This question was closed without grading. Reason: Other
Jun 8, 2021 18:24
2 yrs ago
23 viewers *
Spanish term

coberturas flexibles

Spanish to English Bus/Financial Finance (general)
"Coberturas Flexibles: Diseño de coberturas abiertas con libertad para ejecutar anticipos y prórrogas respecto a la fecha de vencimiento."

Context: FINANCE (NOT Insurance). Foreign exchange operations. Things like Spot Operations, Market Orders...
Are they talking about hedges here? Attempt:
Flexible Hedges: The designing of open hedges with the freedom to move the value date up or back.

Discussion

Luis M. Sosa Jun 9, 2021:
@Justin I think you got it quite right in your attempt.

Proposed translations

-1
1 hr

uncovered American options

The option is a security B to protect its owner (cobertura) against the fluctuations of the security A.

The option is American because B's owner has the latitude to exercise his/her option at any time (con libertad para ejecutar anticipos y prórrogas respecto a la fecha de vencimiento).

The option is uncovered (abierta) beause there is no position offsetting the fluctuations of the security A.

https://www.investopedia.com/terms/u/uncovered-option.asp

https://www.investopedia.com/terms/a/americanoption.asp#:~:t...


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Note added at 2 hrs (2021-06-08 20:45:59 GMT)
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Addendum: B's owner has the latitude to exercise OR TO NOT EXERCISE his/her option at any time (con libertad para ejecutar anticipos y prórrogas respecto a la fecha de vencimiento).
Peer comment(s):

disagree philgoddard : I can't see how you arrive at this. Options (opciones) are one type of hedge (cobertura)
7 hrs
The option is a security B to protect its owner (cobertura) against the fluctuations of the security A.
neutral Luis M. Sosa : With Phil: "Options (opciones) are one type of hedge (cobertura)".
20 hrs
Something went wrong...
+1
9 hrs

flexible (exchange) options

Flexible exchange options, or FLEX options, are nonstandard options that allow both the writer and purchaser to negotiate various terms. Terms that are negotiable include the exercise style, strike price, and expiration date, as well as other features and benefits.

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Note added at 9 hrs (2021-06-09 03:53:26 GMT)
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or: hedge options

Launched in 1993, FLexible EXchange® Options (FLEX Options) are ... Index options were developed to assist insurance companies with their hedging needs.

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Note added at 10 hrs (2021-06-09 04:33:08 GMT)
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nothing to do with the company name
Peer comment(s):

agree Francois Boye : OK!
10 hrs
neutral Luis M. Sosa : With Phil: "Options (opciones) are one type of hedge (cobertura)"
12 hrs
Something went wrong...

Reference comments

8 mins
Reference:

hedges

Yes, that's what it means - there are dozens of entries in the glossary:
http://www.proz.com/kudoz/spanish-to-english/finance-general...
You could say "open-ended hedges with flexible maturities".
Note from asker:
THANKS
Peer comments on this reference comment:

agree Richard Cadena : I like "open-ended hedges with flexible maturities".
18 mins
Thanks. That would do as a concise translation for the whole very wordy sentence.
agree Luis M. Sosa : Strongly agree.
21 hrs
Something went wrong...
31 mins
Reference:

por el contexto sugiere eso, como ya dice phil, un fondo o una garantía, una forma de "cubrir" esos anticipos y prórrogas...

saludos, Justin!
Something went wrong...
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