A-Depot

English translation: proprietary trading account

13:02 Dec 7, 2020
German to English translations [PRO]
Bus/Financial - Investment / Securities
German term or phrase: A-Depot
This is taken from the same text as my previous question about "Bestandsverkäufer", and like there, I know what the term means (e.g. "In einem A-Depot liegen nur Wertpapiere, die einer Bank gehören. Diese verwahrt sie gleichzeitig.", https://www.godmode-trader.de/know-how/depot,3864148) - but I'm drawing a blank on what we'd actually call it in English!

e.g. "Dies zeigt sich insbesondere dann, wenn aus irgendwelchen Gründen der im A- und B-Depot des Kreditinstituts bei CBF insgesamt verbuchte Bestand geringer sein sollte, als die Summe der in den Depots der Kunden bei dem Kreditinstitut verbuchten Bestände."

(companion question coming shortly for "B-Depot"!)
Jennifer Caisley
United Kingdom
Local time: 19:42
English translation:proprietary trading account
Explanation:
Depending on context, as always, a convenient way to distinguish Depot A from Depot B might be to refer to A as the proprietary trading account and B as (clients') custody accounts ("custody account" has already been suggested in your other query on "Depot B").

Just for general reference, including for anyone else who happens on this thread in future, the neatest summary I have found of Depots A-D is this one from Wikipedia. Generally, I think it's useful to remember that these are terms used with reference to internal account-keeping:

Jede Bank und Verwahrstelle klassifiziert in ihrer internen Buchführung Wertpapierbestände nach vier verschiedenen Hauptkategorien:[23]

Depot A (Eigendepot) enthält die Wertpapiere aus dem Eigenhandel der Bank und haftet für alle Verbindlichkeiten des Zwischenverwahrers (der Bank) gegenüber dem Drittverwahrer.
Depot B (Fremd-, Ander- oder Treuhanddepot) enthält die Wertpapiere aus Kommissionsgeschäften. Der Bestand befindet sich im Eigentum des Hinterlegers (des Kunden der Bank).
Depot C (Pfanddepot) enthält alle verpfändeten Wertpapiere der Kunden der Bank. Der Bestand haftet in vollem Umfang solidarisch für den Rückkredit gegenüber dem Drittverwahrer.
Depot D (Sonderpfanddepot) enthält die beschränkt verpfändeten Wertpapiere der Kundschaft der Bank. Der Bestand haftet für den Rückkredit gegenüber dem Drittverwahrer nur bis zum Betrag des einzelnen dem Kunden gewährten Kredits.
https://de.wikipedia.org/wiki/Wertpapierdepot
Selected response from:

Steve Robbie
United Kingdom
Local time: 19:42
Grading comment
Thank you, Steve (and Ted + Adrian - it was near-impossible to choose an answer on this one!) - the overview at the bottom of your answer was really helpful!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1trading account securities portfolio
Ted Wozniak
3< BanK's Own > A-Class Investment Securities Account
Adrian MM.
3proprietary trading account
Steve Robbie


  

Answers


36 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
trading account securities portfolio


Explanation:
Aka Eigendepot. (But if Ralf Lemster chimes in with a different answer, I bow to his greater expertise.)


    Reference: http://www.wirtschaftslexikon24.com/d/depot-a-b-c-d/depot-a-...
Ted Wozniak
United States
Local time: 14:42
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 103

Peer comments on this answer (and responses from the answerer)
agree  writeaway
4 hrs
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4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
< BanK's Own > A-Class Investment Securities Account


Explanation:
A-Class is meant to reflect the specific context of the Bank's Own Shares and not the ENG company law definition, nor A-lst - present share/stock-holders - and B-list - past share/stock-holders - contributories on a winding-up.

Eigendepot: trading-account securities portfolio > Zahn, albeit doesn't appear wholly germane to this German context.

Example sentence(s):
  • Banks often purchase marketable securities to hold in their portfolios; these are usually one of two main sources of revenue, along with loans.

    Reference: http://www.investopedia.com/ask/answers/062215/what-differen...
Adrian MM.
Austria
Native speaker of: Native in EnglishEnglish
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22 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
proprietary trading account


Explanation:
Depending on context, as always, a convenient way to distinguish Depot A from Depot B might be to refer to A as the proprietary trading account and B as (clients') custody accounts ("custody account" has already been suggested in your other query on "Depot B").

Just for general reference, including for anyone else who happens on this thread in future, the neatest summary I have found of Depots A-D is this one from Wikipedia. Generally, I think it's useful to remember that these are terms used with reference to internal account-keeping:

Jede Bank und Verwahrstelle klassifiziert in ihrer internen Buchführung Wertpapierbestände nach vier verschiedenen Hauptkategorien:[23]

Depot A (Eigendepot) enthält die Wertpapiere aus dem Eigenhandel der Bank und haftet für alle Verbindlichkeiten des Zwischenverwahrers (der Bank) gegenüber dem Drittverwahrer.
Depot B (Fremd-, Ander- oder Treuhanddepot) enthält die Wertpapiere aus Kommissionsgeschäften. Der Bestand befindet sich im Eigentum des Hinterlegers (des Kunden der Bank).
Depot C (Pfanddepot) enthält alle verpfändeten Wertpapiere der Kunden der Bank. Der Bestand haftet in vollem Umfang solidarisch für den Rückkredit gegenüber dem Drittverwahrer.
Depot D (Sonderpfanddepot) enthält die beschränkt verpfändeten Wertpapiere der Kundschaft der Bank. Der Bestand haftet für den Rückkredit gegenüber dem Drittverwahrer nur bis zum Betrag des einzelnen dem Kunden gewährten Kredits.
https://de.wikipedia.org/wiki/Wertpapierdepot

Steve Robbie
United Kingdom
Local time: 19:42
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 12
Grading comment
Thank you, Steve (and Ted + Adrian - it was near-impossible to choose an answer on this one!) - the overview at the bottom of your answer was really helpful!
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