This document is a notification from Deutsche Bank AG to its swap counterparties regarding their rights under CFTC rule 23.701. It informs counterparties of their right to elect segregation of Initial Margin (IM) for uncleared swaps and outlines the necessary steps and documentation required for such segregation. The document also provides a list of acceptable custodians for IM segregation and details the pricing information related to custodial services. Counterparties are required to confirm receipt of the notice and make an election regarding IM segregation.
documents/vol00010-efta01471503-pdf.pdf
{"title":"2014 Notification of Right to Segregation of Initial Margin Posted in Respect of Uncleared Swaps Pursuant to CFTC Rule 23.701","key_people":["Deutsche Bank AG"],"document_date":"April 25, 2014","document_type":"correspondence","key_organizations":["Deutsche Bank AG","State Street Bank and Trust Company","Deutsche Bank Trust Company Americas"],"reference_numbers":["EFTA01471503","EFTA01471504","EFTA01471505","EFTA01471506","EFTA01471507","EFTA01471508","EFTA01471509","EFTA01471510","EFTA01471511"]}