A memo from Davide Sferrazza of Deutsche Bank Securities Inc. discussing the collateral held by Southern Financial LLC for OTC trades, including 100k shares of AAPL and cash from dividends. The memo suggests unwinding the FX hedge to consolidate assets from the collateral account to the main trading account.
doj/DataSet10/EFTA01379831.pdf
{"key_people":["Davide Sferrazza"],"document_type":"correspondence","key_locations":["New York, NY"],"document_subtype":"memo","key_organizations":["Southern Financial LLC","Deutsche Bank Securities Inc.","Deutsche Bank Wealth Management"]}