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the part of Deutsche Bank AG and / or its affiliates (13B'). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFICI), who understand the strategy. cha
From: Tazia Smith To: "jeffrey epstein" <jeevacation®gmail.com>, Paul Morris Subject: Re: Depressed options volatility makes 'Renmimbi weaker' hedges very cheap I KCP Capital Markets [C] Date: The, 28 Jan 2014 17:40:19 +0000 Importance: Normal Inline-Images: unnamed Classificati
—0.30% of USD notional. Spot breakeven 6.318 USDCNH spot = 6.029, 1y ATMF = 6.093 hidieann keels on le, Nut-tied to markei mo‘cmcni. Satin:0: 1AS KCP London, 1.'2814. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 123292 CONFIDENTIAL SDNY_GM_00269476 EFTA01461321
1/28/2014 12:24:03 PM To: [email protected] CC: Paul Morris Vinit Sahni Nav Gupta Stepanian Subject: Depressed options volatility makes 'Renmimbi weaker' hedges very cheap I KCP Capital Markets [II Classification: For internal use only Jeffrey - Vahe Curious for your view on China. We're co
he part of Deutsche Bank AG and / or its affiliates ("DB"). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID), who understand the strategy, cha
Subject: Depressed options volatility makes 'Renmimbi weaker' hedges very cheap I KCP Capital Markets [I] From: Tazia Smith sz: > Date: Tue, 28 Jan 2014 12:24:03 -0500 To: [email protected] Cc:
sche Bank AG and / or its affiliates ("DB"). These ideas are for the consideration of the intended EFTA01479438 recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID), who understand the strategy, cha
Subject: Depressed options volatility makes 'Renmimbi weaker' hedges very cheap I KCP Capital Markets [I] From: Tazia Smith sz: > Date: Tue, 28 Jan 2014 12:24:02 -0500 To: [email protected] Cc:
Entities connected to both KCP London and Renmimbi

Jeffrey Epstein
PERSON
Tazia Smith
PERSON
Paul Morris
PERSON
Nav Gupta
PERSON
Bloomberg L.P.
ORGANIZATIONVanshree Verma
PERSONJun Ma
PERSONJean-Paul Smith
PERSONGlobal Markets Research
ORGANIZATION
Shanghai
LOCATIONKCP Capital Markets
ORGANIZATION