Examples of using Derivative instruments in English and their translations into Romanian
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(a) for each class of derivative instruments.
In addition to trading forex,you can also trade securities such as commodity-based derivative instruments.
Advice and drafting of documentation for derivative instruments, cash-pooling, and securitization.
There is also good news for investors who are looking forward towards diversifying their investment portfolio with new derivative instruments;
This would also facilitate the development of related derivative instruments, in particular options and futures.
(d) investment in derivative instruments shall be possible insofar as they contribute to a reduction of investment risks or facilitate efficient portfolio management.
A UCITS shall ensure that its global exposure relating to derivative instruments does not exceed the total net value of its portfolio.
The EESC proposes that the Commission consider the possibility of amending Article 20(1)(d) of the draft directive,which lays down the rules for investing in derivative instruments.
Futures contracts are categorised as derivative instruments due to the fact these instruments are derived from another asset class.
In the Committee's view, experience from the crisis justifies the need for a major curtailment of the current,very broad rule, according to which IORPs can invest in derivative instruments in order to"facilitate efficient portfolio management".
When these operations concern the use of derivative instruments, these conditions and limits shall conform to the provisions laid down in this Directive.
Amounts related to derivative financial instruments- values of derivative financial instruments reflected in the balance sheet andcontingent accounts and the amounts to be received/paid in the operations with derivative instruments.
When these operations concern the use of derivative instruments, these conditions and limits shall conform to the provisions laid down in this Directive.
Financial market infrastructure- a multilateral system between participants and the operator of this system, which operates on the basis of common, formal and standardized rules and is used for settlement, clearing(compensation) or recording of payments,values, derivative instruments or other financial transactions.
The use by a collective investment undertaking of derivative instruments to hedge permitted investments shall not prevent shares in that undertaking from being eligible as collateral.
This Regulation should also clarify that engaging in market manipulation orattempting to engage in market manipulation in a financial instrument may take the form of using related financial instruments such as derivative instruments that are traded on another trading venue or OTC.
Over-the-counter(OTC) derivative instruments" shall mean the off-balance-sheet items to which according to the first subparagraph of Article 6(3) of Directive 89/647/EEC the methods set out in Annex II to the said Directive shall be applied'.
The identification, measurement monitoring, managing andreporting of specific risks arising from investment in derivative instruments and assets referred to in the second subparagraph of Article 132(4).
Regrettably, there has been a delay in applying new regulatory initiatives and in advancing the promised fight against tax havens, the removal of legal omissions regarding management accounts, the requirements applicable to stock market transactions andthe use of trade repositories for the registration of derivative instruments.
In calculating the net position the competent authorities shall allow positions in derivative instruments to be treated, as laid down in points 4 to 7, as positions in the underlying(or notional) security or securities.
Over-the-counter(OTC) derivative instruments shall mean the interest-rate and foreign-exchange contracts referred to in Annex II to Directive 89/647/EEC and off-balance-sheet contracts based on equities, provided that no such contracts are traded on recognized exchanges where they are subject to daily margin requirements and, in the case of foreign-exchange contracts, that every such contract has an original maturity of more than 14 calendar days;
An institution shall calculate the own funds requirements for CVA risk in accordance with this Title for all OTC derivative instruments in respect of all of its business activities, other than credit derivatives recognised to reduce risk-weighted exposure amounts for credit risk.
As regards derivative instruments not admitted to trading but falling within the scope of this Directive, each Member State should be competent to sanction actions carried out on its territory or abroad which concern underlying financial instruments admitted to trading on a regulated market situated or operating within its territory or for which a request for admission to trading on such a regulated market has been made.
Options, futures agreements, swaps, forward agreements on interest rate and exchange rate or any other derivative agreements related to the securities, currency, interest rates orprofitability or any other derivative instruments, financial ratios or financial indicators, that can be physical settled or cash funds;
(15) Whereas for Community credit institutions a similar refinement of the supervisory treatment of OTC derivative instruments including the possibility of taking into account the risk reducing effects of supervisorily recognised contractual netting agreements on potential future credit risks can be achieved only by amending Directive 89/647/EEC;
The limits provided for in paragraphs 1, 2, 3 and 4 may not be combined, and thus investments in transferable securities ormoney market instruments issued by the same body or in deposits or derivative instruments made with this body carried out in accordance with paragraphs 1, 2, 3 and 4 shall under no circumstances exceed in total 35% of the assets of the UCITS.
Where an institution calculates the risk-weighted exposure amounts arising from OTC derivatives in accordance with Chapter 2,the exposure value for a given netting set of OTC derivative instruments listed in Annex II calculated in accordance with this Chapter shall be the greater of zero and the difference between the sum of exposure values across all netting sets with the counterparty and the sum of CVA for that counterparty being recognised by the institution as an incurred write-down.
(d) the format used and the information required in prospectuses relating to non-equity securities, in so far as these securities are not subordinated, convertible, exchangeable, subject to subscription oracquisition rights or linked to derivative instruments, issued in a continuous or repeated manner by entities authorised or regulated to operate in the financial markets within the European Economic Area;
Institutions shall assign a risk weight of 0%, to the extent of the collateralisation,to the exposure values determined under Chapter 6 for the derivative instruments listed in Annex II and subject to daily marking-to-market, collateralised by cash or cash-assimilated instruments where there is no currency mismatch.
(16) Whereas to ensure a level playing-field between credit institutions and investment firms competing in the Community,consistency in the supervisory treatment of their respective activities in the area of OTC derivative instruments is necessary and can only be achieved by adaptations of Council Directive 93/6/EEC of 15 March 1993 on the capital adequacy of investment firms and credit institutions(7);