To: 'eevacation mail.com 'eevacation mail.com] Cc: ; Vahe Stepanian Fran: Tazia Smith Sent Thur 11/7/2013 9:14:02 PM Subject: [I) mime part 1 .qit mime Part 2.0if mime part 3.clif mime part 4.oif mime part 5.gif mime part 6mif mime part 7.gif mime part 8.oif mime part 9.aif mime part 10.oif mime part 11.oif mime part 12af mime part 13.Oif mime part 14.af mime part 15.oif mime part 16.gif Classification: For internal use only Hi Jeffrey - Just tried calling you to check-in. FYI below: TWTR closes at $44.90, touching a high of $50.09 in the early morning flurry and retracing as high as $48.66 late in the day. Risk-off move across the markets today, as you likely saw (S&P down 1.3%, eurostoxx jumped and reversed post ECB, finishing down 44bps). Refreshed pricing on the USDJPY 1yr risk reversal that we talked about at our meeting a couple weeks ago (ATMF/90 strikes) is 2.8% cost: spot ref 97.75 Leg 1: Risk Reversal <Client> buys Call, sells Put on USD/JPY in a Risk Reversal Call Strike: 97.47 Put Strike: 90 Notional: USD 1,000,000 USD Expiry: Mon 10-Nov-2014 (1y) Settlement: Wed 12-Nov-2014 ZoneCut: NY Net Premium Paid: USD 28,000 (2.8%) Premium Date: Tue 12-Nov-2013 EFTA_R1_00418357 EFTA01951346