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sd-10-EFTA01454565Dept. of JusticeOther

EFTA Document EFTA01454565

7000 is a huge level! we broke out vs. reverting (i thought we'd revert and then move higher) . let me get a market and let's discuss (Embedded image moved to file: pic20205.gif) Tazia smith Director I Key client Partners - us DB Securities Inc Deutsche Asset & wealth Management 345 Park Avenue 10154-0004 New York, NY, USA Tel. Fax mobile MIEMOVIIIIIIMIIIN Email tazia.smith@db.com (Embedded image moved to file: pic12089.gif) From: Richard Kahn To: Cc: Date: 07/01/2014 11:47 AM

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7000 is a huge level! we broke out vs. reverting (i thought we'd revert and then move higher) . let me get a market and let's discuss (Embedded image moved to file: pic20205.gif) Tazia smith Director I Key client Partners - us DB Securities Inc Deutsche Asset & wealth Management 345 Park Avenue 10154-0004 New York, NY, USA Tel. Fax mobile MIEMOVIIIIIIMIIIN Email tazia.smith@db.com (Embedded image moved to file: pic12089.gif) From: Richard Kahn To: Cc: Date: 07/01/2014 11:47 AM

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7000 is a huge level! we broke out vs. reverting (i thought we'd revert and then move higher) . let me get a market and let's discuss (Embedded image moved to file: pic20205.gif) Tazia smith Director I Key client Partners - us DB Securities Inc Deutsche Asset & wealth Management 345 Park Avenue 10154-0004 New York, NY, USA Tel. Fax mobile MIEMOVIIIIIIMIIIN Email tazia.smith@db.com (Embedded image moved to file: pic12089.gif) From: Richard Kahn To: Cc: Date: 07/01/2014 11:47 AM Subject: Re: EURUSD Update [C] thank you for update also looking at copper position and happy to see unrealized profit of -+30,000 any thoughts on jee exiting or do you see continued strength in copper please advise thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax cell On Jul 1, 2014, at 11:46 AM, Tazia Smith <tazia.smith@db.com> wrote: Classification: Confidential Rich - Chatted with Nay re: euro position. View from the KCP Cap Mkts London team is that the recent euro strength (dollar weakness driven) reverts again as the cross trades in its low-130 to high -130 range. As previously discussed, looking to profit on that reversion. current mark to market is down -25k. Let us know if you have additional thoughts/questions. Best, Tazia CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 112742 CONFIDENTIAL SDNY_GM_00258926 EFTA01454565

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