Glossary entry

français term or phrase:

rémunération des dépôts de garantie obligatoires sur les marchés réglementés

anglais translation:

returns on obligatory deposits (lodged as security) in regulated markets

Added to glossary by gabuss
Mar 7, 2007 15:20
17 yrs ago
4 viewers *
français term

rémunération des dépôts de garantie obligatoires sur les marchés réglementés

français vers anglais Affaires / Finance Finance (général) Banking and financial services
Another regulation in a list of legislation that governs credit institutions and financial service providers:

"Règlement no. 89-06 modifié relatif à la rémunération des dépôts de garantie obligatoires sur les marchés réglementés."

Discussion

Adam Warren Dec 12, 2022:
margin calls Where securities markets are concerned, the compulsory deposit is a "margin call".
Pamela Hewitt (asker) Mar 12, 2007:
After the last note from rkillings (sorry Idon't know your name) I am more persuaded by the use of 'remuneration'. The Bank of England would seem to be a good authority.
rkillings Mar 10, 2007:
Why don't you like "remuneration"? That's the word the Bank of England uses to describe the paying of interest of central bank reserves (probably to avoid that clumsy gerund). See www.bankofengland.co.uk/publications/quarterlybulletin/qb05...
gabuss Mar 10, 2007:
Pamela, I thank you for the trust
DCypher (X) Mar 10, 2007:
A note in case it helps. disagree on returns...this implies active investment. the issue here is that laws require investors be compensated for these funds on deposit rather than having idle funds which essentially diminish the return on investment

Proposed translations

2 jours 8 heures
Selected

returns on deposits (lodged as security) compulsory in regulated markets

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4 KudoZ points awarded for this answer. Comment: "Thanks very much - 'returns' is a much better term than 'remuneraiton'. I would put 'obligatory, before 'deposits' though."
+1
17 minutes

compensation on obligatory [guarantee] deposits in regulated markets

Certain investment active requires guarantee deposits (e.g., certain derivatives positions). By law, these deposit must also earn a minimum return preventing the deposit taker from profiting unfairly or the investor from not earning some yield on those"idle" funds
Peer comment(s):

agree MatthewLaSon : You got it! Why did you put "guarantee" in brackets.
13 heures
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15 heures

remuneration of security deposits required for trading in regulated markets

My only disagreements with Paul's answer: the better term is 'security deposit' (it's collateral), and the single preposition 'sur' in the French is a bit elliptical. In practice, the broker who takes your deposit is going to call it 'margin', but everyone knows that it functions as a security deposit, and the regulator can be expected to write rules using ordinary legal language. Lastly, 'compensation' is too easily confused with netting and clearing; this is about crediting interest on the deposit.
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