From: Tazia Smith
Sent: 4/3/2014 10:37:11 AM
To: jeevacation@gmail.com
CC: Paul Morris Vahe Stepanian
Subject: Re: Commodities Trader Ill
Attachments: 182298_20140402_20140403_1.pdf
Classification: For internal use only
Jeffrey - we tried you on a few different lines. Matt's direct again if you want to just talk with him.
On the FX front - your USDRUB binary has 7 trading days of time value left in it. Know you're well aware, but the 5257k
premium looking to expire worthless. You're 102.5 VY call is leaking time value - matures 5115, so want to keep that front
of mind as the yen is favorably weakening vs. the dollar here. We have you plugged into US FX trader (212-454-8865,
Caleb David) and, in addition to Nav and Vinit in London, finalizing the trader connection in Europe for you - as of now,
you can speak direct with Roger Posch, +41(58)111-5146, but I need to be on the line for licensing purposes.
Speak with you soon,
Tazia
As of 4/2/14
live
Description Trade Date Expiration Notional Cost Basis mrm• 'Arm* PA
USDJPY Triple One-Touch 101 Call 11/21/2013 11/20/2014 1,000,000 USD. 5 $ 17,745 $ 17,745
USDJPY 102.5 Call 1/31/2014 5/15/2014 10,000,000 USD $190,000 $ 164,925 $ (25,075)
USDRUB 37395 Binary 3/13/2014 4/14/2014 1,000,000 USD $257,000 $ 16,721 $ (240,279)
Jun14 WTI 101/93.50 Risk Reversal 3/13/2014 5/19/2014 100,000 bbls $ - $ 81,079 $ 81,079
5447,000 $ 280,469 $ (166,531)
* Not a bid/offer. Mid Mark-to-Market as reported on client's OB Valuation Statement.
Closed
Initial Unwind Unwind
Description Trade Date Trade Date Cost Basis Value P/L
USDCAD RKI Call Spread 1/17/2014 3/5/2014 $109,995 $ 115,000 $ 5,005
$ 5,005
Tazia Smith
CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 111363
CONFIDENTIAL SDNY_GM_00257547
EFTA01453630