EFTA01737917Set 10
2016-08-098p1,752w
GEVI Highlights: Understanding when risk parity risk increases / buy the seasonal oil dip /
own NKY calendar call
To: "Jeffrey E." <jeevacation@gmail.com>
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image008.ono ... GEVI Highlights: Understanding when risk parity risk increases / buy the seasonal oil dip /
own NKY calendar call
Take me off wide email
On Tuesday, 9 August 2016, Ens, Amanda < wrote ... Ilium IS-Apr-07 to $-Aurr.16.
EFTA_R1_00024951
EFTA01737920
Asia Pacific: Own NKY calendar call going into the uncertainty Sep BOJ
• Trade update: Closing the NKY Aug/Sep put calendar
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01737917.pdf
EFTA00821736Set 9
2016-08-094p1,534w
GEVI Highlights: Understanding when risk parity risk increases! buy the seasonal oil dip own NKY calendar call
Date: Tut, 09 Aug 2016 15:11:57 +0000
Attachments: GEVI_08.09.2016.pdf
Inline-Images ... tich,3^40. 0$1•10, 01410:0, (01 • area). tivereremeervommetweeerreve
Asia Pacific: Own NKY calendar call going into the uncertainty Sep BOJ
• Trade update: Closing the NKY Aug/Sep ... calendar trade opened on 25-Jul
• NKY & USDJPY 1Mth yds are down to YTD low: Pricing in a slow summer
• USDJPY 2M-1M term structure at its steepest & NKY
https://www.justice.gov/epstein/files/DataSet%209/EFTA00821736.pdf
EFTA02455428Set 11
2016-08-097p1,795w
GEVI Highlights: Understanding when risk parity risk increases / buy the seasonal
oil dip / own NKY calendar call
Take me off wide email
On Tuesday, 9 August 2016,=Ens, Amanda wrote ... indicative of future performance.
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Asia Pacifi=: Own NKY calendar =all going into the uncertainty Sep BOJ
* *=A0 Trade update: Closing the NKY Aug/Sep ... calen=ar trade opened on 25-Jul
* *=A0 NKY & USDJPY 1Mth vols are down to YTD low:=Pricing in a slow summer
* *=A0 USDJPY 2M-1M term structure
https://www.justice.gov/epstein/files/DataSet%2011/EFTA02455428.pdf
EFTA00631131Set 9
2015-01-304p761w
Sabba
Subject: RE: Trade Recap - 01.30.2015 - Call options on dispersion - SPX, EEM, SXSE, HSCEI,
NKY [C]
Date: Fri, 30 Jan 2015 23:13:55 +0000
Attachments: Global_Basket_Vanilla_Dispersion ... Vahe Stepanian
Subject: Trade Recap - 01.30.2015 - Call options on dispersion - SPX, EEM, SXSE, HSCEI, NKY [C]
Classification: Confidential
Jeffrey,
Southern Financial LLC entered into the following transaction with Deutsche Bank ... Financial LLC
Notional Amount USD 4,166,000.00
Dispersion Basket SPX, EEM, SXSE, HSCEI, NKY
Strike Date 30 Jan 2015
Expiry 18 Dec 2015
Settlement Price Option payout calculated with
https://www.justice.gov/epstein/files/DataSet%209/EFTA00631131.pdf
EFTA01472059Set 10
2015-01-306p752w
Subject: RE: Trade Recap - 01.30.2015 - Call options on dispersion - SPX,
EEM, SXSE, HSCEI, NKY [C]
From: Vahe Stepanian ‹ >
Date: Fri, 30 Jan 2015 18:13:55 -0500
To: jeffrey ... Vahe Stepanian
Subject: Trade Recap - 01.30.2015 - Call options on dispersion - SPX, EEM,
SX5E, HSCEI, NKY [C]
Classification: Confidential
Jeffrey,
Southern Financial LLC entered into the following transaction with Deutsche
Bank ... Financial LLC
Notional Amount USD 4,166,000.00
Dispersion Basket SPX, EEM, SXSE, HSCEI, NKY
Strike Date 30 Jan 2015
Expiry 18 Dec 2015
Settlement Price Option payout calculated with
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01472059.pdf
EFTA00394115Set 9
2013-03-067p1,938w
image002.png
Description:
Description:
Good Morning ... Europe mostly higher (DAX +0.89%, Italy -0.20%) ... ASX +0.82%, NKY +2.13%, KOSPI
+0.20%, TWSE +0.22%, SHCOMP ... TOPIX
closing above 1,000 for the first time since Oct 2008 and the NKY closing just shy of 12,000. Corporate news
helped drive gains for a change (Sharp
https://www.justice.gov/epstein/files/DataSet%209/EFTA00394115.pdf
EFTA00385970Set 9
2013-08-098p2,227w
image001.jpg: image002.png
L,,:pescription:
Description:
Good Morning ... European Markets mixed +/- 30 bps (Portugal +1.2%) ... NKY +0.07%, SHCOMP +0.36%, HSI +0.70%,
ASX -0.19%, TWSE -0.65%, KOSPI -0.17%
EUR 1.3381 (unch ... Copper
+0A3% Silver +0.26%
Choppy session in Asia overnight with the NKY & SHCOMP both managing to eke out small gains on the day. Big macro
day in China
https://www.justice.gov/epstein/files/DataSet%209/EFTA00385970.pdf
EFTA01140073Set 9
2015-01-293p455w
Current Strike Price of Dec15 Calls on Dispersion
-ly Average Realized Dispersion (SX5E, HSCEI, NKY, EEM, SPX)
Indicative Transaction Terms:
