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central de valores

English translation: securities clearinghouse

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18:44 Dec 22, 2010
Spanish to English translations [PRO]
Bus/Financial - Investment / Securities / Panama - CONTRATO GENERAL DE GESTIÓN DE CUENTAS DE INVERSIÓN
Spanish term or phrase: central de valores
CLAUSULAS
PRIMERA: Para los propósitos del presente contrato, los siguientes términos tendrán el significado que aquí se les otorga:
Casa de Valores: es toda persona que se dedique al negocio de comprar y vender valores, ya sea por cuenta de terceros o por
cuenta propia. Dicha expresión no incluye a los corredores de valores.
Intermediario: es toda central de valores, participante en una central de valores, banco y Casa de Valores, así como cualquier otra persona que la Comisión autorice para que mantenga cuentas de custodia.

Thanks.
AndreeaD
English translation:securities clearinghouse
Explanation:
The clearinghouse is the intermediary that executes stock transactions.
Selected response from:

Steven Hanley
United States
Local time: 22:27
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer

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Summary of answers provided
5 +2securities clearinghouseSteven Hanley


  

Answers


4 mins   confidence: Answerer confidence 5/5 peer agreement (net): +2
securities clearinghouse


Explanation:
The clearinghouse is the intermediary that executes stock transactions.

Steven Hanley
United States
Local time: 22:27
Native speaker of: English
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Ray Flores: This is the correct translation for "central de valores", a term used in Panama.
55 mins

agree  María Eugenia Wachtendorff
1 day 3 hrs
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