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17:55 Jan 9, 2008
English to German translations [PRO] Bus/Financial - Investment / Securities
English term or phrase:competitive market maker
I am working on a set of appraisal papers. Under the financial key result areas for the COO the following are listed:
Turnover Trading and Brokerage
Variable costs versus profit before tax
Profit before tax versus personnel fixed + variable costs
Minimal profitability per trader
Lowering of transaction costs
Number of PMM/CMM
Exchange market share
Corporate income Tax
The client informed me that PMM stands for Primary Market Maker and CMM for Competitive Market Maker.
Could you please advise whether the English terminology is used in German or whether there is an equivalent.