From: Richard Kahn To: "Jeffrey E." <[email protected]> Subject: Fwd: Euro Confirms [C] Date: Mon, 16 Jun 2014 21:32:05 +0000 Attachments: 806424249-1.pdf; 806424264-1.pdf Inline-Images: Mail_Attachment.gif; Mail_Attachment(1).gif please advise if attached confirms for euro trade below can be signed by darren From: Vahe Stepanian Subject: Re: Fwd: Valuation Statement for SOUTHERN FINANCIAL, LLC as at 6 Jun 2014 - Request 182298 ICI Date: June 9, 2014 at 8:59:28 AM EDT To: Cc: Jeanne Brenna , Tazia Smith Classification: Confidential Good Morning Rich- Hope you had a great weekend. Jeffrey bought a 1.3450 strike EURUSD put, which was funded by selling a 1.3800 strike EURUSD call. The trade was done at zero cost to him. Our view is that EURUSD will trend down over the course of the summer, moving through his put strike. Note the Sept. 8th expiry. Full trade details: TradeType FxEuroOpt BuySell Client Buys Currency]. EUR CP Put Notionall 10,000,000 Currency2 USD Notional2 -13,450,000 Strike 1.345 ZoneCut NY: 10:00 hours (Local time in New York) ExpiryDate Mon 08 September 2014 SettlementOate Wed 10 September 2014 FixingReference SPOT TradeType FxEuroOpt BuySell Client Sells Currencyl EUR CP Call Notionall -10,000,000 Currency2 USD Notional2 13,800,000 Strike 1.38 EFTA01192384