From: Tazia Smith/db/dbcom
To: jeevacation@gmail.com,
Cc: vahe Stepanian/db/dbcom@DBAmericas
Date: 11/12/2013 02:55 PM
Subject: BRL Notes marking down >20% (C]
Classification: Confidential
Jeffrey -
You're long 1mm USD each of BRL step up notes in southern Trust from JP. The
notes have a 15% barrier and BRL is presently down —17% vs. USD from your
initial strike. The notes are marking down more than 20%. Barrier is
European. Final valuation date on the notes are 3/20/14 and 4/14/14.
Posting you and would like to get your view given the move and mark-to-market
(vs. your -10% rule).
Speak with you soon,
Tazia
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Tazia Smith
Director I Key Client Partners - US
Deutsche Bank Securities Inc
Deutsche Asset & wealth Management
345 Park Avenue, 26th Floor
New York, NY 10154
Tel.
Fax
Mobi
Emai
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