This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. German to English
  3. Investment / Securities

Gegengeschäft

English translation: reverse (repo) transaction

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Gegengeschäft
English translation:reverse (repo) transaction
Entered by: Natalie Wilcock (X)

06:52 Jun 26, 2007
German to English translations [PRO]
Bus/Financial - Investment / Securities / Repos
German term or phrase: Gegengeschäft
Wondering about the correct term for "Gegengeschäft" in this context:

Repos und ihre Gegengeschäfte werden vom Portfoliomanagement in System erfasst.
Natalie Wilcock (X)
Local time: 10:45
reverse (repo) transaction
Explanation:
... seems fairly common in this context. Another option might be "offsetting transaction".

See example at

http://www.bankofengland.co.uk/mfsd/iadb/notesiadb/gilt_repo...
"DEFINITIONS

Repo and ***reverse repo transactions*** are those conducted under the Gilt Repo Legal Agreement (comprising TBMA/ISMA Global Master Repurchase Agreement with gilts annex) or equivalent documentation. Transaction valuations reflect the cash amount of each outstanding transaction. Outstanding transactions are those that have been entered into, but for which the second leg has not been settled."
Selected response from:

Steffen Walter
Germany
Local time: 10:45
Grading comment
Thanks a lot Steffen. Hope you are well. Regards, Natalie
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1reverse (repo) transaction
Steffen Walter
4 -1barter business
Sybille Brückner


  

Answers


24 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
reverse (repo) transaction


Explanation:
... seems fairly common in this context. Another option might be "offsetting transaction".

See example at

http://www.bankofengland.co.uk/mfsd/iadb/notesiadb/gilt_repo...
"DEFINITIONS

Repo and ***reverse repo transactions*** are those conducted under the Gilt Repo Legal Agreement (comprising TBMA/ISMA Global Master Repurchase Agreement with gilts annex) or equivalent documentation. Transaction valuations reflect the cash amount of each outstanding transaction. Outstanding transactions are those that have been entered into, but for which the second leg has not been settled."



    Reference: http://www.ecb.int/home/glossary/html/glossr.en.html
Steffen Walter
Germany
Local time: 10:45
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 173
Grading comment
Thanks a lot Steffen. Hope you are well. Regards, Natalie

Peer comments on this answer (and responses from the answerer)
agree  Ralf Lemster: Exactly.
5 hrs
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
barter business


Explanation:
I think

Sybille Brückner
Germany
Local time: 10:45
Native speaker of: Native in GermanGerman

Peer comments on this answer (and responses from the answerer)
disagree  Ralf Lemster: Not in the context of securities repuchase transactions
4 hrs
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search