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.
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.
Proposed translations
(English)
3 +1 | flexible (exchange) options | David Hollywood |
4 -1 | uncovered American options | Francois Boye |
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).
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
|
+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
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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
|
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".
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
|
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!
saludos, Justin!
Discussion