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Thread: Extra bursátil

 
  1. #1
    Senior Member Nadia D's Avatar
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    Default Extra bursátil

    How would you translate "extra bursátil" into English?
    Last edited by Nadia D; 03-14-2007 at 08:38 AM.

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    Senior Member Hebe's Avatar
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    Depending on the context, it could refer to a given transaction outside the stock exchange.

    Hope it helps


    Truly, my dear young friends, you are a chosen generation. I hope you will never forget it.
    Gordon B. Hinckley

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    Default this has a specific translation

    THe English equivalent is "Over-the-counter" or OTC as it is usually abbreviated.
    There are different types of stocks that are traded in different areas, and these are NOT on the large stock markets (NYSE, NASDAQ, etc.) because they don't meet the requirements (yet) to be "publicly" traded. You can still buy them, your broker just has to have access to them, as opposed to the NYSE or NASDAQ where anyone has access to them.
    Good luck

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    Default this has a specific translation

    It's Over-the-counter, or OTC.
    It's for those stocks that are NOT traded on the big exchanges, like the NSYE or NASDAQ.
    I wrote a more detailed response earlier, let's wait and see if it appears.
    Good luck

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    Senior Member Hebe's Avatar
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    In fact I would say that it refers to stocks transacted outside ANY stock exchange (big or not).


    Truly, my dear young friends, you are a chosen generation. I hope you will never forget it.
    Gordon B. Hinckley

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    Senior Member Nadia D's Avatar
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    "Mercado extra bursátil" is used as the opposite for "mercado bursátil"...

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    Senior Member Hebe's Avatar
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    Correcto, por eso hablar de acciones cotizadas en un mercado extra bursátil es hablar de acciones cotizadas fuera de la bolsa de valores (outside the stock exchange)

    Best regards


    Truly, my dear young friends, you are a chosen generation. I hope you will never forget it.
    Gordon B. Hinckley

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    Senior Member Nadia D's Avatar
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    Thanks to both for taking the time to answer my question!!

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    Default

    I agree with jlrussell, it's the OTC market (over-the-counter).

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    Senior Member Hebe's Avatar
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    I still have some doubts about this. An OTC market is a stock exchange where securities transactions are made via telephone and computer, but is still through a stock exchange. Yet the term “extra bursátil”, seems to imply that the transaction has been made through a parallel market (shares not listed in the stock exchange). I could be wrong, but that’s the impression I get from the term.


    Truly, my dear young friends, you are a chosen generation. I hope you will never forget it.
    Gordon B. Hinckley

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