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truments and Exchange Law: Company name - Deutsche Securities Inc. Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance Bureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan
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 Guilherme Marone Singapore Sameer Goel Ma'like Sadie!eye Perry Kojodjojo
uments and Exchange Law: Company name - Deutsche Securities Inc. Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance Bureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan
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 Giacomelli Guilherme Marone Mauro Roca Singapore Sameer Goel Mallika Sachdeva Sydne
uments and Exchange Law: Company name - Deutsche Securities Inc. Registration number - Registered as a financial instruments dealer by the Head of the Kanto Local Finance Bureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan
ion, the undersigned lead analyst(s) has not and will not receive any compensation for providing a specific recommendation or view in this report. Oliver Harvey Deutsche Bank Securities Inc. Page 49 EFTA01464406 30 July 2013 Exchange Rate Perspectives: FX and the Financial Transaction Tax Regulatory Di
Entities connected to both the Kanto Local Finance Bureau and Oliver Harvey

Deutsche Bank
ORGANIZATION
Frankfurt
LOCATIONNippon
ORGANIZATION
Moody's
ORGANIZATION
New Zealand
LOCATIONDavid Folkerts-Landau
PERSONAssociation of Japan
ORGANIZATIONAndreas Neubauer
PERSONSteve Pollard
PERSON
Malaysia
LOCATIONChiyoda-ku
ORGANIZATION
Tokyo
LOCATION
Sydney
LOCATIONJapan Investment Advisers Association
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
Richard Smith
PERSON
Harvey Weinstein
PERSON
Norway
LOCATIONthe Financial Instruments and Exchange Law
ORGANIZATION
Columbia University
LOCATION