Nov 9, 2017 17:14
6 yrs ago
2 viewers *
English term

unwind mark

English to Spanish Bus/Financial Finance (general) Acuerdo de liquidación
Buenas tardes!

¿Podrán ayudarme con esta frase? Son una serie de medidas que tomará una empresa como parte de un acuerdo de liquidación. El contexto es el siguiente:

We have revised the way in which we report a mid-market mark for tailored swaps products which will be reflected in our customer reports going forward and in future pre-trade disclosures. We will also continue providing the ***unwind mark*** that we have provided for years, as we know this "unwind mark” provides meaningful information related to your swaps.

Muchas gracias :)
Proposed translations (Spanish)
3 valoración de la liquidación

Discussion

Charles Davis Nov 9, 2017:
A ver si esto ayuda "CRM may provide an additional mark (“unwind mark”) that reflects the unwind or termination value of the swap, and for such unwind mark, CRM may use an amortization methodology. Any such unwind mark shall clearly be labeled as such, and CRM shall inform customers of the material characteristics of the swap as they relate to such an unwind mark, including the time period over which CRM amortizes estimated revenue and the circumstances under which CRM will unwind or terminate the swap at or close to the unwind mark."
http://www.cftc.gov/idc/groups/public/@lrenforcementactions/...

Proposed translations

33 days

valoración de la liquidación

To unwind a swap means the process of terminating a swap by marking it to market and calculating its value. And to mark it could be to calculate this value in the market.
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