A memo from Daniel Sabba, Director at Deutsche Bank Securities Inc, discussing derivatives as financial transactions based on market factors. It highlights the risks involved in over-the-counter (OTC) derivative transactions, including market, counterparty default, and illiquidity risks.
documents/vol00010-efta01365033-pdf.pdf
{"key_people":["Daniel Sabba"],"document_type":"correspondence","key_locations":["345 Park Avenue, 26th Floor, New York, NY 10154"],"document_subtype":"memo","key_organizations":["Deutsche Bank Securities Inc","Deutsche Asset & Wealth Management"]}