The document discusses the potential impact of limited liquidity of a reference currency on the value of financial notes. It highlights the difficulties in buying or selling currencies and derivatives contracts during adverse market conditions, and how reduced liquidity on the Final Valuation Date could adversely affect the Final Spot Rate and the return of the notes. It also mentions the role of HSBC USA Inc. or its affiliates as the Calculation Agent.
doj/DataSet10/EFTA01450387.pdf
{"document_date":"2013-10-29","document_type":"financial","document_subtype":"financial note","key_organizations":["HSBC USA Inc."],"reference_numbers":["DB-SDNY-0105988","SDNY_GM_00252172","EFTA01450387"]}