America Steve Pollard Regional Head Global Disclaimer The information and opinions in this report were prepared by Deutsche Bank AG or one of its affiliates (collectively "Deutsche Bank"). The information herein is believed to be reliable and has been obtained from public source

ider this report in deciding to trade on a proprietary basis. Unless governing law provides otherwise, all transactions should be executed through the Deutsche Bank entity in the investor's home jurisdiction. In the U.S. this report is approved and/or distributed by Deutsche Bank Securities Inc., a member of th

ll EUR/BRL and EUR/CLP Theme #10: Turning Up the Volume: Buy USD/GBP variance swap and AUD/USD variance swap Research Team London Bilal Hafeez James Malcolm Henrik Gullberg George Saravelos Caio Natividade Siddharth Kapoor Oliver Harvey Nicholas Weng New York Alan Ruskin Daniel Brehon Drausio Gi

ATE (adjusted for taxes and exch.:Jog energy). YoY NO, GIGS BanKs paecbon &wow dissent &mit elocintlxvg finance to Henrik Gullberg, London, 194/ Deutsche Bank AG/London Page 13 EFTA00610288 9 January 2014 FX Blueprint: Thin end of the wedge Theme #7: Trend no bitter end In 2007 we replicated a RBA study

deas Deutsche Bank equity research analysts sometimes have shorter-term trade ideas (known as SOLAR ideas) that are consistent or inconsistent with Deutsche Bank's existing longer term ratings. These trade ideas can be found at the SOLAR link at 3. Country-Specific Disclosures Australia and New Zealand: This

y Research, Germany Steve Pollard Regional Head Americas Research Deutsche Bank AG Deutsche Bank AG Deutsche Bank AG Deutsche Securities Inc. Deutsche Bank Place Grog° Gallusstra8e 10-14 Filial° Hongkong 2-11-1 Nagatacho Level 16 60272 Frankfurt am Main International Commerce Centre, Senna Park Tower C

eme #11: Vol to roll: Buy EUR/USD FVAs, USD/JPY vol swaps and risk reversals, AUD/USD puts r4 9 January 2014 'Research Team London Bilel Hafeez James Malcolm Henrik Gullberg George Sarevelos Siddhanh Kapoor Oliver Harvey Nicholas Weng New York Alan Ruskin Daniel Brehon Dreusio GiacomoIli Guilherm

rized copying, disclosure or distribution of the material in this e-mail is strictly forbidden. Diese E-Mail wurde von Hewlett Packard im Namen der Deutschen Bank verschickt. Diese E-Mail enthält vertrauliche und/oder rechtlich geschützte Informationen. Wenn Sie nicht der richtige Adressat sind oder diese E-M

From: "jeffrey E." <[email protected]> To: Vahe Stepanian Cc: Paul Morris , Daniel Ariane Dwyer , Richard Kahn Subject: Re: DB James Malcolm: Are the BoJ shifting stance? Own some cheap optionality [C] Date: Mon, 04 May 2015 14:07:56 +0000 Inline-Images: image001.gif these prices seem

ized copying, disclosure or distribution of the material in this e-mail is strictly forbidden. Diese E-Mail wurde von Hewlett Packard im Namen der Deutschen Bank verschickt. Diese E-Mail enthält vertrauliche und/oder rechtlich geschützte Informationen. Wenn Sie nicht der richtige Adressat sind oder diese E-M

Subject: FW: DB James Malcolm: Are the BoJ shifting stance? Own some cheap optionality [C] [I] From: Paul Morris ‹ > Date: Mon, 04 May 2015 11:32:38 -0400 To: Stewart Oldfie

barner 30% 20% 10% 0% •10% -20% -30% .40% ttt tt 41.0,0 84 86 88 90 92 94 96 98 CO 02 04 06 08 10 12 14 Saone Oasis ant Sentrep Ammo LP Doutscho Bank AG/London CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 107395 CONFIDENTIAL SDNY_GM_00253579 EFTA01451149

6% AUDIUSD put with an -13.4% AUD/CAD KO would have been in-the- money 26.2% of the time, and knocked out 2.7% of the time. Nicholas Wang, London James Malcolm, Load Page 22 Weekly change in spot versus risk reversal at extreme 0.18 0.16 0.10 o 12 0.10 0 08 006 0 04 0 02 0 00 -002 i t/SDJPY dep

on.•,:nd 10 12 14 60 70 80 90 100 110 120 130 140 150 James Malcolm, London, (+44)20754 50884 Taisuke Tanaka, Tokyo +87 (03)5156 671J Doutscho Bank AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00253628 DB-SDNY-0 107444 EFTA01451170

San Dourithe Bonk OWIT•1161. and lP he foreign asset fledge demand 08 . .end on.•,:nd 10 12 14 60 70 80 90 100 110 120 130 140 150 James Malcolm, London, (+44)20754 50884 Taisuke Tanaka, Tokyo +87 (03)5156 671J Doutscho Bank AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFID