Jul 12, 2010 01:49
13 yrs ago
1 viewer *
Spanish term

Asiento en Cámara

Spanish to English Bus/Financial Finance (general) Stock Market
"Tarifas por concepto de Asiento en Cámara aplicables para las operaciones del mercado de físicos y del mercado de compras públicas"

What I understand is that it is a charge for placing a transaction through the Chamber/Exchange/Clearing House. It is calculated per transaction...

What I don't know is whether there is a correct English translation for it.

Anybody have any ideas?

Thanks

Discussion

argosys Jul 12, 2010:
stock market? Your description says this is about a physical market and a market for procurement of commodities. It is not a stock exchange.

Proposed translations

11 mins
Selected

charge for trading seat

I think that this is the correct name for being allowed to trade in some commodities.
hope it helps.
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4 KudoZ points awarded for this answer.
3 days 11 hrs

Seat in a commodity futures exchange

My suggestion.

"Camara" might refer to a futures exchange such as the Chicago Board of Trade. Commodity futures trading can involve physical delivery of a commodity if trader is caught with a position for not having reversed it beforehand. A seat costs a considerable sum, depending on how profitable it turns out to be, and is paid only once, and it can be sold to another broker. The broker charges commissions to the buyers and sellers of commodity futures contracts.

Companies engaged in spot trading of commodities do not buy seats but have their own facilities and infrastructures where transactions take place.

Futures Trading Commonly Asked Questions, Brokers
How can I buy a seat on the Chicago Board of Trade? ... There is a substantial risk of loss in trading commodity futures, options and foreign exchange ...
www.infinitytrading.com/futures_trading_common_questions.ht... - Cached - Similar

Chicago Board Options Exchange - MarketsWiki, A Commonwealth of ...
In June of 2008, a CBOE seat, or membership, traded for a new all-time high of $3300000 ..... of the CBOT's commodity futures markets to securities options. ...
www.marketswiki.com/.../Chicago_Board_Options_Exchange - Cached - Similar
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Reference comments

5 hrs
Reference:

stock exchange seat

But if they can be obtained, stock exchange seats are major assets for securities brokers. ... Commissions that a seat owner will charge are set by the exchange. ... trading of stock, so anyone wishing to engage in trading on a serious ...
www.ehow.com › ... › Starting a Business -

Orders sent to the mainframe computer via SSE members' seats on the ... Shanghai Stock Exchange (SSE) is open for trading from Monday to Friday. ... 0.3% of the trading value,minimum charge: RMB 5, Paid by investors to securities firms ...
www.chinadetail.com/.../SSE-Trading-Rules-Process.php -

Seat: An instrument granting trading privileges on an exchange. ... SEC fee. Small fee the SEC charges to sellers of equity securities on an exchange. ...
en.mimi.hu/stockmarket/seat.html -

2 Aug 1999 ... Anyone can purchase a seat on a major stock exchange as an investment and lease it to either a floor trader, specialist, ... house who charges them commissions for each of their trades and is liable for their losses. ...
invest-faq.com/cbc/exch-seats-amex.html -
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