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The asker opted for community grading. The question was closed on 2009-09-08 14:54:08 based on peer agreement (or, if there were too few peer comments, asker preference.)
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Spanish to English translations [PRO]
Bus/Financial - Finance (general) / bank forms | | Spanish term or phrase: OPCF (Colombian Spanish) | | Same bank form as in my previous questions. Same subheading, "Productos Solicitados", there is another line reading "OPCF" just that. TIA for the help of Colombian experts. |
| María T. VargasKudoZ activityQuestions: 837 (none open) ( 3 without valid answers) ( 52 closed without grading) Answers: 1451
Spain
| | Local time: 08:42
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| | exchange-traded futures | Explanation:
(Operaciones a Plazo de Cumplimiento Financiero)
"Son operaciones de compromiso bilateral de compra o de venta de un activo subyacente de estricto cumplimiento. Se realiza a través de Bolsa y por medio de una cámara de compensación se constituyen las garantías."
http://www.corficolombiana.com.co/WebCorficolombiana/paginas...
"A futures contract, in finance, refers to a standardized contract to buy or sell a specified commodity of standardized quality at a certain date in the future, at a market determined price (the futures price)....Futures contracts, or simply futures ....are exchange traded derivatives. The exchange's clearinghouse acts as counterparty on all contracts, sets margin requirements, and crucially also provides a mechanism for settlement....To minimize counterparty risk to traders, trades executed on regulated future exchanges are guaranteed by a clearing house. The clearing house becomes the buyer to each seller, and the seller to each buyer, so that in the event of a counterparty default the clearer assumes the risk of loss. This enables traders to transact without performing due diligence on their counterparty."
http://en.wikipedia.org/wiki/Futures_contract#Definition_of_...
"The existence of fixed income derivatives instruments remains very limited in Colombia. Exchange-traded futures (operaciones a plazo de cumplimiento financiero OPCRs) include commodity futures and fixed income futures."
http://books.google.com/books?id=NowQMxLrw5wC&pg=PA55&lpg=PA... |
| Selected response from:
  Kathryn Litherland
United States
Local time: 02:42
| Grading comment Absolutely correct, duly verified.
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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48 mins confidence:  exchange-traded futures
Explanation:
(Operaciones a Plazo de Cumplimiento Financiero)
"Son operaciones de compromiso bilateral de compra o de venta de un activo subyacente de estricto cumplimiento. Se realiza a través de Bolsa y por medio de una cámara de compensación se constituyen las garantías."
http://www.corficolombiana.com.co/WebCorficolombiana/paginas...
"A futures contract, in finance, refers to a standardized contract to buy or sell a specified commodity of standardized quality at a certain date in the future, at a market determined price (the futures price)....Futures contracts, or simply futures ....are exchange traded derivatives. The exchange's clearinghouse acts as counterparty on all contracts, sets margin requirements, and crucially also provides a mechanism for settlement....To minimize counterparty risk to traders, trades executed on regulated future exchanges are guaranteed by a clearing house. The clearing house becomes the buyer to each seller, and the seller to each buyer, so that in the event of a counterparty default the clearer assumes the risk of loss. This enables traders to transact without performing due diligence on their counterparty."
http://en.wikipedia.org/wiki/Futures_contract#Definition_of_...
"The existence of fixed income derivatives instruments remains very limited in Colombia. Exchange-traded futures (operaciones a plazo de cumplimiento financiero OPCRs) include commodity futures and fixed income futures."
http://books.google.com/books?id=NowQMxLrw5wC&pg=PA55&lpg=PA...
| | | Grading comment | Absolutely correct, duly verified. |
| Notes to answerer
Asker:
You are right. I had just found it through Google. Thanks a lot.
|
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28 mins confidence: OPeraciones de Cumplimiento Financiero
Explanation:
operaciones de cumplimiento financiero
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Note added at 1 ώρα (2009-09-05 14:08:52 GMT)
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en Inglés debe de ser finantial accomplishments operations
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The translation workplace 
