Illegal Activity
none
Blackmail
none
Date
2015-12-04
Document Type
email
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
Vahe Stepania from Deutsche Bank provides Richard Kahn with an update on a dispersion call option for Southern Financial, noting that the option was not unwound and the indicative bid is currently 0.90%. The email also mentions the realized dispersion percentage and its impact on the option's value.
Metadata
- Subject
- RE: Dispersion Call Option [CI
- Sender
- Vahe Stepania
- Recipients
- Richard Kahn, mj
- Document ID
- DB-SDNY-0073359
- Date
- 2015-12-04
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Vahe Stepania | business | Richard Kahn | Vahe Stepania is communicating with Richard Kahn regarding a dispersion call option. |
| Vahe Stepania | employment | Deutsche Bank Securities Inc. | Vahe Stepania is an Assistant Vice President at Deutsche Bank Securities Inc. |
| Southern Financial | business | Deutsche Bank | Southern Financial is a client of Deutsche Bank, involved in a dispersion option transaction. |
Notable Quotes 3
"please note that Southern Financial did not unwind the dispersion option today as we were away from the 2.00% limit per my conversation with you and Darren."
"The indicative bid is currently 0.90% since there is little time left to expiry and the time decay is significant."
"One more point worth mentioning - the realized dispersion when we spoke on Wednesday was - 9.95%. This decline from 9.95% to 9.41% would also affect the indicative bid of the option."
Financial Information
Amounts:9.95%9.41%2.00%0.90%9.886.3919,628.762,081.583,346.93
Transactions:
- Dispersion Call Option
- Unwind the dispersion option
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 2
Deutsche Bank Securities Inc.Southern Financial
Financial Entities 1
Deutsche Bank
Text Analysis
- Tone
- Professional
- Purpose
- To provide an update on the dispersion call option and the realized dispersion percentage.
- Significance
- The email provides information about a financial transaction and the factors affecting its value.
File Info
- File Name
- EFTA01376901.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:00.593176
- DOJ Source
- View on DOJ