Client buys: European Call on Dispersion, quanto USD
Dispersion Basket ... SXSE, HSCEI, NKY
Expiry: 18 Dec 2015
Strike: ATMF (11.2%)
Offer: 2.4%
where
Final Payout = Notional * max(Average Realized Dispersion — Strike,0)
Average Realized Dispersion = Average(absolute value of Individual
https://www.justice.gov/epstein/files/DataSet%209/EFTA01140073.pdf
EFTA00292784Set 9
2014-02-0315p4,014w
LUXXX Index 6,359 0.39%
VIAB US Equity 6,436 0.40%
NKY Index 6,761 0.42%
ES_TSY CREDIT 7,652 0.47%
CMCSK US Equity ... Index 61 (5,659) 3688.30 3,602.08
SENSEX Index 384 (12,015) 338.61 322.20
NKY Index 6,761 37,916 123.81 144.50
HSI Index
https://www.justice.gov/epstein/files/DataSet%209/EFTA00292784.pdf
EFTA02145737Set 10
8p1,904w
Subject: Early Tour 2.27.13
Good Morning ... European Markets mixed (DAX -0.11%)... ASX +0.66%, NKY -1.27%,
KOSPI +0.20%, TWSE +0.22%, SHCOMP ... month-end. The yen strengthened below 92 early in the session and
the NKY broke 11,400 to close on the lows (11,253.97). PM Abe officially presents his
nominations
https://www.justice.gov/epstein/files/DataSet%2010/EFTA02145737.pdf
EFTA01139516Set 9
2015-01-292p363w
Current Strike Price of Dec15 Calls on Dispersion
—ly Average Realized Dispersion (SX5E,HSCEI, NKY, EEM, SPX)
Indicative Transaction Terms:
Client buys: European Call on Dispersion, quanta USD
Dispersion Basket ... SXSE, HSCEI, NKY
Expiry: 18 Dec 2015
Strike: ATMF (11.2%)
Offer: 2.4%
where
Final Payout = Notional * max(Average Realized Dispersion — Strike,0)
Average Realized Dispersion = Average(absolute value of Individual
https://www.justice.gov/epstein/files/DataSet%209/EFTA01139516.pdf
EFTA01361917Set 10
2015-01-291p296w
Strike Price of Dec15 Calls on Dispersion
ly Average Realized Dispersion (SXSE. FIS(El. NKY, EEM. SPxi
Indicative Transaction Terms:
Client buys: European Call on Dispersion, quanto USD
Dispersion Basket ... SXSE, HSCEI, NKY
Expiry: 18 Dec 2015
Strike: ATMF (11.2%)
Offer: 2.4%
where
Final Payout = Notional' max(Average Realized Dispersion — Strike,0)
Average Realized Dispersion = Average(absolute value of Individual
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01361917.pdf
EFTA01432580Set 10
2015-01-304p476w
structure at market on close today for all markets (SPX, EEM, SXSE, HSCEI,
NKY), even though Asia has already closed. Attached is a draft term sheet
for the trade.
Regards ... Client buys: European Call on Dispersion, quanto USD
Dispersion Basket: SPX, EEM, SX5E, HSCEI, NKY
EFTA01432581
Expiry: 18 Dec 2015
Strike: ATMF (11.2%)
Offer: 2.4%
where
Final Payout = Notional
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01432580.pdf
EFTA02129991Set 10
2013-08-3010p2,503w
Subject: Early Tour 8.30.13
Good Morning ... European Markets off 35-65 bps (Portugal -0.83%) ... NKY -0.53%, SHCOMP +0.06%,
HSI +0.12%, KOSPI +0.99%, TWSE ... Emerging Markets recovered some more. Japan failed to hold early gains and the NKY turned negative
half-way thru the AM session (closed -0.53%) despite better macro data that seemed
https://www.justice.gov/epstein/files/DataSet%2010/EFTA02129991.pdf
EFTA01421812Set 10
2015-01-304p533w
structure at market on close today for all markets (SPX, EEM, SXSE, HSCEI,
NKY), even though Asia has already closed. Attached is a draft term sheet
for the trade.
Regards ... Client buys: European Call on Dispersion, quanto USD
Dispersion Basket: SPX, EEM, SX5E, HSCEI, NKY
Expiry: 18 Dec 2015
Strike: ATMF (11.2%)
Offer: 2.4%
where
Final Payout = Notional * max(Average
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01421812.pdf
EFTA01375534Set 10
2015-01-291p285w
Strike Price of Dec15 Calls on Dispersion
. ..11; Average Realized Dispersion (SKS'. EIS(EI, NKY. EEM. SPX)
Indicative Transaction Terms:
Client buys: European Call on Dispersion, quanto USD
Dispersion Basket ... SXSE, HSCEI, NKY
Expiry: 18 Dec 2015
Strike: ADM (11.2%)
Offer: 2.4%
where
Final Payout = Notional • max(Average Realized Dispersion — Strike,0)
Average Realized Dispersion = Average(absolute value of Individual
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01375534.pdf
EFTA02145605Set 10
2013-03-068p1,922w
Early Tour 3.6.13
Good Morning ... Europe mostly higher (DAX +0.89%, Italy -0.20%) ASX +0.82%, NKY
+2.13%, KOSPI +0.20%, TWSE +0.22%, SHCOMP ... TOPIX closing above 1,000 for the first time since Oct 2008 and the NKY closing just shy of
12,000. Corporate news helped drive gains for a change (Sharp
https://www.justice.gov/epstein/files/DataSet%2010/EFTA02145605.pdf