A memo discussing a EURUSD forward trade executed on 12-Sep-2018 with a maturity date of 08-Aug-2019. The trade is in favor of the client with a MtM of $87k. Southern Financial LLC holds 100k shares of AAPL and cash from dividends as collateral for OTC trades. The client needs to unwind the FX hedge to consolidate assets from the collateral account to the main trading account.
doj/DataSet10/EFTA01372936.pdf
{"key_people":["Davide Sferrazza"],"document_type":"correspondence","key_locations":["New York, NY, USA"],"document_subtype":"memo","key_organizations":["Deutsche Bank Securities Inc.","Deutsche Bank Wealth Management","Southern Financial LLC"],"reference_numbers":["226824708","8857862413"]}