Glossary entry

French term or phrase:

coté au comptant

English translation:

listed on the spot market

Added to glossary by Stephanie Mitchel
May 19, 2001 10:55
23 yrs ago
2 viewers *
French term

coté au comptant

French to English Bus/Financial
promo for a resort hotel/casino conglomerate - phrase is:
"Société cotée au comptant, elle est détenue à 55 % environ par la famille ; le Groupe, entré dans le capital en 1989, en détient aujourd'hui 34,9 %."

Proposed translations

23 hrs
Selected

listed on the spot market


Definition in Dictionnaire de la Comptabilité et des disciplines connexes (F. Sylvain):

SPOT MARKET
Marché au comptant
"Marché dans lequel le règlement et la livraison de marchandises ont lieu immédiatement, compte tenu toutefois du délai de quelques jours nécessaire à l'enregistrement de la transaction"
Reference:

see above

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4 KudoZ points awarded for this answer. Comment: "Thanks! Your answer came just in time."
15 mins

not a translation

in france you've got three main markets
1)Premier Marché" fot the main stocks, some values can be sold or bought with the SRD system (you pay the stocks you bought at the end of the month=règlement différé) or you pay them cash (au comptant) so this market corresponds to 2 different markets

2)Second Marché, Nouveau Marché et Marché Libre are other markets for lower value stocks
hope it can help a bit
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20 mins

Quoted/Listed/Floated in the Direct Settlement compartment of the (French?) Bourse

If it is the French Stock Market, there are, to my knowledge, 3 compartments: the deceased RM or Réglement Mensuel now resuscitated as SRD or Service de Réglement Differé where the bigger companies are eligible to float and where brokers give investors the chance to only pay for shares bought throughout a given month at the end of it plus the chance, I believe to buy shares for more money than they have. Smaller companies such as the one in question here get quoted on the "Marché Comptant" where investors pay for shares when they buy them and are typically not eligible for the credit buying of more shares than investors can afford. High-tech start ups make up most of the third compartment "Nouveau Marché.

Sorry if it's a bit muddled; in a dash
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