close out

Spanish translation: cancelar

15:27 Jul 23, 2017
English to Spanish translations [PRO]
Bus/Financial - Investment / Securities / Liquidation
English term or phrase: close out
Todo lo que encuentro para close out se refiere a liquidación, pero tengo ejemplos donde aparecen tanto liqudar como close out en la misma oración, por lo que entiendo que quizá haya una diferencia entre ambas.

Context and examples:
At any time following the occurrence of an Event of Default, the Broker Member shall be
entitled at its sole discretion to take one or more of the following actions:
(a) liquidate, sell or ***close out*** any or all of the Transactions, open positions, cash, securities
and other assets in the Client’s accounts;

Failure by the Client to meet a call for margin may give rise to default action being taken by the Broker Member under Section 10 (or by the DGCX or DCCC or the Clearing Member) which may include the ***closing out*** of all or some of the Client's open positions.

Unless the Broker Member and the Client otherwise agree in writing, or the Applicable Regulations provide otherwise, if the Broker Member enters into any Transaction to ***close out ***any existing Transaction between the Broker Member an the Client, then each party’s obligations under both such Transactions shall automatically and immediately be terminated upon entering into the second Transaction, except for any settlement payment due from one party to the other in respect of such closed out Transactions.
Gabriela Galtero
Local time: 06:01
Spanish translation:cancelar
Explanation:
Se refiere a eliminar o cancelar la operación
Selected response from:

Marissa Aguayo Gavilano
Peru
Grading comment
Gracias
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1cancelar
Marissa Aguayo Gavilano
4close out
peppymoville
3cerrar posiciones
jidelaguila


  

Answers


7 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
cancelar


Explanation:
Se refiere a eliminar o cancelar la operación


    Reference: http://www.investorwords.com/899/close_out.html
Marissa Aguayo Gavilano
Peru
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 4
Grading comment
Gracias

Peer comments on this answer (and responses from the answerer)
agree  Jorge Merino
1 hr
Login to enter a peer comment (or grade)

5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
close out


Explanation:
Cancelar una operación o cerrar una cuenta

peppymoville
Ireland
Local time: 09:01
Native speaker of: Native in SpanishSpanish
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22 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
cerrar posiciones


Explanation:
Las primeras dos veces que aparece la expresión, podría referirse a "cerrar posiciones", ya que habla de cancelar las posiciones que se hallan abiertas.


Ejemplos:
https://goo.gl/hP68K1

jidelaguila
Ireland
Local time: 09:01
Specializes in field
Native speaker of: Spanish
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