Illegal Activity
none
Blackmail
none
Date
2016-06-06
Document Type
email
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This email exchange discusses pricing indications for WTI risk reversals. Vahe Stepanian provides Richard Kahn with refreshed indications, noting that the levels are not tradable and that the Credit Risk Management team requires 40% Initial Amount (IA) in cash or treasures.
Metadata
- Subject
- RE: indication on WTI risk reversals [C]
- Sender
- Vahe Stepanian
- Recipients
- Richard Kahn
- Document ID
- EFTA01431868.txt
- Date
- 2016-06-06
Relationships 4
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Vahe Stepanian | business | Richard Kahn | Vahe Stepanian is responding to Richard Kahn's request for pricing on WTI risk reversals. |
| Richard Kahn | employment | HBRK Associates Inc. | Richard Kahn works at HBRK Associates Inc. |
| Daniel Sabba | employment | Deutsche Bank Securities Inc. | Daniel Sabba works at Deutsche Bank Securities Inc. |
| Southern Financial | business | ISDA | Structures to be executed through Southern Financial's ISDA. |
Notable Quotes 3
i understand it may not be cashless however Jeffrey would like to see that level of pricing
these levels are not tradable
they would require 40% IA for the below transactions in cash or treasures (i.e. approx. $20mm on 1mm barrels of WTI).
Financial Information
Amounts:45555047.0048.9049.8549.5545.9050.446.505120mm1mm
Assets:
- WTI futures
- calls
- puts
- cash
- treasures
- 1mm barrels of WTI
Transactions:
- WTI risk reversals
- Premium neutral risk reversals on WTI
- Southern financial buys calls and sells puts for zero net premium
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealingsCommunications/correspondence
Organizations 5
HBRK Associates Inc.Southern FinancialDeutsche Bank Securities Inc.Deutsche BankCredit Risk Management team
Locations 4
New YorkNY575 Lexington Avenue 4th FloorNew York, NY 10022
Financial Entities 1
Deutsche Bank
Text Analysis
- Tone
- Professional
- Purpose
- To provide pricing indications for WTI risk reversals and to inform Richard Kahn about the credit risk requirements.
- Significance
- This document shows the communication and pricing of financial instruments (WTI risk reversals) between different financial entities.
File Info
- File Name
- EFTA01431868.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:46.095863
- DOJ Source
- View on DOJ