Illegal Activity
none
Blackmail
none
Date
2015-07-30
Document Type
email
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This email discusses the details of a TWTR trade involving a Total Return Swap and European Call options between DB and Southern Financial LLC. It also addresses the cost to unwind the short call position and the impact on the IA of the TRS.
Metadata
- Subject
- RE: Trade Recap - 01/27/2015 - Long TWTR on ly TRS, Short TWTR ly calls [C]
- Sender
- Daniel Sabba
- Recipients
- jet-Trey E.
- Document ID
- DB-SDNY-0051270
- Date
- 2015-07-30
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| DB | Swap Seller/Buyer | Southern Financial LLC | DB is the swap seller and Southern Financial LLC is the swap buyer in a Total Return Swap (TRS) agreement. |
| Southern Financial LLC | Option Seller/Buyer | DB | Southern Financial LLC is the option seller and DB is the option buyer in a European Call options agreement on TWTR. |
Notable Quotes 2
For TWTR reference of $31.60 the cost to unwind is $1.89/share with a delta of 32%.
There will be a change in IA for the TRS once the call is unwound, as the IA of long TRS + short calls is lower than simply long TRS.
Financial Information
Amounts:31.601.890.0338.966238.99623,896,620.00
Assets:
- TWTR shares
Transactions:
- Total Return Swap on TWTR
- European Call options on TWTR
- Unwinding of short call position
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 2
DBSouthern Financial LLC
Financial Entities 1
DB
Text Analysis
- Tone
- Professional
- Purpose
- To provide details on a TWTR trade, including the Total Return Swap and European Call options, and to discuss unwinding the short call position.
- Significance
- The document outlines the financial terms and parties involved in a significant trade involving TWTR shares, including a Total Return Swap and European Call options.
File Info
- File Name
- EFTA01361982.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:19.214371
- DOJ Source
- View on DOJ