Authorization letter to Deutsche Bank Securities Inc. for trading equity securities outside of normal business hours. The letter outlines the risks associated with such trading, including lower liquidity, higher volatility, changing prices, unlinked markets, news announcements, wider spreads, and lack of calculation or dissemination of underlying index value. It also mentions restrictions applicable to trading of securities governed by ARCA.
doj/DataSet10/EFTA01381206.pdf
{"document_type":"correspondence","document_subtype":"authorization letter","key_organizations":["Deutsche Bank Securities Inc."],"reference_numbers":["WM156657 021318.060415","DB-SDNY-0080006","SDNY_GM_00226190","EFTA01381206"]}