Subject: USDKRW [C]
From: Vahe Stepanian
Date: Tue, 22 Sep 2015 16:16:55 -0400
To: jeffrey E. <jeevacation@gmail.com>
Cc: Daniel Sabba
Ariane Dwyer
Paul Morris <
Stewart Oldfield
Richard Kahn
Classification: Confidential
Jeffrey — we are following up on USDKRW per your meeting with Todd and
Daniel.
Please let us know indicative size should you wish to trade and we will
provide live pricing.
All pricing is indicative for 6 month tenor
For call spreads, Southern Financial (SOFL) buys low strike and
sells high strike
Collars are premium neutral, in which SOFL buys the call option
and sells the put option (quoted as Call Strike / Put Strike )
Reverse Knock Out (RKO) call options give SOFL the option to buy
USD / sell KRW at strike as long as USDKRW remains below barrier through
life of trade
USDKRW
Spot Ref: 1186.60
6m Fwd: 1192.10
Call Spreads (near strike / far strike / premium)
1200 / 1250 / 1.30%
1220 / 1270 / 1.05%
EFTA01428699
Premium Neutral Collar (call strike / put strike)
1220 / 1177
1230 / 1170
RKO Call (strike / barrier / premium)
1200 / 1300 / 0.70%
1220 / 1280 / 0.45%
USDKRW ly historical chart
fcid:image002.jpg@OlD0F54B.85A464401
Thank you,
Vahe
Vahe Stepanian
Assistant Vice President I Key Client Partners
Deutsche Bank Securities Inc.
Tel.
Mob
Email
All trade execution information contained herein is being provided as an
accommodation at your request in advance of your receipt of the official
trade confirmation(s). Additional trade detail information available upon
request. The terms of the trade(s) may be subject to change prior to
settlement, and therefore the official trade confirmation(s) and account
statements issued by Deutsche Bank shall govern. Deutsche Bank is not
responsible for any discrepancy between the informal execution report and
the official trade confirmation(s) or account statements.
EFTA01428700
This communication may contain confidential and/or privileged information.
If you are not the intended recipient (or have received this communication
in error) please notify the sender immediately and destroy this
communication. Any unauthorized copying, disclosure or distribution of the
material in this communication is strictly forbidden.
Deutsche Bank does not render legal or tax advice, and the information
contained in this communication should not be regarded as such.
EFTA01428701