Illegal Activity
none
Blackmail
none
Date
2019-02-07
Document Type
email
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This email chain discusses the sale of a bond, currency exchange, and unwinding of a hedge related to an OTC trade for Southern Financial LLC, coordinated between Richard Kahn of HBRK Associates Inc. and Liam O'Sullivan and Davide Sferrazza of Deutsche Bank. The communication details the transactions, market prices, and the client's assets held as collateral.
Metadata
- Subject
- Re: SF OTC trade on the books [C]
- Sender
- Richard Kahn
- Recipients
- Liam Osullivan, Darren Indyke, Stewart Oldfield, Martin Zeman, Davide-A Sferrazza
- Document ID
- —
- Date
- 2019-02-07
Relationships 5
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Richard Kahn | business | Liam Osullivan | Email correspondence regarding SF OTC trade |
| Richard Kahn | employment | HBRK Associates Inc. | Richard Kahn works at HBRK Associates Inc. |
| Liam Osullivan | employment | DB Securities Inc | Liam O'Sullivan works at DB Securities Inc |
| Davide Sferrazza | employment | Deutsche Bank Securities Inc. | Davide Sferrazza works at Deutsche Bank Securities Inc. |
| Southern Financial LLC | business | Deutsche Bank | Southern Financial LLC is a client of Deutsche Bank |
Notable Quotes 3
please sell this bond at 101.25 or better
once bond settles i would like to exchange euros for USD then take off our hedge
You have one outstanding OTC position on, which should be straightforward to unwind. Note that it is hedging a bond you own.
Financial Information
Amounts:2,500m101.275 Euros2,588,924.52 Euros1.133342,500m101.25EUR 2.5mm2,500,000.000099.62002,490,500 001.140702,840,913.35$87k100k100,000.0000175.460017,546,000.001.0000017,546,000.0073,091.33001.000073,091.331.0000073,091.33
Assets:
- COFP 4.407 08/06/19
- EURUSD forward
- AAPL (APPLE INC COM) shares
- Cash from dividends
- INSURED DEPOSITS PROGRAM
Transactions:
- Sold 2,500m COFP 4.407 08/06/19 at 101.275 Euros
- Sold 2,588,924.52 Euros at 1.13334
- EURUSD forward (v/d 06 Aug 19)
- Unwind the FX hedge
- Move assets from the collateral account to the main trading account
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealingsCommunications/correspondence
Organizations 8
HBRK Associates Inc.DB Securities IncDeutsche Bank Wealth ManagementDeutsche BankInstitutional Wealth PartnersIWPSouthern Financial LLCFINRA
Locations 3
New York, NY575 Lexington Avenue 4th Floor, New York, NY 10022345 Park Avenue, New York, NY 10154-0004, USA
Financial Entities 1
Pershing NetX 360
Text Analysis
- Tone
- professional
- Purpose
- To communicate and coordinate the sale of a bond, exchange of currencies, and unwinding of a hedge related to an OTC trade for Southern Financial LLC.
- Significance
- This document provides insight into the financial transactions and communications between Richard Kahn of HBRK Associates Inc. and Liam O'Sullivan and Davide Sferrazza of Deutsche Bank regarding an OTC trade and related hedging activities for a client, Southern Financial LLC.
File Info
- File Name
- EFTA01430961.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:28.146639
- DOJ Source
- View on DOJ