agency cross transactions

15:15 Oct 20, 2004
English to Spanish translations [PRO]
Law/Patents - Finance (general)
English term or phrase: agency cross transactions
It's an investment advisory agreement. In a clause related to "power and authority of the Investment Advisor", there reads: "...enter into repurchase and reverse repurchase agreements, securities lending, hypothecation agreem., principal-to-principal and AGENCY CROSS TRANSACTIONS..."
(OPERACIÓN DE CORRETAJE CRUZADA Y SIMULTÁNEA)???
Adriana Perosi
Local time: 08:32


Summary of answers provided
5operaciones cruzadas
Elizabeth Castaldini


  

Answers


8 days   confidence: Answerer confidence 5/5
operaciones cruzadas


Explanation:
I did some research to get to that conclusion. Unfortunately I have not come to any conclusion as far as "principal-to-principal". If you know, could you tell us? (I don´t think it´s "simultanea").
Thanks,
er

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Note added at 8 days (2004-10-29 14:03:24 GMT)
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You`re right, I\'m sorry. I suggested operaciones because I found \"operaciones cruzadas\" with the same definition you gave. But now I see the difference. If you search for \"transacciones cruzadas\" at any search engine, you\'ll get this exact definition you\'re giving. Maybe it depends on the country in which it is said.

Elizabeth Castaldini
Local time: 07:32
Works in field
Native speaker of: Native in PortuguesePortuguese
Grading comment
Hi! Thanks a lot, according to some specialists, there is not an equivalent, but it is known (or, at least, understood), as "transacción de mutuo agenciamiento". It is a "transacción
en que el comprador y el vendedor están representados por el mismo agente".Regards, Adriana
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Comment: Hi! Thanks a lot, according to some specialists, there is not an equivalent, but it is known (or, at least, understood), as "transacción de mutuo agenciamiento". It is a "transacción
en que el comprador y el vendedor están representados por el mismo agente".Regards, Adriana



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