From: Richard Kahn Sent: Monday, June 16, 2014 9:32 PM To: Jeffrey E. Subject: Fwd: Euro Confirms (C] Attachments: Mail Attachment.gif; Untitled attachment 00197.htm; Mail Attachment.gif; Untitled attachment 00200.htm; 806424249-1.pdf; Untitled attachment 00203.htm; 806424264-1.pdf; Untitled attachment 00206.htm please =dvise if attached confirms for euro trade below can be signed by =arren From: Vahe Stepanian Subject: Re: Fwd: =aluation Statement for SOUTHERN FINANCIAL, LLC as at 6 Jun 2014 - =equest 182298 (C) Date: June 9, 2014 at 8:59:28 AM EDT To: [email protected] Cc: Jeanne Brennan Classification: =onfidential Good Morning Rich- Hope you had a great weekend. Jeffrey =ought a 1.3450 strike EURUSD put, which was funded by selling a 1.3800 =trike EURUSD call. The trade was done at zero cost to =im. Our view is =hat EURUSD will trend down over the course of the summer, moving =hrough his put strike. Note the Sept. 8th =xpiry. Full =rade details: TradeType FxEuroOpt BuySell Client Buys Currencyl EUR CP Put Notional1 10,000,000 Currency2 USD Notional2 -13,450,000 Strike 1.345 ZoneCut NY: 10:00 hours (Local time in New =ork) ExpiryDate Mon 08 September 2014 SettlementDateWed 10 September 2014 FixingReferenceSPOT TradeType FxEuroOpt EFTA_R1_02119216 EFTA02709925