Southern Financial Mar in Call (Ariane Dwyer, 25 Aug 2015)

Subject: Southern Financial Mar in Call From: Ariane Dwyer Date: Tue, 25 Aug 2015 14:52:32 -0400 To: Richard Kahn Cc: Darren Indyke Daniel Sabba Vahe Stepanian Paul Morris < Stewart Oldfield Rich, Please find attached a margin call issued for Southern Financial for $1,680,000. The call can be primarily attributed to the EURUSD Risk Reversals which had a large change in mark-to-market value from Friday's to Monday's close given the EURUSD decline. For additional details please find