From Nav Gupta/db/dbcom@OBEMEA
To: jeevacation@gmail.com,
Cc: Joseph , Tazia
Paul Vinit ■
Date 04/15/2014 07:46 AM
Subj Jeffrey - latest prices with suggested sizes - Nav [C]
ect:
classification: confidential
Jeffrey,
updated prices and proposed sizes.
1. Buy 10y BTP (March2024). 10y yield is 5bp lower today. I still like eur2mm
here 3.125% VTM and suggest work a soft order to add eur1.5mm at 3.25%,
eur1.5mm 3.35%.
2. EURUSD spot FX is 1.3802 from 1.3827 yesterday. Suggest buying 2week
vanilla 1.40c at 5-6c in EUR 50mm notional (cost EUR25-30k)
3. position for a stronger dollar by buying ly 5% OTM SPOT EURUSD binary puts
at 21% of payout. suggest do half (eurSOOk payout costing 0.21*500k) now, and
the other half when spot 139-140
4. nationwide coco currently 6.42% offered. I suggest scaling in £2mm on an
order at 6.5% and £2mm on order at 6.75%
thanks
Nav
From: Nay Gupta/db/dbcom
To: jeevacation@gmail.com,
Cc: Vinit , Paul Tazia
Date: 14/04/2014 18:17
Subjec Jeffrey - 4 trades I like - Nay [c]
t:
Classification: Confidential
Hi Jeffrey,
There hasn't been much I've really liked recently.
Here are four trades - 3 I like right now and 1 for now or soon.
1) BUY lOy BTPS @ 3.16% - This is a 3-6mth 'buy the rumour sell the fact'
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 111699
CONFIDENTIAL SDNY_GM_00257883
EFTA01453859