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

Orderzusatz

English translation: order restriction

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Orderzusatz
English translation:order restriction
Entered by: Beate Lutzebaeck

08:06 May 30, 2004
German to English translations [PRO]
Bus/Financial - Investment / Securities / Stock trading
German term or phrase: Orderzusatz
From an RfP questionnaire:

Stellen Sie bitte den typischen Handelsablauf für [fund product] dar. Gehen Sie dabei insbesondere auf die Zusammenfassung von Orders (Pooling), die Wahl des Orderwegs, der Transaktionsform (inkl. block trade, program trade) und des Orderzusatzes ein.

As I understand it, Orderzusatz refers to the further description of a trade as "fill or kill", etc - but what does the financial world call this in English?

Please only answers from colleagues with a sound understanding of asset management and related areas - thank you.
Beate Lutzebaeck
New Zealand
Local time: 05:15
order restriction
Explanation:
There's no uniform term covering all markets/market models, but "order restriction" is pretty much established. Your assumption that this would refer to FOK/IOC is correct; other restrictions include "MOC" (market on close) or "OCO" (one cancels the other - when placing contingent orders).

Note that this refers to *orders*, not *trades*.

HTH, Ralf
Selected response from:

Ralf Lemster
Germany
Local time: 19:15
Grading comment
Danke dir - auch für den Hinweis, dass es hier nicht um den Abschluss, sondern die Order geht.
4 KudoZ points were awarded for this answer



Summary of answers provided
5order restriction
Ralf Lemster


  

Answers


1 hr   confidence: Answerer confidence 5/5
order restriction


Explanation:
There's no uniform term covering all markets/market models, but "order restriction" is pretty much established. Your assumption that this would refer to FOK/IOC is correct; other restrictions include "MOC" (market on close) or "OCO" (one cancels the other - when placing contingent orders).

Note that this refers to *orders*, not *trades*.

HTH, Ralf

Ralf Lemster
Germany
Local time: 19:15
Specializes in field
Native speaker of: German
PRO pts in category: 475
Grading comment
Danke dir - auch für den Hinweis, dass es hier nicht um den Abschluss, sondern die Order geht.
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