Glossary entry (derived from question below)
German term or phrase:
Marginleistung
English translation:
margin
Added to glossary by
Beate Lutzebaeck
Jan 17, 2002 22:03
22 yrs ago
German term
Marginleistung
German to English
Bus/Financial
Investment / Securities
Derivatives trading, me thinks
Comes up in an agreement on collateralised foreign exchange transactions, the entire sentence reads: "Der Vertragspartner verpflichtet sich, zugunsten seiner Gläubiger keine Sicherheiten zu bestellen, Marginleistungen zu gewähren oder sonstige Vereinbarungen zu treffen, die der Sicherung der Ansprüche eines oder mehrerer Gläubiger des Vertragspartners aus Verpflichtungen, die sich nicht aus Finanzgeschäften ergeben, dienen."
Is Marginleistung the same as Margenzahlung/Einschuss => margin payment? Please no guessing, I'd rather have no answers at all - thank you.
Is Marginleistung the same as Margenzahlung/Einschuss => margin payment? Please no guessing, I'd rather have no answers at all - thank you.
Proposed translations
(English)
5 | margin | Ralf Lemster |
5 | guaranteed margin or yield | Eva Blanar |
3 | margin payment | Klaus Dorn (X) |
Change log
Jan 20, 2015 16:24: Steffen Walter changed "Field (specific)" from "(none)" to "Investment / Securities"
Proposed translations
21 mins
Selected
margin
Your assumption is correct; this covenant prevents the counterparty from providing margin [collateral] to any third-party creditor - margin being just one of the alternatives in covering one's obligations.
(BTW - no guessing here...*g*)
(BTW - no guessing here...*g*)
4 KudoZ points awarded for this answer.
Comment: "Re guessing - I had actually hoped you would answer ... ;-)"
21 mins
guaranteed margin or yield
That is, the financial intermediary does not take the obligation of a certain "performance" (Leistung), regarding the margin / yield achieved.
(The word applicable depends on the kind of the forex transaction.)
(The word applicable depends on the kind of the forex transaction.)
23 mins
margin payment
From the EUREX website:
Aus diesem Grund muss vom Optionskäufer keine Marginleistung erhoben werden, da von ihm, sobald er die Optionsprämie gezahlt hat, kein Erfüllungsrisiko mehr ausgeht.
For this reason, the options buyer is not required to put up any margin because, once the options premium has been paid in full, no risk of non-performance of the contractual provisions remains.
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Note added at 2002-01-17 22:33:41 (GMT)
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you can add the word \"payment\" as an option
Aus diesem Grund muss vom Optionskäufer keine Marginleistung erhoben werden, da von ihm, sobald er die Optionsprämie gezahlt hat, kein Erfüllungsrisiko mehr ausgeht.
For this reason, the options buyer is not required to put up any margin because, once the options premium has been paid in full, no risk of non-performance of the contractual provisions remains.
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Note added at 2002-01-17 22:33:41 (GMT)
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you can add the word \"payment\" as an option
Reference:
http://www.eurex.ch/index2.html?mp&4&10&marketplace/clearing_riskbased_rbm_2_de.html
http://www.eurex.ch/index2.html?mp&4&10&marketplace/clearing_riskbased_rbm_2_en.html
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