From: Xavier Avila Sent: 11/20/2017 4:42:18 PM To' Stewart Oldfield CC: Todd Stevens Nicholas Angilletta ; Martin Zeman Daniel-E Kaiser MS ; Joshua Shoshan ; Liam Osullivan J; Davide-A Sferrazza I i; Chris Maxmin Joe Aglione Subject: RE: Southern Financial LLC first FX Option (I] Fantastic news!!! From: Stewart Oldfield Date: Monday, Nov 20, 2017, 16:20 To: Martin Zeman alla, Xavier Avila Danicl-E Kaiser -M Cc: Todd Stet cns IIIIIIIIIIIIIa, Joshua Shoshan , Liam Osullivan Davide-A Sferrazza axmin Nicholas Angilletta < . Joe Aglione Subject: RE: Southern Financial LW first FX Option [1] Classification: For Mimi urns Only Awesome! It has taken a lot of work to get to this point and I appreciate everyone's efforts. Let's keep it going. From: Martin Zeman Sent: Monday, November 20, 2017 4:18 PM To: Xavier Avila ; Daniel-E Kaiser Cc: Todd Stevens Joshua Shoshan MIMIMMINII .; Liam Osullivan Davide-A Sferrazza Stewart Oldfield ; Chris Maxmin <tSt.; Nicholas Angilletta " Joe Aglione Subject: Southern Financial LLC first FX Option [II Classification: For Internal use only Southern Financial LLC (Paul) traded their first FX option today. He bought a 3mth EURUSD 1.1650 Put in $10M notional. Chris, thanks for great execution. Martin CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0066568 CONFIDENTIAL SDNY GM_00212752 EFTA01372726