Illegal Activity
none
Blackmail
none
Date
2014-11-14
Document Type
email
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This email chain discusses a EUR hedging strategy involving Southern Financial, with Daniel Sabba providing details to Jeffrey E7 and Paul Morris. The email outlines the specifics of the risk reversal transaction, including strike prices, notional amounts, and premium offers, and suggests executing the transaction during London hours for tighter market conditions.
Metadata
- Subject
- Re: Follow-up on EUR hedging discussion (C]
- Sender
- Paul Morris
- Recipients
- Daniel Sabba
- Document ID
- —
- Date
- 2014-11-14
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Paul Morris | business | Daniel Sabba | Email correspondence regarding EUR hedging discussion |
| Daniel Sabba | business | Jeffrey E7 | Email correspondence regarding EUR hedging discussion |
| Southern Financial | business | Deutsche Bank | Southern Financial engaging in a financial transaction with Deutsche Bank |
Notable Quotes 2
It would help our hedging if you executed this in the morning since the Euribor market just closed at 4pm EST, so the market for the 5y forward is wider.
If we executed this during London hours, we believe the market on this structure would be tighter.
Financial Information
Amounts:EUR 50,000,000USD 2,928,000USD 2,878,000USD 2,946,500USD 2,996,500USD 18,500USD 118,5001.247210301.24501.4600
Transactions:
- Southern Financial buys Put, sells Call on EURUSD in a Risk Reversal
- Put Strike: 1.2450
- Call Strike: 1.4600
- Notional: EUR 50,000,000
- Expiry: Thu 14-Nov-2019 (5y)
- Settlement: Mon 18-Nov-2019
- ZoneCut: NY
- Premium Date: Mon 17-Nov-2014
- Put Premium Offer: USD 2,928,000 (mid would be USD 2,878,000)
- Call Premium Bid: (USD 2,946,500) (mid would be USD 2,996,500)
- Net Premium: Southern Financial Receives USD 18,500 (mid for the structure would be for SF to receive USD 118,500)
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealingsCommunications/correspondence
People 3
Organizations 2
Deutsche Bank Private BankSouthern Financial
Locations 3
New York, NY345 Park AvenueLondon
Financial Entities 1
Deutsche Bank
Text Analysis
- Tone
- professional
- Purpose
- To discuss and execute a EUR hedging strategy for Jeffrey E7 through Southern Financial.
- Significance
- Details a specific financial transaction involving EUR hedging and provides information on the potential gains and losses.
File Info
- File Name
- EFTA01367642.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:15.671809
- DOJ Source
- View on DOJ