EFTA01373967.txt Text dataset_10 View on DOJ

Illegal Activity
none
Blackmail
none
Date
2016-06-29
Document Type
email
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
Stewart Oldfield informs Richard Kahn that a single basket swap is inefficient due to low liquidity and suggests building positions directly in Kahn's account for regular margin. He explains the challenges in reaching a decent notional trade size and apologizes for the back and forth communication.
Metadata
Subject
preferred swap
Sender
Stewart Oldfield
Recipients
Richard Kahn
Document ID
DB-SDNY-0068431
Date
2016-06-29
Relationships 1
Entity 1RelationshipEntity 2Description
Stewart Oldfield business Richard Kahn Stewart Oldfield is communicating with Richard Kahn regarding a swap transaction.
Notable Quotes 2
Given the relatively low liquidity of the underlyings, it will be too inefficient to trade this as a single basket swap and the margin requirement would not be much different from regular margin in a brokerage account.
So the best alternative is to build positions directly in your account and use them for regular margin.
Financial Information
Amounts:$20mm
Transactions:
  • basket swap
  • build positions directly in your account and use them for regular margin
Raw Analysis JSON click to expand
Themes
Financial transactions/money flowBusiness dealingsCommunications/correspondence
Organizations 3
Deutsche Bank Trust Company AmericaDeutsche Bank Wealth ManagementDeutsche Bank Securities Inc.
Locations 1
345 Park Avenue New York, NY 10154
Financial Entities 1
Deutsche Bank
Text Analysis
Tone
Professional
Purpose
To inform Richard Kahn about the feasibility of a swap transaction and suggest an alternative approach.
Significance
The email discusses the complexities of structuring a swap transaction due to liquidity issues and proposes an alternative strategy.
File Info
File Name
EFTA01373967.txt
Dataset
dataset_10
Type
Text
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41:30.708294
DOJ Source
View on DOJ