Cleared Swaps Customer Collateral

16:35 Sep 14, 2019
This question was closed without grading. Reason: Answer found elsewhere

English to Spanish translations [PRO]
Bus/Financial - Finance (general) / Garantías
English term or phrase: Cleared Swaps Customer Collateral
Cleared Swaps Customer CollateralTreatment of Cleared Swaps Customer Collateral on an individual basis.
Subject to § 22.3(d), each derivatives clearing organization and each Collecting Futures Commission Merchant receiving Cleared Swaps Customer Collateral from a futures commission merchant shall treat the value of collateral required with respect to the portfolio of rights and obligations arising out of the Cleared Swaps intermediated for each Cleared Swaps Customer, and collected from the futures commission merchant, as belonging to such Cleared Swaps Customer, and such amount shall not be used to margin, guarantee, or secure the Cleared Swaps or other obligations of the futures commission merchant, or of any other Cleared Swaps Customer, Futures Customer (as § 1.3 of this chapter defines that term), or Foreign Futures or Foreign Options Customer (as § 30.1 of this chapter defines that term). Mi intento: garantía privada de canjes compensados. Alguna sugerencia? Gracias.
marinacis


Summary of answers provided
4 +1colateral de clientes de swaps compensados
Luis M. Sosa
3colateral de intercambio compensado del cliente
Mariana Gutierrez


  

Answers


23 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
cleared swaps customer collateral
colateral de intercambio compensado del cliente


Explanation:
sobre el uso de colateral de intercambio

https://www.iban.es/glosario/c.html

Sobre el uso de intercambio compensado
https://docplayer.es/1371104-Intercambio-compensado.html

Mariana Gutierrez
Local time: 16:59
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 40
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1 day 21 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
cleared swaps customer collateral
colateral de clientes de swaps compensados


Explanation:
Es un término de mercados financieros. No pertenece al campo de comercio exterior (international trade) de bienes y servicios.

Los participantes en el mercado de swaps, compradores o vendedores, deben colocar un colateral para poder participar en dichas operaciones. El source text hace alusión a los procedimientos de protección de dicho colateral de los clientes en caso de que el clearing house quiebre.

Siguiendo la usanza de España, el swap es una permuta financiera, pero es un término de uso muy común y extendido respecto del cual sugiero no traducir.


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Note added at 1 day 21 hrs (2019-09-16 13:54:15 GMT)
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La referencia que nos ayuda a situar mejor el contexto del documento fuete es:

https://www.cftc.gov/sites/default/files/idc/groups/public/@...

Espero que la respuesta sea de la mayor ayuda.

Example sentence(s):
  • El source text se puede encontrar en el primer enlace.
  • La definición de permuta financiera se puede encontrar en el segundo enlace

    Reference: http://www.law.cornell.edu/cfr/text/17/22.15
    Reference: http://es.wikipedia.org/wiki/Swap_(finanzas)
Luis M. Sosa
Ecuador
Local time: 14:59
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 19

Peer comments on this answer (and responses from the answerer)
agree  Daniela Galleguillos-Parra: Aunque también se usa "permuta financiera", estoy de acuerdo contigo sobre dejar "swaps" sin traducir y en cursiva. ¡Saludos!
6 hrs
  -> Sí, mcuhas gracias Daniela. Creo que si empleamos el término permuta financiera lo van a entender menos que swap.
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