Authorization letter for trading equity securities outside of normal business hours with Deutsche Bank Alex. Brown. The letter outlines the risks associated with extended hours 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 mentions restrictions applicable to trading of securities governed by ARCA.
documents/vol00010-efta01467761-pdf.pdf
{"document_type":"correspondence","document_subtype":"authorization letter","key_organizations":["Deutsche Bank Alex. Brown"],"reference_numbers":["EFTA01467761","EFTA01467762","EFTA01467763"]}