EFTA Document EFTA01479696

Subject: EURUSD 1.345:1.38 risk reversal - matures 9/8/14 [C] From: Tazia Smith < Date: Fri, 15 Aug 2014 10:20:08 -0400 To: eevacation@•mail.com Cc: Paul Morris Nav Gupta < Vahe Stepanian Matt Glassman Classification: Confidential Good Morning Jeffrey - Keeping on your radar that your EURUSD 1.345:1.38 risk reversal matures in 3 weeks (9/8/14). Incremental upside on your current position may be asymmetric to the risk of a bounce, eating into your gains on your in-the-money position.