Glossary entry

English term or phrase:

depth

Italian translation:

spessore

Added to glossary by Giulia Peverini
Oct 30, 2007 08:21
16 yrs ago
English term

depth

English to Italian Bus/Financial Finance (general) direttiva MiFid
Standardised versus Bespoke investments
Where an investment is less standardised, or not generally traded on a regulated market, the best possible result is achieved through consideration of a number of relevant factors to the deal in question. For example:
• Where the product terms are standardised, generally considered to be tradable or are easy to unwind, the counterparty credit rating, price and any related execution costs will together be the most relevant factors. Products of this kind are likely either to be compared at the point of dealing to observable market prices, or where no directly comparable market exists, competing quotes obtained from the chosen execution venues.
• If the product is unique or substantially bespoke, the trading terms, credit rating, transparency of cost, the terms, depth, and likelihood of any secondary market trading or redemption terms will become important factors in addition to the perceived price and cost of execution. In these circumstances it will not be possible to undertake a price comparison exercise at the point of dealing due to the bespoke nature of the product. The firm expects that appropriate due diligence will however be performed and recorded by the firm to substantiate its rationale for selecting a product of this kind.

Come devo interpretarlo in questo contesto? La frase non risulta molto chiara (likelihood...). Grazie
Proposed translations (Italian)
3 +1 spessore

Proposed translations

+1
6 mins
Selected

spessore

Lo spessore dell’investimento finalizzato al puro rendimento è fondamentale affinché il mercato finanziario sia in grado di esercitare con efficacia la propria funzione principale, consistente nell’ottimale
allocazione del capitale finanziario fra i settori produttivi e fra le imprese.
Peer comment(s):

agree Daniela Carbini (X) : concordo:)
1 hr
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4 KudoZ points awarded for this answer. Comment: "Grazie!"
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