Costs & Charges Disclosure for Corporate Bank and Investment Bank Clients
The total costs and charges of an investment in financial instruments consist of costs and charges in connection with the financial instrument or product, and the costs and charges in connection with the investment or ancillary service.
Product costs and charges are associated with the manufacturing and managing of the financial instruments. Such costs and charges are incurred or specified by the manufacturer of the financial instruments (issuers for bonds and certificates, Deutsche Bank in the case of OTC transactions entered into with Deutsche Bank) and applied to the financial instruments (e.g. issuer margin for a certificate and elements of pricing not associated with market risk in the context of a OTC transactions) or taken into account in the overall pricing of the financial instrument.
Service costs and charges are associated with the provision of investment and ancillary services. The service costs and charges are payable by the investor to Deutsche Bank.
Placement fees or trailer fees paid to Deutsche Bank as sales remuneration in connection with the provision of an investment service or ancillary service will also be attributed to the service costs and charges.
The bank will provide cost information to retail classified clients as well as professional clients in case of investment advice before accepting buy/sell orders relating to financial instruments. The cost information will include information on total costs, costs of the financial instrument or financial instruments, costs of the service(s), and the effect of the overall costs and charges on the return of the investment. These clients will receive furthermore an ex-post cost information once a year.
Show content of Corporate Bank Risk Management Solutions (ex Germany, Austria and Switzerland)
1. Bonds
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Corporate Bonds
Convertible Bonds
Other Bonds
2. Credit Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Credit Default Swaps
Credit Index Derivatives
3. Equity Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Equity Swaps
Equity Options
Equity Index Futures
4. Foreign Exchange Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Deliverable Forwards
Deliverable FX Options
Other Foreign Exchange Derivatives
5. Interest Rate Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Bond Options
Fix-To-Floating
Interest Rate Futures
Interest Rate Options
Inflation Swaps
Swaptions
6. Structured Finance
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Structured Finance
7. Securities Financing Transactions
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Securities Financing Transactions
8. Commodity Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Commodity Options
Commodity Swaps
Other Commodity Derivatives
Show content of Corporate Finance Products
Corporate Finance Business Disclosures:
Debt Capital Markets
Equity Capital Markets
High Yield Debt Capital Markets
Mergers & Acquisitions
Corporate Bank, Risk Management Solutions Clients excluding Germany, Austria and Switzerland please click on “Corporate Bank Risk Management Solutions (ex Germany, Austria and Switzerland)”.
Show content of Corporate Security Services and Clearing Clients
Please contact your client representative if you have any questions. Find Deutsche Bank’s Clearing Member Risk Disclosure Document and MiFID II Conditions for Provision of General Clearing Member for Securities Document at db.com/emir under “Clearing and Account Segregation”.
Show content of Investment Bank Products
1. Bonds
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Corporate Bonds
Convertible Bonds
Other Bonds
2. Credit Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Credit Default Swaps
Credit Index Derivatives
3. Equity Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Equity Swaps
Equity Options
Equity Index Futures
4. Foreign Exchange Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Deliverable Forwards
Deliverable FX Options
Other Foreign Exchange Derivatives
5. Interest Rate Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Bond Options
Fix-To-Floating
Interest Rate Futures
Interest Rate Options
Inflation Swaps
Swaptions
6. Structured Finance
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Structured Finance
7. Securities Financing Transactions
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Securities Financing Transactions
8. Commodity Derivatives
Investment Bank Products Cost Disclosure Documents per ESMA Sub Asset Class:
Commodity Options
Commodity Swaps
Other Commodity Derivatives
Show content of Investment Bank Investment Services
1.Cash Equity
Global Markets Investment Services Cost Disclosure Documents per ESMA Sub Asset Class:
Cash Equity
2. Fixed Income Prime Brokerage
Global Markets Investment Services Cost Disclosure Documents per ESMA Sub Asset Class:
Fixed Income Prime Brokerage
3. Foreign Exchange Prime Brokerage
Global Markets Investment Services Cost Disclosure Documents per ESMA Sub Asset Class:
Foreign Exchange Prime Brokerage
4. Listed Derivatives
Global Markets Investment Services Cost Disclosure Documents per ESMA Sub Asset Class:
Combined listed derivatives execution and clearing disclosure
Listed Derivatives Clearing services only
Listed Derivatives Execution services only
5. Cleared OTC
Global Markets Investment Services Cost Disclosure Documents per ESMA Sub Asset Class:
Cleared OTC