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sd-10-EFTA01383631Dept. of Justice

Re: DB James Malcolm: Are the Bo.] shifting stance? Own some cheap optionality (May 01, 2015)

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Classification: Confidential The reason why one would do the trade below is for its embedded leverage. While it requires upfront premium, there is no IA required besides it. A premium neutral risk reversal utilizes your capital as it requires Initial Amount under your Credit Support Annex terms. We will send risk reversals quotes when market reopens. Could you please clarify what expiries you would like to look at? From: jeffrey E. [mailtoleevacationOcimail.com] Sent: Friday, May 01, 2015

Date
May 1, 2015
Source
Dept. of Justice
Reference
sd-10-EFTA01383631
Pages
1
Persons
0
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