Epstein Secrets

and higher l0y US swap rates (CMS, 25bps over its forward level). Indicative transaction terms (as of 06/03/2015): Client buys: OTC SPX 105°4/95% Put Spread contingent on l0y USD CMS > atmf+25bps at expiry Notional: USDS0mm Expiry: 18 Dec 2015 Offer (mid): 2.00% (1.60%) Ref vanilla: 4.30% Ref SPX

Spread contingent on l0y USD CMS > atmf+25bps at expiry Notional: USDS0mm Expiry: 18 Dec 2015 Offer (mid): 2.00% (1.60%) Ref vanilla: 4.30% Ref SPX future: 2115 Ref l0y fwd: 2.54% SPX Implied volatility levels close to historical lows CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY

and higher l0y US swap rates (CMS, 25bps over its forward level). Indicative transaction terms (as of 06/03/2015): Client buys: OTC SPX 105%/95% Put Spread contingent on l0y USD CMS > atmf+25bps at expiry Notional: USD50mm Expiry: 18 Dec 2015 Offer (mid): 2.00% (1.60%) Ref vanilla: 4.30% Ref SPX

Spread contingent on l0y USD CMS > atmf+25bps at expiry Notional: USD50mm Expiry: 18 Dec 2015 Offer (mid): 2.00% (1.60%) Ref vanilla: 4.30% Ref SPX future: 2115 Ref l0y fwd: 2.54% SPX Implied volatility levels close to historical lows GRAB O 12 riActiOns 9trremplatei, Hide 9$ Table DO

nd higher 10y US swap rates (CM=, 25bps over its forward level). Indicative transaction terms (as of 06/03/2015): Client buys: OTC SPX 105%/95% Put Spread contingent o= l0y USD CMS > atmf+25bps at expiry Notional: USD50mm EFTA_R1_01628736 EFTA02501299 Expiry: 18 Dec 2015 Offer (mid):

expiry Notional: USD50mm EFTA_R1_01628736 EFTA02501299 Expiry: 18 Dec 2015 Offer (mid): 2.00% (1.60%) Ref vanilla: 4.30% Ref SPX future: 2115 Ref 10y fwd: 2.54% SPX Implied volatility levels close to historica= lows Please =et us know if you would like to discuss. Best