ed by Tazo SmithClbf on 01128,2014 11 58 AM --- From. Nav Gupta/cid To: Date: 01/2812014 09:44 AM Subject. Depressed options volatility makes 'Renrnimbi weaker' hedges very cheap KCP Capital Markets [II CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 109274 SDNY_GM_0025545