DEUTSCHE BANK SECURITIES INC/
13F-NT, 1999-11-15
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                     UNITED STATES
           SECURITIES AND EXCHANGE COMMISSION
              	 Washington, D.C. 20549

               		Form 13F
                  Form 13F COVER PAGE

Report for the Calendar Year or Quarter Ended:
        SEPTEMBER 30, 1999

Check here if Amendment [  ];
  Amendment Number:  _______
  This Amendment (Check only one):
        [   ] is a restatement.
        [   ] adds new holdings entries.

Institutional Investment Manager Filing this Report:
	Name:	  DEUTSCHE BANK SECURITIES INC.
	Address:  31 WEST 52ND STREET
                  NEW YORK, NEW YORK  10019

	Form 13F File Number:  28-

The institutional investment manager filing this report and the person
by whom it is signed hereby represent that the person signing the report
is authorized to submit it, that all information contained herein is
true, correct and complete, and that it is understood that all required
items, statements, schedules, lists, and tables, are considered integral
parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
	Name:    DAMIAN REITEMEYER
	Title:   PRINCIPAL
	Phone:   212-250-4599

Signature, Place, and Date of Signing:
	DAMIAN REITEMEYER,
	NEW YORK, NEW YORK,
	NOVEMBER 15, 1999

Report type (Check only one):
  [  ]  13F HOLDINGS REPORT.  (Check here if all holdings of this reporting
        manager are reported in this report.)
  [ X]  13F NOTICE.  (Check here if no holdings reported are in this report,
        and all holdings are reported by other reporting manager(s).)
  [  ]  13F COMBINATION REPORT.  (Check here if a portion of the holdings for
        this reporting manager are reported in this report and a portion are
        reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:
         Form 13F File Number  28-04987
	 Name                  Taunus Corporation







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