décalage à la hausse de la fourchette
English translation: See answer
| 11:57 Apr 7, 2021 |
| French to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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|  Selected response from: Rob Grayson United Kingdom Local time: 21:11 | ||||||
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| Discussion entries: 4 | |
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Answers
50 mins confidence: 
peer agreement (net): -1
peer agreement (net): -1an upward shift/movement in the xxxxxxxxxxxx spread Explanation: xxxxxxxxxxxx = "meilleure limite à l'achat/meilleure limite à la vente" Spread: Bid vs Offer Price | Top 4 Differences (with Infographics)https://www.wallstreetmojo.com › bi... Traduire cette page Here we discuss the top differences between bid and offer price along with ... For liquid securities, the ***difference in Bid-Offer Price (spread)*** is narrow, whereas, Plus tons of ghits. Décalage: imagine a block of rock moving slightly. It is still the same width, length and height, it has just moved. This is the easiest way to explain "décalage". In English we don't quite have a matching word. -------------------------------------------------- Note added at 2 hrs (2021-04-07 14:11:14 GMT) -------------------------------------------------- To Mpoma: initially I was convinced by "rise", since "spread" conveys the meaning of a "block" or a "bracket" (in the sense of a range of prices or offers) anyway. BUT "upward shift", as you say, stays close to the French. "Décalé", I would suggest, without looking up the full meaning of the word, means something, someone, that is unusually -- perhaps even improperly -- different to some kind of perceived norm -- think of eccentric, maverick, leftfield, etc. Unfortunately there's no way to convey this in English. (That I know of.) |
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2 hrs confidence: peer agreement (net): -1
peer agreement (net): -1| déséquilibre initie un décalage à la hausse de la fourchette meilleure limite achat/vente lack of equilibrium gives rise to an increase between A and B, - pushes A and B further apart Explanation: A "décalage" describes a gap, a difference, a relationship between at least two situations, two points. There is a notion of comparison, so "between" is useful. I agree with Colin's understanding of the dynamic nature of what is going on. A process is being set in motion (initier) and it is an increase (à la hausse). Cf. Colin's "upward shift/movement". The gap between A and B expands, increases. A and B are simply two prongs on the fork! - The imbalance/lack of balance causes the gap/the difference between A and B to increase. - A and B are pushed further apart by the imbalance. - the imbalance gives rise to an increase in the gap between A and B - the lack of balance causes the -------------------------------------------------- Note added at 2 hrs (2021-04-07 14:38:34 GMT) -------------------------------------------------- Oopsie. I should have edited the last two elements out. |
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5 hrs confidence: peer agreement (net): +2
peer agreement (net): +2See answer Explanation: OK, so having gone back and read the longer explanatory text in the previous question, I've changed my answer. I thought it was about widening the spread between the best limit buy and sell prices, because that seemed to make best sense in the given context. However, in the previous question we have the following additional context: "Réalisation de transactions en sens inverse du déséquilibre côté acheteur, c'est-à-dire une vente de contrats (symétriquement, lorsque AAA a introduit un déséquilibre côté vendeur, elle réalise des transactions à l'achat) Soit, au cours de la phase de création d'un déséquilibre, AAA a saisi des ordres de vente passifs à des prix supérieurs à la meilleure limite à l'achat. L'impulsion à la hausse exercée via les ordres leurres dont AAA était à l'initiative conduisait les autres acheteurs à revoir à la hausse leur limite de prix jusqu'à rencontrer l'ordre de vente passif placé par AAA. Soit, AAA n'avait pas placé d'ordres de vente passif lors de la création du déséquilibre. L'impulsion exercée par le déséquilibre conduisait les autres intervenants à surenchérir en plaçant des ordres d'achat à des limites plus élevées que celles des ordres leurres." It would seem from this that the effect of AAA's actions was to pull up the best limit buy orders placed by other market participants, thus artificially driving up the price of the instrument. That would suggest this is about the bid/ask spread not widening but being pushed upwards en bloc. For the whole sentence, then, this would give us something like: "This imbalance on the buy side of the order book created by AAA had the effect of beginning to push the "best limit buy/best limit sell" range upwards." Apologies for the change of answer; if I'd seen this additional context before, I wouldn't have posted my first answer. -------------------------------------------------- Note added at 7 hrs (2021-04-07 19:34:00 GMT) -------------------------------------------------- Note to asker: in response to your second comment, I used "range" rather than spread" simply because when you talk about a "spread", normally the focus is on the size of the spread, whereas in this case the that's not so much in focus (because the whole of the spread/range between the bid and ask prices is moving upwards). So I just felt using "range" instead of "spread" might be a good way to avoid putting the focus on the size of the spread. (It's also worth noting that French analysts will most often use "écart" for "spread" (and occasionally "différentiel"); in my experience it's relatively rare [though perhaps not entirely unheard of] for them to use "fourchette" when referring specifically to a spread.) |
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