Epstein Secrets

4.gif) used with permission of Bloomberg Finance LP (Embedded image moved to file: pic13921.gif) Tazia Smith Director I Key client Partners - us Deutsche Bank Securities Inc CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 123385 SDNY_GM_00269569 EFTA01461376

on 02/26/2014 04:18 PM From: Tazia smith/db/dbcom To: cc: Paul morris, vahe stepanian/db/dbcomODBAmericas Date: 02/24/2014 11:44 AM Subject: USDMXN [C] Classification: confidential Harry - As discussed, I am following up to identify where those "Exchange Rates" denoted with the bond purchase/

he call strike would be approximately 8% away while put strike would be 3% away from spot. Best regards, Daniel Daniel Sabba Key Client Partners Deutsche Bank Securities Inc. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 124770 CONFIDENTIAL SDNY_GM_00270954 EFTA01462286

ility 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 forward dynamics (i.e. cl

e call strike would be approximately 8% away while put strike would be 3% away from spot. Best regards, Daniel Daniel sabba Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 124775 CONFIDENTIAL SDNY_GM_00270959 EFTA01462289

tility 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 forward dynamics (i.e. clien

he call strike would be approximately 8% away while put strike would be 3% away from spot. Best regards, Daniel Daniel Sabba Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 124773 CONFIDENTIAL SDNY_GM_00270957 EFTA01462288

OMO —CAD4,430 70% —CL4Cemdly Other commodity currencies: While for USDBRL call strike is about 14% away from spot while put is about 1% away, for USDMXN the call strike would be approximately 8% away while put strike would be 3% away from spot. Best regards, Daniel Daniel Sabba Key Client Partners