LatAm FX and Rates Analytics

Research evidence excerpt

LatAm FX and Rates Analytics

es and options trading, losses may be incurred that are greater than the amount of

funds initially deposited – up to theoretically unlimited losses. Trading in options involves risk and is not suitable for all

investors. Prior to buying or selling an option, investors must review the "Characteristics and Risks of Standardized

Options”, at https://www.theocc.com/company-information/documents-and-archives/options-disclosure-document. If

you are unable to access the website, please contact your Deutsche Bank representative for a copy of this important

document.

Participants in foreign exchange transactions may incur risks arising from several factors, including the following: (i)

exchange rates can be volatile and are subject to large fluctuations; (ii) the value of currencies may be affected by

numerous market factors, including world and national economic, political and regulatory events, events in equity and

debt markets and changes in interest rates; and (iii) currencies may be subject to devaluation or government-imposed

exchange controls, which could affect the value of the currency. Investors in securities such as ADRs, whose values are

affected by the currency of an underlying security, effectively assume currency risk.

Unless governing law provides otherwise, all transactions should be executed through the Deutsche Bank entity in the

investor's home jurisdiction. Aside from within this report, important conflict disclosures can also be found at

https://research.db.com/Research/ on each company’s research page or under the ‘Disclosures’ tab. Investors are strongly

encouraged to review this information before investing.

Deutsche Bank (which includes Deutsche Bank AG, its branches and affiliated companies) is not acting as a financial