EFTA01453254

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efta-01453254

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EFTA Disclosure

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Jun14 ref 97.60 X = 94.25 Initial Margin: 13% From Tazia Smith/db/dbcom To: jeevacation@gmail.com, cc: vinit sahni/db/dbcom@DBEmEA, Nav Gupta/db/dbcom@DBEMEA, Paul Morris, vahe Stepanian/db/dbcomODBAmericas Date 03/14/2014 10:07 AM Subj Zero Cost WTI Collar 101/94.5, spot ref 97.75 [I] ect: classification: For internal use only Good Morning Jeffrey - Crude ticking up this AM as you know, you can add to your risk reversal with the same 101 strike call with a 94.50 indicative sold put (vs. your 93.50 yesterday. Let us know: WTI Jun14 You buy call, strike 101 You sell put, strike X 100 lots on each leg Costless package Both legs knock out if WTI Jun14 setttles below 520/bbl on any day during the trade Jun14 ref 97.75 X = 94.50 Initial Margin: 13% TDS (Embedded image moved to file: pic04577.gif) Forwarded by Tazia smith/db/dbcom on 03/14/2014 09:52 AM From: vanshree verma/db/dbcom@DBEMEA To: Date: 03/14/2014 03:53 AM Subject Markets opening weaker. Kerry and Lavrov meeting today key I KCP Capital Markets [I] CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 110768 CONFIDENTIAL SDNY_GM_00256952 EFTA01453254

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EFTA01453254

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