Glossary entry (derived from question below)
Deutsch term or phrase:
Dispositionen gegen Bankbestand
Englisch translation:
disposals affecting the bank's portfolio
Added to glossary by
Charles Stanford
Oct 31, 2006 04:07
17 yrs ago
1 viewer *
Deutsch term
Tschechische Republik
Qualified, experienced EN native speaker
Native in: Englisch 
Works in: Tschechisch > Englisch, Slowakisch > Englisch, Deutsch > Englisch, and 3 more.
Dispositionen gegen Bankbestand
Deutsch > Englisch
Wirtschaft/Finanzwesen
Finanzen (allgemein)
banking
Good morning,
Hope someone has come across this or can make sense of it...
***Dispositionen gegen Bankbestand:***
Mitarbeiter-Wertpapiergeschaefte duerfen gegen den Bestand des Kreditinstituts oder gegen Auftraege von Kunden nur mit Zustimmung des Compliance-Officer abgeschlossen werden.
Do you trade "against the bank's portfolio"? Cannot find any reference to this....
Hope someone has come across this or can make sense of it...
***Dispositionen gegen Bankbestand:***
Mitarbeiter-Wertpapiergeschaefte duerfen gegen den Bestand des Kreditinstituts oder gegen Auftraege von Kunden nur mit Zustimmung des Compliance-Officer abgeschlossen werden.
Do you trade "against the bank's portfolio"? Cannot find any reference to this....
Proposed translations
(Englisch)
| 4 | disposals affecting the bank's portfolio |
M-A-Z
|
| 5 +1 | trades against positions held by the bank |
Ralf Lemster
|
Proposed translations
4 Stunden
Selected
disposals affecting the bank's portfolio
"gegen" is not properly used in this context, it just means "relating to" (the banks security holdings / orders from customers)
4 KudoZ points awarded for this answer.
Comment: "thanks MAZ - very useful"
+1
5 Stunden
Ralf Lemster
Deutschland
Deutschland
Native in Deutsch
Specializes in field
Deutschland
The language of financial markets
Native in: Deutsch
Works in: Englisch > Deutsch, Deutsch, Deutsch > Englisch, and 1 more.
Related KudoZ points
:
760
trades against positions held by the bank
Your assumption was correct - I just wouldn't use "portfolio" here, as this refers to any position held by the bank.
The purpose of this restriction is to prevent employees who have control over the bank's positions (usually traders) to give themselves (or friends/colleagues) preferential prices for their personal trades.
The purpose of this restriction is to prevent employees who have control over the bank's positions (usually traders) to give themselves (or friends/colleagues) preferential prices for their personal trades.
Note from asker:
| thank you Ralf - also extremely useful |
Something went wrong...