Subject: Re: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C]
From: Paul Morris <
Date: Thu, 13 Mar 2014 22:56:01 -0400
To: Vinit Sahni
Classification: Confidential
Feel free to call him
Original Message
From: Vinit Sahni
Sent: 03/13/2014 09:33 PM EDT
To: Paul Morris/ ; Nam Gupta; Tazia
Smith
Subject: Re: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C]
Classification: Confidential
Nav actually came back to him very quickly we should point out. we just dont
have the market making capabilities in options and therefore gave him an
option straight away.
Original Message
From: Paul Morris
Sent: 03/13/2014 06:53 PM EDT
To: Vinit Sahni; Nam Gupta; Tazia Smith
Subject: Fw: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C]
Classification: Confidential
He mentioned this trade in our mtg yesterday, next time we need to show him
the trades faster, if any uncertainty just call him, he's not happy
Original Message
From: Tazia Smith
Sent: 03/13/2014 06:01 PM EDT
To: "Jeffrey epstein" <jeevacation@gmail.com>
Cc: Paul Morris; Vinit Sahni; Nav Gupta; Vahe Stepanian; "Jean Anne
Wiebracht (jeanie)" "Rich Kahn"
,>
Subject: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal [C]
Classification: Confidential
Jeffrey -
As discussed, today you executed the following:
Underlying: Jun14 WTI
Bloomberg code: CLM4 <comdty>
RMS Counterparty code: SOFL
SOFL buys $101 call
SOFL sells $93.5 put
Premium: Zero
Notional: 100,000 bbls on each leg
EFTA01467863
Both legs knock out if on any day CLM4 fixes below $20/bbl.
Initial Margin = 13%
Tazia Smith
Director
Key Client Partners - US
Deutsche Bank Securities, Inc.
Deutsche Asset & Wealth Management
345 Park Avenue - 26th Floor
New York, NY 10154
Tel:
Mobile:
Fax:
E-mail:
EFTA01467864