Authorization letter to Deutsche Bank Securities Inc. for trading equity securities outside normal trading 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 values. It also specifies restrictions applicable to trading securities governed by ARCA.
doj/DataSet10/EFTA01374410.pdf
{"title":"Trading Outside Of Normal Business Hours Authorization Letter","document_type":"correspondence","document_subtype":"authorization letter","key_organizations":["Deutsche Bank Securities Inc."],"reference_numbers":["WM156657 021318.080415","DB-SDNY-0069078","SDNY_GM_00215262","EFTA01374410"]}