EFTA Document EFTA01479707

Subject: FX Indicative Level - USDJPY triple no touch (expires 11/20/14) [C] From: Tazia Smith a> Date: Tue, 02 Se 2014 09:00:49 -0400 To: Cc: Paul Morris < Vahe Stepanian Classification: Confidential Rich - Indicative level on the JPY triple-no touch client receives net premium of $41,503 (+$41,503 p/l). Detail below. DB Research's view is that if the cross can break through 105, it will break out to 110 (see commentary below). Note: 2 day BOJ meeting starts tomorrow. Reminder: as y