GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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07:56 Jun 10, 2002 |
German to English translations [PRO] Bus/Financial - Investment / Securities / Stock Exchange | |||||||
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| Selected response from: Chris Rowson (X) Local time: 00:56 | ||||||
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Summary of answers provided | ||||
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4 | cancellation |
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2 +1 | confirmations |
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Discussion entries: 3 | |
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confirmations Explanation: I´m not claiming to be completely authoritative here, but what I´ve always seen in Bank back offices is "confirmation". I would use this to translate the whole of "Quittungen (Fachliche Abweise)". I suppose they are transaction confirmations, but I have never seen or heard this in this sort of context. -------------------------------------------------- Note added at 2002-06-10 10:02:38 (GMT) -------------------------------------------------- P.S. I have seen this written into contracts, so it´s not just informal use. I only did OTC contracts at that level though. -------------------------------------------------- Note added at 2002-06-11 13:09:29 (GMT) -------------------------------------------------- It´s gradually becoming clearer to me. Of course Klaus is right, these are the cancellations. I think they are referred to though as \"rejections\" - see http://216.239.37.100/search?q=cache:ZRmQI2YkdNQC:www.nasdr.... though this is for NASDAQ, NYSE, etc. I couldn´t find it for the London ISE, or whatever it´s called now. I do have \"confirmation\" confirmed by the Bank of England: ETC = electronic trading confirmation, but I still can´t find the rejections/cancellations authoritatively for London. I suppose \"we don´t talk about things like that\". :-) I have to go now, but will come back to this later. |
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cancellation Explanation: BTY, if a trade cannot be completed for reasons of insufficient funds in the account, you get a "cancellation notice" or "margin call" if you borrowed money from the broker and exceeded your margin |
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