Epstein Secrets

uts is highest for US equities EFTA01471147 Skew (y-axis) vs ATM vol (x-axis) is stretched (Embedded image moved to file: pic21901.gif) Source: Bloomberg 24-Sep-2014 Renewed interest in Japanese equities ahead of GPIF re-allocation and policy momentum Trade: A 6m 110% call financed by 6m 90% put has

Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. DeutscheAsset&WealthMarnent IlMor g E-mail: Original Message From: Uzair Ageel Sent: 09/25/2014 01:07 PM GDT To: Tazia Smith Cc: Nav Gupta; Vinit Sahni; Paul Morris; Caroline Kitidis Subject: Key themes & trades Hi Tazia,

o of calls-to-puts is highest for US equities Skew (y-axis) vs ATM vol (x-axis) is stretched (Embedded image moved to file: pic24816.gif) Source: Bloomberg 24-Sep-2014 Renewed interest in Japanese equities ahead of GPIF re-allocation and policy momentum Trade: A 6m 110% call financed by 6m 90% put has

Subject: Key themes & trades From: Uzair Ageel Date: Thu, 25 Sep 2014 08:07:10 -0400 To: Tazia Smith Cc: Nav Gupta Vinit Sahni Paul Morris Caroline Kitidis Hi Tazia, Here are some trades we

o of calls-to-puts is highest for US equities Skew (y-axis) vs ATM vol (x-axis) is stretched (Embedded image moved to file: pic21650.gif) Source: Bloomberg 24-Sep-2014 Renewed interest in Japanese equities ahead of GPIF re-allocation and policy momentum Trade: A 6m 110% call financed by 6m 90% put has

Asset & Wealth Management 345 Park Avenue, 26th Floor New York, NY 10154-0004 Tel. Mobile Email (Embedded image moved to file: pic08746.gif) • Uzair Ageel/db/- is Smith/db/- Cc: Vinit Sahni Morris/db Caroline Paul EFTA01471152 idis/db/- Date: AM Subject: trades Hi Tazia, 09/25/2014 08:07 Ke