CD Desk Agent -- AI New-Issue CD Trader

Trade ReferenceCD-2026-0891

InstrumentGS Bank USA 5.05% 6mo

Par$500,000

Fill Price100.00

Total Emails5

Elapsed (recv to confirm)4m 34s

Complete email lifecycle for a single new-issue CD trade. Every message is logged, hashed, and archived (17a-4 / WORM).

01 UNDERWRITER LAUNCH EMAIL INBOUND to cd@email.com

FromNick Golding <nygolding@inspereX.com> (InspereX LLC)

Tocd@email.com

DateThu, 08 May 2026 07:32:14 -0400

SubjectMorning New Issue CD List -- 05/08/2026 -- 12 CUSIPs

ParseAuto-Parsed 97% confidence Method: HTML_TABLE 12 CUSIPs extracted

InspereX New Issue CD Offering List — May 8, 2026

Available for same-day indication. Settlement: T+1 (05/09/2026). All prices at par unless noted. Subject to availability.

Issuer	CUSIP	Coupon	Maturity	Type	Call	Pmnt Freq	Min Denom	Reoffer	Par Avail.
Goldman Sachs Bank USA	38141GXP4	5.05%	11/15/2026	Fixed	None	At Mat.	$1,000	99.750	$8,000,000
JPMorgan Chase Bank NA	46625JAB1	5.10%	08/12/2026	Fixed	None	At Mat.	$1,000	99.875	$20,000,000
Discover Bank	25467LMN5	4.90%	05/15/2027	Fixed	None	Monthly	$1,000	99.900	$6,000,000
+ 9 additional offerings — view full list in Offering Book

This communication is for broker-dealer use only. Not for distribution to retail customers. InspereX LLC, Member FINRA/SIPC.

AI parsed in 0.4s — 97% confidence — Goldman Sachs 5.05% flagged as best execution (6-month bucket)

02 CUSTOMER INDICATION OF INTEREST INBOUND from customer rep

FromAccount ACC-8812 via CleverAlpha Securities OMS (Automated)

ToCD Desk Agent <cd@email.com>

DateThu, 08 May 2026 08:14:02 -0400

SubjectIOI -- Goldman Sachs Bank USA 5.05% 11/15/2026 -- $500,000

SourceOMS ticket submission — suitability pre-checked, cash cleared at custodian

Indication of Interest — New Issue CD

AccountACC-8812

CUSIP38141GXP4

IssuerGoldman Sachs Bank USA

Coupon5.05% Fixed, At Maturity

MaturityNovember 15, 2026

Par Amount$500,000.00

Customer Price100.00 (par)

Accept PartialsYes — min $1,000 denomination

SuitabilityPASSED (pre-checked)

Cash AvailableCLEARED at custodian

All new-issue CD purchases are subject to availability and subject to change without notice. Customer acknowledges purchase price of 100.00 (par value). FDIC insured up to applicable limits.

Validated in 0.1s — par reserved on offering — 90s soft hold started — AI drafting outbound IOI to underwriter

03 CDexplorer IOI TO UNDERWRITER OUTBOUND from cd@email.com Shadow -- not transmitted

FromCD Desk Agent <cd@email.com> (CDexplorer / CleverAlpha Securities)

ToNick Golding <nygolding@inspereX.com>

DateThu, 08 May 2026 08:14:03 -0400

SubjectIOI -- Goldman Sachs Bank USA 5.05% Due 11/15/2026 CUSIP 38141GXP4 -- $500,000 Par

Reply-Tocd@email.com

X-CDDESK-TICKETCD-2026-0891|38141GXP4|500000|100.00|2026-05-09|ACC-8812|sha256:a3f8c2d1...

Indication of Interest — New Issue CD

Dear Nick,

CDexplorer (CleverAlpha Securities) submits the following indication of interest on behalf of our customer:

CUSIP38141GXP4

IssuerGoldman Sachs Bank USA

Coupon / Type5.05% Fixed, At Maturity

MaturityNovember 15, 2026

Par Amount$500,000.00

Price100.00 (par) — customer price is always 100.00

SettlementT+1 — May 9, 2026 (DTC)

Accept PartialsYes — min $1,000

FirmCleverAlpha Securities (ClrAlpSec) / DTC Participant #XXXX

Please reply to this email with confirmation of fill, partial fill, or unable to fill. A unique ticket marker is embedded in the X-CDDESK-TICKET header for deterministic match on your reply.

