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Law/Patents - Law (general) / sugar contracts and futures | | Portuguese term or phrase: posição de fixação | Here is the sentence:
Após a rolagem de posição de fixação em Bolsa em razão da não entrega do açúcar e do descumprimento regular do Contrato pela XX, YY foi obregada a efecutar o “buyback” ou recompras das posições de fixação em Bolsa, a fim de liquidar suas posições e evitar prejuízos maiores ….
XX failed to deliver sugar as in contract; YY has had to carry out operations on exchange.
"Rolagem" I assume is "rollover"
"fixação is perhaps "fixing" in some form. It appears regularly in the rest of the document. I need both to understand what is happening, and the usual English way of saying this. |
|  Phillip BerrymanKudoZ activityQuestions: 86 (none open) ( 8 without valid answers) ( 1 closed without grading) Answers: 192
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| Reference: (rolagem de posição) de fixação em Bolsa (de valores)
Reference information:
Rolagem de posição
Liquidação de uma posição no mercado futuro através de operação inversa (compra ou venda); ao mesmo tempo, retomada de posição igual à anterior, para outro vencimento posterior (rolagem para a frente) ou anterior (rolagem para trás).
Position: The term "position" is also used in the context of finance for the amount of securities or commodities held by a person, firm, or institution, and for the ownership status of a person's or institution's investments.
http://en.wikipedia.org/wiki/Position_(finance)
Fixado em Bolsa means the "value" ($) of the position was established at the stock exchange, like the price of shares and commodities are established at the stock exchange, that is, they are determined by supply and demand / active trading.
| Luiza Modesto
Brazil
Native speaker of:  English, Portuguese
PRO pts in category: 39
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The translation workplace 
