GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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22:03 Jan 17, 2002 |
German to English translations [PRO] Bus/Financial - Investment / Securities / Derivatives trading, me thinks | |||||||
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| Selected response from: Ralf Lemster Germany Local time: 12:20 | ||||||
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Summary of answers provided | ||||
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5 | guaranteed margin or yield |
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5 | margin |
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3 | margin payment |
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guaranteed margin or yield Explanation: That is, the financial intermediary does not take the obligation of a certain "performance" (Leistung), regarding the margin / yield achieved. (The word applicable depends on the kind of the forex transaction.) |
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margin Explanation: Your assumption is correct; this covenant prevents the counterparty from providing margin [collateral] to any third-party creditor - margin being just one of the alternatives in covering one's obligations. (BTW - no guessing here...*g*) |
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margin payment Explanation: From the EUREX website: Aus diesem Grund muss vom Optionskäufer keine Marginleistung erhoben werden, da von ihm, sobald er die Optionsprämie gezahlt hat, kein Erfüllungsrisiko mehr ausgeht. For this reason, the options buyer is not required to put up any margin because, once the options premium has been paid in full, no risk of non-performance of the contractual provisions remains. -------------------------------------------------- Note added at 2002-01-17 22:33:41 (GMT) -------------------------------------------------- you can add the word \"payment\" as an option Reference: http://www.eurex.ch/index2.html?mp&4&10&marketplace/clearing... Reference: http://www.eurex.ch/index2.html?mp&4&10&marketplace/clearing... |
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