EFTA01453249

getting on a train tonight. Deutsche Bank securities, Inc. Deutsche Asset & wealth Management 345 Park Avenue - 26th Floor New York, NY 10154 Tel: (212) 454-2889 Mobile: Fax: (64111,1 1111111 E-mail: on ''inal Message From: Sent: 03 2014 06:53 PM EDT To: Subject: Fw: Trade Report 3 Classification: Confidential WTI Zero Cost Risk Reversal [C] He mentioned this trade in our mtg yesterday, next time we need to show him the trades faster, if any uncertainty just call him, he's not happy Original Message From: Sent: 03 13 To: " effre Cc: 2014 06:01 PM EDT stein" <'eevacation mail.com> <r1C dr nladgmai .com,> Subject: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C] Classification: Confidential Jeffrey - As discussed, today you executed the following: Underlying: Jun14 WTI Bloomberg code: cLm4 <comdty> RMs counterparty code: SOFL SOFL buys $101 call SOFL sells $93.5 put Premium: Zero Notional: 100,000 bbls on each leg Both legs knock out if on any day CUM fixes below S20/bbl. Initial Margin = 13% Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 110759 CONFIDENTIAL SDNY_GM_00256943 EFTA01453249