Glossary entry (derived from question below)
German term or phrase:
Netto-Geschäft
English translation:
net transaction
Added to glossary by
Alexander Schleber (X)
Feb 27, 2020 17:32
4 yrs ago
50 viewers *
German term
Spain
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Netto-Geschäft
German to English
Bus/Financial
Investment / Securities
Die Bezeichnung Netto-Geschäft deutet darauf hin, dass der Broker als Eigenhändler (principal) tätig wird, indem er die Wertpapiere vom institutionellen investor kauft oder an diesen verkauft. Im Gegensatz zu einem Vermittlungsgeschäft erzielt er dadurch keine Kommission.
Proposed translations
(English)
| 4 +2 | net transaction |
Alexander Schleber (X)
|
| 3 | net trade |
Chris Pr
|
References
| NASDAQ definition of "net trade" |
Bruce Campbell
|
Change log
Mar 3, 2020 08:52: Alexander Schleber (X) Created KOG entry
Proposed translations
+2
11 mins
Selected
net transaction
This is what I would use in the context.
Stocks and bonds are bought asnd sold as part of a transaction.
Stocks and bonds are bought asnd sold as part of a transaction.
Peer comment(s):
| agree |
philgoddard
: Trade is fine too.
22 mins
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Thanks
|
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| agree |
Kartik Isaac
13 hrs
|
|
Thanks
|
4 KudoZ points awarded for this answer.
18 mins
net trade
Where the actual transaction would be termed a "trade"....
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Note added at 21 mins (2020-02-27 17:53:46 GMT)
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Reference for the term "trade":
"There are two primary types of trades: a principal trade and an agency trade. With an agency trade, a broker is trading for the benefit of a client and is compensated by a commission. In the case of a principal trade, a dealer will act as a broker as well, trading from their inventory they charge a spread as a fee."
https://www.investopedia.com/terms/p/principalorders.asp
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Note added at 21 mins (2020-02-27 17:53:46 GMT)
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Reference for the term "trade":
"There are two primary types of trades: a principal trade and an agency trade. With an agency trade, a broker is trading for the benefit of a client and is compensated by a commission. In the case of a principal trade, a dealer will act as a broker as well, trading from their inventory they charge a spread as a fee."
https://www.investopedia.com/terms/p/principalorders.asp
Reference comments
34 mins
Reference:
NASDAQ definition of "net trade"
FYI, this document shows NASDAQ's definition of "net trade":
https://www.finra.org/sites/default/files/NoticeDocument/p00...
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Note added at 20 hrs (2020-02-28 13:36:17 GMT)
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Sorry. I was in a hurry when I added this reference.
I am not siding with either of the two answers.
Neither answer gave a concrete reference to the use of "net", so I decided to add one.
To me, that is a more important consideration than the use of "transaction" or "trade".
The reference also defines "principal trade", "agency trade" and "riskless principal trade", which might conceivably also be of interest to the asker elsewhere in his translation.
https://www.finra.org/sites/default/files/NoticeDocument/p00...
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Note added at 20 hrs (2020-02-28 13:36:17 GMT)
--------------------------------------------------
Sorry. I was in a hurry when I added this reference.
I am not siding with either of the two answers.
Neither answer gave a concrete reference to the use of "net", so I decided to add one.
To me, that is a more important consideration than the use of "transaction" or "trade".
The reference also defines "principal trade", "agency trade" and "riskless principal trade", which might conceivably also be of interest to the asker elsewhere in his translation.
Discussion