Glossary entry (derived from question below)
Spanish term or phrase:
contratos de stocks a futuro de índices bursátiles (NBI) y acciones individuales
English translation:
stock-index futures (NBI) contracts and single-stock futures
Added to glossary by
Mónica Algazi
Aug 28, 2013 00:43
10 yrs ago
2 viewers *
Spanish term
contratos de stocks a futuro de índices bursátiles (NBI) y acciones individuales
Spanish to English
Bus/Financial
Journalism
Press article
En 2012, la US Commodity Futures Trading Commission (CFTC) denunció a XXX ante el Tribunal Federal de Distrito de Nueva York por "..., esquema este que habría funcionado al menos entre junio de 2007 y mayo de 2010 mediante contratos de * stocks a futuro de índices bursátiles (NBI) y acciones individuales a futuro *.
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Proposed translations
(English)
| 4 | stock-index futures (NBI) contracts and single-stock futures |
Charles Davis
|
Change log
Aug 28, 2013 01:01: Charles Davis changed "Language pair" from "English to Spanish" to "Spanish to English"
Proposed translations
13 mins
Selected
stock-index futures (NBI) contracts and single-stock futures
"On Monday, April 2, 2012, the U.S. Commodity Futures Trading Commission (CFTC) submitted a press release stating that the agency was filing a complaint against XXX [...]
At the same time, and in order to hedge the risk, XXX also “sold single-stock futures [SSF] contracts to a foreign subsidiary” who then “sold the stock short.” [...]
In this case, XXX bought stocks, held them for a year, and at the same time, “sold [narrow based] stock-index futures [NBI] contracts as a hedge to another foreign subsidiary.”"
http://fiuinvestorclinic.wordpress.com/2012/04/09/cftc-sues-...
At the same time, and in order to hedge the risk, XXX also “sold single-stock futures [SSF] contracts to a foreign subsidiary” who then “sold the stock short.” [...]
In this case, XXX bought stocks, held them for a year, and at the same time, “sold [narrow based] stock-index futures [NBI] contracts as a hedge to another foreign subsidiary.”"
http://fiuinvestorclinic.wordpress.com/2012/04/09/cftc-sues-...
Note from asker:
| Thank you, Charles!!! |
4 KudoZ points awarded for this answer.
Comment: "Thank you so much, Charles."
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