English to Spanish translations [PRO]
Bus/Financial - Law: Patents, Trademarks, Copyright / Licence Agreement | | English term or phrase: open middle market spot rate of exchange | | () shall convert any Net Sales Price not expressed in any of the Accepted Currencies to one of the Accepted Currencies at the open middle market spot rate of exchange in London as published in The Financial Times (or any such other published source as MSCI may reasonably select). |
| Martha CFKudoZ activityQuestions: 137 ( 2 open) ( 3 without valid answers) ( 8 closed without grading) Answers: 150
| Local time: 12:00
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| | Selected response from:
  Rafael Molina Pulgar
Mexico
Local time: 05:00
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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3 hrs confidence:  
11 mins confidence: peer agreement (net): +2 tipo de cambio medio al contado en el mercado abierto
Explanation:
[PDF]
Preguntas frecuentes - Banco de México
www.banxico.org.mx/...mercado.../{59D7E3B...
El tipo de cambio se determina libremente en el mercado sin la intervención de las autoridades ... promedio de cotizaciones del mercado de cambios al mayoreo y que son obtenidas de ... lo que se conoce como mercado al contado. El término ... dólares se esterilizan a través de las operaciones de mercado abierto. Cabe ..
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Note added at 15 hrs (2012-02-10 12:25:48 GMT)
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Martha:
El market es el "exchange rate market". En términos de cambio, el middle rate es el promedio entre el tipo vendedor y comprador en el mercado. La siguiente referencia te lo deja bien claro:
Bank of England | Statistics | Interactive Database | Explanatory ...
www.bankofengland.co.uk › Statistics › Interactive Database
The data represent indicative middle market (mean of spot buying and selling) rates as observed by the Bank's Foreign Exchange Desk in the London interbank ...
Definition of 'Middle Rate'
A term used to describe the average rate agreed upon when conducting foreign exchange. The middle rate is calculated using the median average of the bid and offer rates. The middle rate intuitively is the rate in the middle of the prices offered by the market makers.
Read more: http://www.investopedia.com/terms/m/middle-rate.asp#ixzz1lys...
| patinba
Argentina
Local time: 07:00
Native speaker of:  English
PRO pts in category: 19
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| | Notes to answerer
Asker: Gracias patinba pero "middle" modifica a market y no a exchange rate.
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