RE: trades proposed to southern financial. [C)
Vahe - can you please put together a table with hypothetical pnl I can discuss with him. I went through sent emails and found the following trades proposed since April 1st. It looks like 4 made money (a lot) and 3 lost (not so much). Can you please focus on getting this quantified tomorrow AM.
RUSSELL TRADE- 6 times payout — June 25
Brazil CDS — home run. Repeatedely reached out to him to increase position and add BRL shorts. July 17, july 29.
China and copper — could have worked. Copper sold off from 5468 to 5084. July 21.
Dax calls contingent on lower euro rates — lost money. June 18.
EUR rates caps — made money. April 29.
SPX put spreads contingent on higher rates — lost money. June 9.
Bullish USDJPY through seagulls — long call spread short put— lost money. May 28.
Daniel Sabba
Key Client Partners
Deutsche Bank Securities Inc.
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CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL
DB-SDNY-0055814
SDNY_GM_00201998
EFTA01365159
Attachments: Using Russell puts as a proxy to short HY market. [C) (3.49 KB).msg; FW_ (BN) As Lula Corruption Probe Begins, Brazil's Crisis Heats Up A [C) (4.22 KB).msg; FW_ (BN) Brazil Risks Slipping Through Levy Fingers as Junk Status Loom (3.93 KB).msg; china and copper... [C) (2.58 KB).msg; Idea for Greece Resolution & Continued ECB Quantitative Easing IC) (3.61 KB).msg; Higher rates in Europe - timely [C) (3.59 KB).msg; RE_ Idea for US equity hedging... [CI (3.54 KB).msg; Call follow-ups [C) (3.77 KB).msg
Classification: Confidential