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il controvalore per il miniFIB è pari ad un quinto del FIB30

English translation: The [cash] value for the mini FIB is about 1/5 of that for FIB30.

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09:15 Aug 29, 2000
Italian to English translations [PRO]
Bus/Financial
Italian term or phrase: il controvalore per il miniFIB è pari ad un quinto del FIB30
Le sue caratteristiche sono molto simili al contratto 33, la differenza principale é determinata dal fatto che il controvalore del contratto si ottiene moltiplicando la quotazione per 1 Euro anziché per cinque Euro, come invece accade per il contratto 1.

thanks a lot.It is about financial derivatives.
cassandra
English translation:The [cash] value for the mini FIB is about 1/5 of that for FIB30.
Explanation:
"Their characteristics are very similar to those of Contract 33, the principal difference being determined by the fact that the cash value is obtained by multiplying the quote by 1 Euro instead of 5 Euros, as is the case for Contract 1."

Regards. Hoping to help.

Luis
Selected response from:

Luis Luis
United States
Local time: 13:15
Grading comment
THANKS
4 KudoZ points were awarded for this answer

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Summary of answers provided
naThe [cash] value for the mini FIB is about 1/5 of that for FIB30.
Luis Luis


  

Answers


4 hrs
The [cash] value for the mini FIB is about 1/5 of that for FIB30.


Explanation:
"Their characteristics are very similar to those of Contract 33, the principal difference being determined by the fact that the cash value is obtained by multiplying the quote by 1 Euro instead of 5 Euros, as is the case for Contract 1."

Regards. Hoping to help.

Luis

Luis Luis
United States
Local time: 13:15
Native speaker of: Native in PortuguesePortuguese
PRO pts in pair: 45
Grading comment
THANKS

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