Harlin Singh Director Deutsche Bank Securities Inc. +1(212) 454-8865 Fax +1 (732) 935-2037 Mobile +1(908) 209- 0909 Email From: Tazia Smith/db/dbcom@DBAMERICAS To: Harlin Singh/db/dbcom@DBAMERICAS@DBCOEX, Date: 10/21/2013 12:57 PM Subject: Re: lyr USDJPY [I) Classification: For internal use only I'd favor less leverage with some protection (out of the moneyness) built in on the sold option. but would love your input Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc ent Tel. +1 (212) 454-2889 Fax +1 (646) 257.3131 Mobile +1(917) 327-4107 Email <mailto 3 EFTA_R1_01974894 EFTA02678063