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Spanish to English Financial Translation Share information on the translation from Spanish into English of personal, public, and corporate finances.

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Old 03-14-2007, 04:28 AM   #1
Nadia D
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Default Extra bursátil

How would you translate "extra bursátil" into English?

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Old 03-14-2007, 07:20 AM   #2
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Depending on the context, it could refer to a given transaction outside the stock exchange.

Hope it helps
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Old 03-14-2007, 07:48 AM   #3
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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.
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Old 03-14-2007, 07:59 AM   #4
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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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Old 03-14-2007, 08:33 AM   #5
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In fact I would say that it refers to stocks transacted outside ANY stock exchange (big or not).
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Old 03-14-2007, 08:41 AM   #6
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Default

"Mercado extra bursátil" is used as the opposite for "mercado bursátil"...
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Old 03-14-2007, 10:19 AM   #7
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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)

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Old 03-14-2007, 10:33 AM   #8
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Thanks to both for taking the time to answer my question!!
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Old 03-28-2007, 08:08 AM   #9
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I agree with jlrussell, it's the OTC market (over-the-counter).
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Old 03-28-2007, 10:22 AM   #10
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Default

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.
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