Re: Fw: Indicative Levels - USDCNH 1yr Options [I]
Jeffrey - USDCNH Ref: Spot 6.1604; Fwd 6.2723 (i.e. 101.82% of spot) ly ATMS (6.1604) USDCNH call: 1.041% / 2.215% ly ATMF (6.2723) USDCNH call: 1.041% / 1.190% ly ATMF / ATMF +3% call spread: 0.469% / 0.73% Strikes: 6.2723 /6.4605 ly ATMS (6.1604) USDCNH put: 0.256% / 0.38% ly ATMF (6.2723) USDCNH put: 1.007% / 1.154% Indicative levels, subject to market movement. Source: DB FX Pricer, 8/12/14
Jeffrey -- That' done for Southern Fnl at 36.4bps ($173,000 premium) lyr USDCNH put ATMS strike (6.16) 75mm USD notional Best Regards, Tazia
my apologies, 36.4bps is correct, but my typo: $273k premium on $75mm USD. Be right back with report
75 million notional puts at 38 basis points
that does not sound right , are you sure its on 75 milion
you have got to be kidding me!!!!!!!!!!! .
fyi, this is a client that is doing $75mn notional currency trades with us and we can't get the details correct, it is just embarrassing
Agree - not good enough. Having said that, there are mistakes that are made and we can't nit pick each one of them. Jeffreys experience hasnt been optimal, and with the addition of new coverage, this will change. Having said that, we need to manage him better as well, has to be a better 2 way dialogue. We had a call with him last week that he canceled on Put opportunity. There are multiple times where he doesnt respond etc. So in general we need the flow to be better both ways.
Caroline, i have spared you and others all the emails about mistakes and i have taken the brunt of the complaints and managed the relationship, i have not set up the call on the put yet hence it was never set up, he's not responding sometimes because of his experience, any client would do the same, let's talk off line.
hear you - lets you and I grab lunch when Im back from MTA and review everything and discuss Daniel's onboarding. Monica will set up time
yes i'm on MTA last 2 weeks of august
me to, cant wait :) where u off to?
maine and nantucket, probably not far enough away... u?