agente de traspaso

English translation: transfer agent

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13:14 Jan 30, 2001
Spanish to English translations [PRO]
Bus/Financial
Spanish term or phrase: agente de traspaso
regarding securities traded on stock exchange.
keith
English translation:transfer agent
Explanation:
Traspaso:
A term used primarily in Latin America meaning a transfer deed.
(Citibank's securities glossay: http://www.citibank.com/corpbank/wwss/info/htm/glosfrnt.htm)

Agente de traspaso: Transfer agent

Example:

"If you are an FVI stockholder and wish to convert your shares into "American Depositary Receipts" (ADR), you should address our Transfer Agent - Banco Venezolano de Crédito - to request a conversion".
(http://www.fvi.com.ve/english_version/5_faq.htm)
Selected response from:

David Meléndez Tormen
Spain
Local time: 11:05
Grading comment
Graded automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
natransfer agent
Liliana Vitor
natransfer agent
xxxLia Fail
naclearing agent
Claudia Esteve
natransfer agent
David Meléndez Tormen


  

Answers


12 mins
transfer agent


Explanation:
Traspaso:
A term used primarily in Latin America meaning a transfer deed.
(Citibank's securities glossay: http://www.citibank.com/corpbank/wwss/info/htm/glosfrnt.htm)

Agente de traspaso: Transfer agent

Example:

"If you are an FVI stockholder and wish to convert your shares into "American Depositary Receipts" (ADR), you should address our Transfer Agent - Banco Venezolano de Crédito - to request a conversion".
(http://www.fvi.com.ve/english_version/5_faq.htm)

David Meléndez Tormen
Spain
Local time: 11:05
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 475
Grading comment
Graded automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
Yolanda Broad

Esther Hermida
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51 mins
clearing agent


Explanation:
Clearing is what is done when A buys stock from B (or viceversa) by means of an intermediary (the brokerage house), since no one can just come in an trade in an exchange. Brokerage houses have mututal credit lines which operate in these transactions, so the clearing house (or agent) validates who did what in a given session and assigns the assets accordingly. Brokerage houses can also be clearing agents.
I envy your text!
Claudia


    experience as broker
Claudia Esteve
United States
Local time: 05:05
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 65

Peer comments on this answer (and responses from the answerer)
Esther Hermida
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1 hr
transfer agent


Explanation:
This text would indicate that the TA is the persons who 'transfers', which is not necessairly the person who 'clears'

EXTRACT
In the most straightforward bearer certificate protocol, *****the issuer and transfer agent (the same entity, for our purposes, though they can easily be unbundled)**** create a serial number (really a large unguessable random number, rather than a sequence), and add it to a list of issued certificates. The transfer agent clears a transfer by checking the signature to identify and nature of the bearer contract and verify that it was made, then looking on that contract's issued list to make sure the serial number is there, then removing the serial number. Alternatively, the issuer can let the issuee make up the serial number, then, when cleared, check the signature and put the number on the list of cleared certificates. The signature provides the assurance that the certificate is indeed the the particular kind of contract with bearer, while the serial number assures that the same instance of that contract is not cleared or redeemed more than once. In these simple versions, the transfer agent can link the transferee to the transferor for all transfers. To implement the privacy characteristics of coins and physical bearer certificates, we need to add unlinkability features.

FROM
http://www.google.com/search?q=cache:www.best.com/~szabo/for...


xxxLia Fail
Spain
Local time: 11:05
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1368
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2 hrs
transfer agent


Explanation:

agente de traspaso: sinonimo - agente de transmisiones. Es la persona fisica o moral responsable de registrar los nombres y las tenencias de los propietarios de valores registrados, agregar el sello oficial y entregar los valores a los nuevos propietarios.

Suerte y Saludos!
Liliana


    Fuente: glosario bursatil obtenido durante un taller de terminologia legal/bursatil.
Liliana Vitor
United States
Local time: 04:05
PRO pts in pair: 6
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