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: DB James Malcolm: Are the BoJ shifting stance? Own some cheap optionality [C] From: Paul Morris ‹ > Date: Mon, 04 May 2015 10:08:51 -0400 To: Vahe Stepanian < Cc: Stewart Oldfield Classification: Confidential Hi thx, can u cc Stew on these Paul Morris Managing Director Deutsche Bank Private Bank Of
[C] Classification: Confidential Jeffrey- please find risk reversal pricing below per your request. Spot ref = 120.15 #1) SFLLC sells Put, buys Call on USD/JPY in a premium neutral Risk Reversal EFTA01401808 Put Strike: 118.00 Call Strike: 122.45 Notional: USD 10,000,000 USD Expiry: Thu 06-Aug-
Own some cheap optionality (CI these prices seem wrong. please send me bid and ask for each put call and strike. On Mon, May 4, 2015 at 10:00 AM, Vahe Stepanian < > wrote: Classification: Confidential Jeffrey- please find risk reversal pricing below per your request. Spot ref = 120.15 #1) SFLLC sells Put,
rote: Classification: Confidential Jeffrey- please find risk reversal pricing below per your request. Spot ref = 120.15 #1) SFLLC sells Put, buys Call on USD/JPY in a premium neutral Risk Reversal Put Strike: 118.00 Call Strike: 122.45 Notional: USD 10,000,000 USD Expiry: Thu 06-Aug-2015 (3m) Struc
aniel Sabba I ; Ariane Dwyer ; Stewart Oldfield Subject: RE: DB James Malcolm: Are the Bo) shifting stance? Own some cheap optionatity..... [CI Vahe Stepanian 5/4/2015 1:44:15 PM 'Jeffrey Epstein' [[email protected]] Jeffrey- bid/ask below per your request. There was a typo in the previous email, the
ify, we priced the structures by choosing a strike on the USD/JPY put sale, then solving for the call. Spot ref = 120.15 #1) SFLLC sells Put, buys Call on USD/JPY in a premium neutral Risk Reversal Put Strike: 118.00 Call Strike: 122.45 Notional: USD 10,000,000 USD Expiry: Thu 06-Aug-2015 (3m) As a spre
ov-2015 (6m) Structure Mid: USD -130,000 Thank you, Vahe From: Daniel Sabba Sent: Friday, May 01, 2015 4:35 PM To: Jeffrey E.; Paul Morris Cc: Vahe Stepanian; Ariane Dwyer; Richard Kahn Subject: RE: DB James Malcolm: Are the Bo) shifting stance? Own some cheap optionality [C] CONFIDENTIAL - PURSUANT TO
[C] Classification: Confidential Jeffrey- please find risk reversal pricing below per your request. Spot ref = 120.15 #1) SFLLC sells Put, buys Call on USD/JPY in a premium neutral Risk Reversal Put Strike: 118.00 Call Strike: 122.45 Notional: USD 10,000,000 USD Expiry: Thu 06-Aug-2015 (3m) Struc
Nov-2015 (6m) Structure Mid: USD 130,000 Thank you, Vahe From: Daniel Sabba Sent: Friday, May 01, 2015 4:35 PM To: jeffrey E.; Paul Morris Cc: Vahe Stepanian; Ariane Dwyer; Richard Kahn Subject: RE: DB James Malcolm: Are the Bo) shifting stance? Own some cheap optionality [C] Classification: Confidenti
: Call Strike: Notional: Expiry: Structure Mid: 117.00 123.45 USD 10,000,000 USD Thu 05-Nov-2015 (6m) USD -160,000 #3) Snit sells Put, buys Call on USD/JPY in a premium neutral Risk Reversal Put Strike: 116.00 Call Strike: 125.00 Notional: USD 10,000,000 USD Expiry: Thu 05-Nov-2015 (6m) Struc
Entities connected to both Vahe Stepanian and Call on USD/

Jeffrey Epstein
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Paul Morris
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Richard Kahn
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Martha Stewart
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Stewart Oldfield
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Daniel Sabba
PERSONDeutsche Bank Securities Inc.
ORGANIZATION
Ariane de Rothschild
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Ariane Dwyer
PERSONJames Malcolm
PERSONKuroda
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