Deutsche Bank joins the Open Platform for Unregistered Securities
Deutsche Bank Securities Inc. recently announced that it has finalized an agreement to operate on the Open Platform for Unregistered Securities ("OPUS-5"), the new trading platform for equity securities established in August 2007.
Deutsche Bank believes the OPUS-5 system will allow greater efficiency and transparency for both issuers and investors. The Bank’s entrance into the consortium further bolsters the adoption and applicability of the platform.
OPUS-5 is an open trading platform that will provide trade reservation, shareholder tracking, and transfer management for privately offered equity securities transacted under Rule 144a of the Securities Act of 1933.
The OPUS-5 system was established in August by a consortium of banks with Bank of New York Mellon Corp, the developer of the platform, serving as the independent administrator.
For further information, please call:
Press and Media Relations, Deutsche Bank
John Gallagher 212-250-4516
Scott Helfman 212-250-5602
Deutsche Bank <NYSE: DB> is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 75,140 employees in 75 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Deutsche Bank Securities Inc., member NYSE, NASD and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.