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EFTA01469261

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Subject: Re: EURUSD Update [C] From: Richard Kahn < EM > Date: Tue, 01 Jul 2014 11:47:45 -0400 To: Tazia Smith Cc: Paul Morris Vahe Stepanian thank you for updatealso looking at copper position and happy to see unrealized profit of -+30,000 any thoughts on jee exiting or do you see continued strength in copper please advise thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel 212-971-1306 fax 646-350-0954 cell On Jul 1, 2014, at 11:46 AM, Tazia Smith wrote: Classification: Confidential Rich - Chatted with Nav re: euro position. View from the KCP Cap Mkts London team is that the recent euro strength (dollar weakness driven) reverts again as the cross trades in its low-130 to high -130 range. As previously discussed, looking to profit on that reversion. current mark to market is down —25k. Let us know if you have additional thoughts/questions. Best, Tazia <Mail Attachment.gif> Tazia Smith Director I Key Client Partners - US EFTA01469261 DB Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA Tel. +1(212)454-2889 Fax +1(646)257-3131 Mobile Email <Mail Attachment.gif> This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01469262