This indication is subject to availability. All transactions subject to FINRA Rule 2232, SEC Rule 10b-10, and applicable FDIC insurance disclosure requirements.

Best regards,
CD Desk Agent — CDexplorer
CleverAlpha Securities
cd@email.com | www.CDexplorer.com

AI-generated and queued in 0.9s — shadow mode: suppressed (not transmitted) — logged to audit chain

04 UNDERWRITER FILL CONFIRMATION INBOUND to cd@email.com

FromNick Golding <nygolding@inspereX.com> (InspereX LLC)

Tocd@email.com

DateThu, 08 May 2026 08:16:47 -0400 (+2m 44s from IOI)

SubjectRE: IOI -- Goldman Sachs Bank USA 5.05% Due 11/15/2026 CUSIP 38141GXP4 -- $500,000 Par

Match MethodDeterministic X-CDDESK-TICKET header matched — no ambiguity

CONFIRMED — Fill at Par

Hi,

We are pleased to confirm the following fill on your indication:

CUSIP38141GXP4

IssuerGoldman Sachs Bank USA

Coupon5.05% Fixed

MaturityNovember 15, 2026

Par Filled$500,000.00 (full fill)

Buy Price99.750 (dealer reoffer) — spread retained by InspereX

Customer Price100.00 (par) — as ordered

SettlementMay 9, 2026 (DTC, T+1)

Ticket RefCD-2026-0891

This confirmation is subject to final settlement. FDIC insurance applies per depositor per insured bank, up to applicable limits. Goldman Sachs Bank USA is an FDIC-insured depository institution (Cert #32148).

Nick Golding — InspereX LLC — Member FINRA/SIPC

AI matched in 0.2s via ticket marker — ticket state machine advanced to FILLED — customer confirm drafted

05 CUSTOMER ORDER CONFIRMATION OUTBOUND to customer Shadow -- not transmitted

FromCDexplorer <cd@email.com>

Tocustomer-acc8812@cleveralphasecurities.com (Account ACC-8812)

DateThu, 08 May 2026 08:16:48 -0400 (+1s from confirmation received)

SubjectYour CD Order Has Been Filled — Goldman Sachs Bank USA 5.05% Due 11/15/2026

Order Filled — Congratulations

Your indication of interest has been filled in full. Details below:

InstrumentCertificate of Deposit (New Issue)

IssuerGoldman Sachs Bank USA

CUSIP38141GXP4

Coupon Rate5.05% per annum, Fixed

Payment FrequencyAt Maturity

Maturity DateNovember 15, 2026

Par Amount Purchased$500,000.00

Your Purchase Price100.00 — par value

Total Amount Due$500,000.00

Settlement DateMay 9, 2026 (T+1)

CallableNo — non-callable to maturity

Survivor OptionNo

FDIC InsuranceInsured (Goldman Sachs Bank USA, Cert #32148) — up to applicable limits per depositor

Ticket ReferenceCD-2026-0891

Your Interest Payment at Maturity
At maturity on November 15, 2026, you will receive $500,000.00 principal plus $12,541.67 interest (5.05% x $500K x 182/360). Total: $512,541.67.

This confirmation is provided pursuant to SEC Rule 10b-10 and FINRA Rule 2232. The CD is a deposit obligation of Goldman Sachs Bank USA and is not a security of, or guaranteed by, CleverAlpha Securities, InspereX LLC, or any affiliate. FDIC insurance covers principal and accrued interest up to $250,000 per depositor per insured institution per ownership category. Amounts above FDIC limits are not insured.

Thank you for trading on CDexplorer.
CD Desk Agent — CDexplorer — CleverAlpha Securities
cd@email.com | www.CDexplorer.com

Trade Lifecycle Summary