Glossary entry

Spanish term or phrase:

se comprueba que el precio de las patas de la quote esté dentro de la horquilla.

English translation:

(the tool) checks that the price for each leg of the quote is within the range

Added to glossary by Penelope Hierons
Jul 23, 2013 19:54
10 yrs ago
3 viewers *
Spanish term

se comprueba que el precio de las patas de la quote esté dentro de la horquilla.

Spanish to English Bus/Financial Finance (general) Stock market quotes
Hi everyone

I wonder if you can help me.

I have a translation about software for stock market trading. It allows members to control the operations taking place. One segment of the translation is about applying filters to stock market quotes. It says that there is a tool to make sure that:

"el precio de las patas de la quote esté dentro de la horquilla."

What I don't understand is the meaning of "patas" in this context. It is checking that the price of the "patas" for the quote is within the range, but what are "patas"?

Any ideas would be very welcome

Many thanks

Penny

Discussion

lorenab23 Jul 23, 2013:
Found this Un Swap tiene dos partes:


1. El compromiso de cobro de dinero a futuro.
2. El compromiso de pago de dinero a futuro.
Cada una de estas dos partes se les suele llamar "pata" o ‘’ leg’’ en inglés
http://entornodelasfinanzas.blogspot.com/

Proposed translations

+1
12 hrs
Selected

(the tool) checks that the price for each leg of the quote is within the range

For example:

https://www.tradingtechnologies.com/en/help/autospreader/usi...
"Example: You have an Inside Smart Quote setting of 1 for Leg A. You enter a spread order which submits a quoting order in Leg A 5 price levels away from the inside market. The quoting order in Leg A will not requote toward the inside market unless the new quote price is the inside market price. However, the quoting order in Leg A can and will reprice away from the inside market."


http://www.investopedia.com/terms/m/multilegorder.asp

Definition of 'Multi-Leg Options Order'
A type of order that allows an option trader to simultaneously buy or sell a number of different options that traditionally could only be achieved by placing separate orders. This type of order is primarily used in multi-legged strategies such as a straddle, strangle, ratio spread and butterfly.

http://www.iceendex.com/wp-content/uploads/Time-Spread-Indiv...

Contracts listed and individual leg pricing methodology
Peer comment(s):

agree patinba
1 day 13 hrs
thanks patinba
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Many thanks!"
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search