Glossary entry

Deutsch term or phrase:

Makleraufgaben

Englisch translation:

broker's open transactions ("Aufgabe" trades)

Added to glossary by Natalie Wilcock (X)
Jun 7, 2002 12:17
22 yrs ago
Deutsch term

Makleraufgaben

Deutsch > Englisch Wirtschaft/Finanzwesen Finanzen (allgemein)
Mit der systemseitig unterstützten Kompensation offener Geschäfte für US amerikanische GS-Titel des Marktsegments US Stars trägt CBF den vermehrten Kundenwünschen nach einer weiteren Automatisierung der Erträgniszahlungen Rechnung. Hierbei werden aus dem Abwicklungssystem CASCADE die Transaktionen „OTC-Geschäft mit Gegenwert“ und Eurex-Ausübungen, aus dem System LION „Börsengeschäfte“ und „Makleraufgaben“ berücksichtigt und mit den kundenspezifischen Steuersätzen abgerechnet.
Change log

Aug 2, 2005 12:35: Natalie Wilcock (X) changed "Field (specific)" from "(none)" to "Finanzen (allgemein)"

Proposed translations

2 Stunden
Selected

broker's open transactions ("Aufgabe" trades)

CBF = Clearstream Banking Frankfurt; "US Stars" is a segment on Xetra where US equities are listed at the Frankfurt Stock Exchange.

Therefore, "Aufgabe" does not refer to tasks or duties, but is a technical term describing a transaction where an Official Broker ("Kursmakler") has confirmed a purchase or sale to one party to the trade without having closed the other side. The broker then has a specified period of time to close this open transaction.

Since the concept is unique to German stock exchanges, you should add the German term when using this for the first time.
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4 KudoZ points awarded for this answer. Comment: "hi there, i am grateful for the input. however, my client insists on terming this broker advice. they could not be persuaded to change this although i shall provide this alternative. thanks again."
+6
3 Min.

broker's duties

Declined
..or responsibilities or obligations.
Peer comment(s):

agree sylvie malich (X)
2 Min.
agree nettranslatorde
19 Min.
agree Steffen Walter : or tasks
1 Stunde
agree Сергей Лузан : tasks
2 Stunden
agree brute (X)
2 Stunden
agree allemande : responsibilities
6 Stunden
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Comment: "sorry, it"s actually broker advice. the gods only know why."
+1
6 Min.

brokerage

a Makler is a broker and he does brokering (verb) i.e. brokerage (noun).
As simple as that.

ref. common sense and experience
Peer comment(s):

agree Сергей Лузан : 50 % for the USA & 100% for the UK. It's not only business in the US, but commission of a broker as well. Re.6. The Random House Dictionary, ISBN 0-394-51200-6.9. Oxford Advanced Learner's Dictionary of Current English by A. S. Hornby ISBN 0 19 431101 5.
2 Stunden
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