 Member since Dec '07
Working languages: German to English
English to German |
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Picking up where others leave off
Chicago, Illinois Local time: 13:01 MST (GMT-7)
Native in: English  , German | |
Freelancer and outsourcer,  Verified member | | Translation, Interpreting, Editing/proofreading, Software localization, Voiceover (dubbing), Subtitling, Post-editing, Transcription, Training, Desktop publishing, Project management | | Specializes in: | | Advertising / Public Relations | Patents | | Law: Patents, Trademarks, Copyright | Law: Contract(s) | | Government / Politics | Finance (general) | | Engineering (general) | Economics | | Business/Commerce (general) | Printing & Publishing |
| Also works in: | | Architecture | Accounting | | Agriculture | Anthropology | | Automotive / Cars & Trucks | Computers: Hardware | | Computers: Software | Construction / Civil Engineering | | Engineering: Industrial | Environment & Ecology | | Mechanics / Mech Engineering | Military / Defense | | Retail | Social Science, Sociology, Ethics, etc. | | Tourism & Travel | Science (general) | | Art, Arts & Crafts, Painting | Certificates, Diplomas, Licenses, CVs | | Computers (general) | Cooking / Culinary | | Education / Pedagogy | Food & Dairy | | Geography | History | | Investment / Securities | Management | | Marketing / Market Research | Philosophy | | Real Estate | Transport / Transportation / Shipping |
More Less | German to English - Standard rate: 0.12 USD per word / 30 USD per hour
| | Questions answered: 6900, Questions asked: 7 Easy / 31 PRO, PRO-level points: 4837 | 0 projects entered
| | U. S. dollars (usd) | Sample translations submitted: 1German to English: What are commodity futures?
Detailed field: Finance (general) | Source text - German
11.1 Was sind Warentermingeschäfte und wie unterscheiden sie sich von Kassageschäften? Warentermingeschäfte unterscheiden sich von klassischen Warenkassageschäften darin, dass bei Abschluss des Geschäftes keine Lieferung erfolgt – diese wird auf einen in der Zukunft lie¬genden Termin verschoben. Daher kann es vorkommen, dass man heute ein Warentermin¬geschäft auf ein Gut abschließt, welches zum Zeitpunkt des Vertrages noch nicht produziert beziehungsweise gefördert worden ist. Diese Termingeschäfte, die auch als „Mutter¬ge¬schäf¬te“ der Terminbörse bezeichnet werden, waren die ersten Handelsgegenstände, und nur durch sie entstanden im Lauf der Zeit die Terminbörsen, die wir heute kennen. Hauptgrund für den Abschluss solcher Geschäfte war das Übertragen von Risiken beziehungsweise der Kauf von Waren aus fernen Ländern. In einer sehr vereinfachten Form haben diese Börsen bereits in der Antike existiert. Die wichtigsten Warenterminbörsen befinden sich heute in den USA. Hier sind die CME in Chicago und die Nymex in New York zu nennen, welche aus einem Zusammenschluss der kleineren Milch- und Butterbörsen hervorging. Gegenwärtig wird an der Nymex, welche die größte Warenterminbörse der Welt darstellt, ein Großteil der Waren¬termingeschäfte abgewickelt; sie gilt als letzte wahre Bastion des „reinen Kapitalismus“. Die meisten dieser Geschäfte dienen heute der Spekulation, ein Großteil davon wird durch ein Closing vorzeitig beendet. Im Gegensatz dazu ist bei Kassageschäften eine Lieferquote von fast 100 Prozent anzunehmen. | Translation - English
11.1 What are commodity futures and how do they differ from commodity cash transactions?
Commodity futures contracts differ from a traditional commodity cash (or spot) trans¬action in that they do not provide for delivery upon execution of the transaction; instead, delivery is deferred to some future date. Consequently, it is not uncommon to enter into a futures contract when the underlying commodity is not even available at the time and/or has not yet been produced. This type of futures contract, also referred to as the „motherlode“ of the futures exchange, may be considered the archetypal trading vehicle and over time became instrumental in the establishment of futures exchanges as we know them today. The primary motive for entering into a transaction of the type used to be a spreading of risk and/or the purchase of goods from faraway lands. In rudimentary form, these exchanges go back all the way to antiquity. Today, the most important futures exchanges can be found in the USA. Among them, we should mention the CME in Chicago and the Nymex in New York, the latter of which grew out of a merger of smaller dairy exchanges. At the present time, a large portion of all commodity futures contracts are traded at the Nymex as the world’s largest futures exchange. It is characteristically viewed as the last bastion of pure capitalism. Most transactions nowadays are executed with a strictly speculative mindset and the great majority of positions are closed out prior to expiration. Conversely, cash transactions presume delivery and acceptance in practically 100 percent of all trades.
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More Less | | OTHER-Rhineland Chamber of Commerce | | Years of translation experience: 15. Registered at ProZ.com: Mar 2001. Became a member: Dec 2007. | | N/A | German to English (American Translators Association)
German to English (German Chamber of Trade and Industry)
English to German (Georgia State University)
English to German (German Courts)
| | ATA | | Adobe Acrobat, Adobe Illustrator, Adobe Photoshop, Indesign, Microsoft Excel, Microsoft Word, Powerpoint, QuarkXPress | | About me
25 years of experience. Concentrated in the fields of
Banking/Finance/Securities
Patent Law/Contract Language/Probate
Imaging/Printing Technologies
Mechanical Engineering
Clients past and present include:
Amdahl, Annual Supermarket Convention, Borg-Warner, Comdisco, Eisenmann AG, Heidelberg Printing Presses, MAN Roland Printing Presses, Rockwell International, Hypobank of Bavaria, Zenith Electronics, various law firms in Chicago.
$0.10/target word |
Keywords: banking, finance, securities, patent law, contract language, probate, imaging, printing technologies, mechanical engineering
Profile last updated
Jan 8, 2008 |
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