Glossary entry (derived from question below)
French term or phrase:
au prorata des ordres
English translation:
in proportion to the orders
Added to glossary by
Charles Hawtrey (X)
Nov 22, 2007 14:50
16 yrs ago
5 viewers *
French term
United States
Corporate Finance and Communications
Native in: English (Variants: US, UK) 
Works in: French to English
au prorata des ordres
French to English
Bus/Financial
Finance (general)
déontologie des OPCVM
Les ordres d’achat, de souscription ou de vente d’instruments financiers doivent être individualisés avant leur transmission. Lorsqu’un gérant de portefeuille se voit confier une responsabilité de gestion dans plusieurs OPCVM, des règles constantes doivent être définies à l’avance concernant l’affectation des ordres groupés. *En cas de réponse partielle, les exécutions sont affectées au prorata des ordres.*
I find this last statement particularly vague, any help unpacking it would be greatly appreciated!
I find this last statement particularly vague, any help unpacking it would be greatly appreciated!
Proposed translations
(English)
| 3 +2 | in proportion to the orders |
Charles Hawtrey (X)
|
| 3 | buy orders ... on a pro-rata basis |
Donald Scott Alexander
|
Change log
Nov 23, 2007 17:34: Charles Hawtrey (X) changed "Edited KOG entry" from "<a href="/profile/9251">Tamara Salvio's</a> old entry - "au prorata des ordres"" to ""in proportion to the orders""
Proposed translations
+2
23 mins
Selected
in proportion to the orders
based on Collins dictionary and IATE; it looks the standard term here.
Peer comment(s):
| agree |
gerard robin
1 hr
|
| agree |
Michael H G (X)
: oui ... proportionately to the orders
1 hr
|
4 KudoZ points awarded for this answer.
Comment: "once I understood the first part of this phrase, the second part became clear. Pro rata could have worked here to, but I like this for clarity. Thanks Charles."
9 hrs
Donald Scott Alexander
Native in English
Works in field
Fast, Professional and Accurate!
Native in: English (Variants: US, UK)
Works in: Spanish to English, Portuguese to English, German to English, and 1 more.
buy orders ... on a pro-rata basis
"the buy orders are executed on a pro-rata basis."
But I'm still somewhat worried here... If there were too MUCH demand for the financial instruments being offered, then it's easy to pro-rate every investor's buy order (so that each investor gets a bit LESS than they asked for).
Here however there's too LITTLE demand for the financial instruments -- so it probably wouldn't be right to pro-rate each investor's buy order so that each investor gets a bit MORE than they asked for!
I hope this might at least help give you some ideas...
But I'm still somewhat worried here... If there were too MUCH demand for the financial instruments being offered, then it's easy to pro-rate every investor's buy order (so that each investor gets a bit LESS than they asked for).
Here however there's too LITTLE demand for the financial instruments -- so it probably wouldn't be right to pro-rate each investor's buy order so that each investor gets a bit MORE than they asked for!
I hope this might at least help give you some ideas...
Discussion