German translation: to do a spread "chinese style"
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11:36 Dec 22, 2003
English to German translations [PRO] Bus/Financial / Brokerlatein
English term or phrase:Chinese (hier)
und nochmals ein Broker zum Umgang mit Arbitrage-Geschäften:
In reality, it is often necessary for the spread trade to trade marginally better than the limit in order for the spread-risk (being executed on one leg but not the other) to disappear.
If one ***Chinese's a spread***, doing one leg first, than hoping for the other leg to trade into range, the executing broker carries this risk.
If you had given a spread order, but received only one leg of the trade, this would not be consistent with market convention”.
Was hat der Chinese hier zu suchen? Ist das ein besonderes Geschäft oder so?