Eigenbestand

English translation: order against their (his) own (stock) portfolio

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Order gegen den Eigenbestand
English translation:order against their (his) own (stock) portfolio
Entered by: Steffen Walter

11:36 Jun 12, 2008
German to English translations [PRO]
Bus/Financial - Investment / Securities / Financial Review
German term or phrase: Eigenbestand
I'm having difficulty with the phrase 'Order gegen den Eigenbestand' in the following sentence. Can anyone help me out here please? Many thanks in advance.

Der bisherige gesetzliche Börsenvorrang nach § 22 Börsengesetz entfällt, vielmehr muss ein Unternehmen auch alternative Handelsplätze wie multilaterale Handelssysteme oder die Ausführung einer Order gegen den Eigenbestand in Betracht ziehen.
ndoyle (X)
Local time: 20:47
Order against their (his) own (stock) portfolio
Explanation:
I have seen this translated like this before although I do not understand how that works. :)
Selected response from:

TDfreelance
Local time: 15:47
Grading comment
Sounds good to me. Many thanks TDfreelance.
4 KudoZ points were awarded for this answer



Summary of answers provided
3Order against their (his) own (stock) portfolio
TDfreelance
2own holdings
LalithaN
1own portfolio
andres-larsen


  

Answers


19 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Order against their (his) own (stock) portfolio


Explanation:
I have seen this translated like this before although I do not understand how that works. :)

TDfreelance
Local time: 15:47
Works in field
Native speaker of: Native in GermanGerman
PRO pts in category: 4
Grading comment
Sounds good to me. Many thanks TDfreelance.
Login to enter a peer comment (or grade)

2 hrs   confidence: Answerer confidence 1/5Answerer confidence 1/5
own portfolio


Explanation:
The previously legally valid preferred stock exchange option according to § 22 of the Stock Exchange Act (Law) is hereby repealed, obliging companies from now on to seek out potential alternative stock trading options such as multilateral stock trading systems or trading orders against their own stock portfolios.

andres-larsen
Venezuela
Local time: 15:47
Native speaker of: Native in EnglishEnglish
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7 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5



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