Nov 23, 2020 00:31
3 yrs ago
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English term
High-quality translator from Barcelona
Native in: Spanish 
Works in: English to Spanish, French to Spanish, English to Catalan, and 3 more.
far-leg
English to Spanish
Bus/Financial
Investment / Securities
Thank you in advance for the answer. What is the meaning of "near leg date" in the following context:
A FX Swap has two legs or stages (a near leg date and a far leg date).
On the near leg date, you swap one currency for another at an agreed spot foreign exchange rate and agree to swap the same currencies back again on a future date (far leg date) at a forward foreign exchange rate.
Source: https://corporate.nordea.com/product-information/fx-swap
A FX Swap has two legs or stages (a near leg date and a far leg date).
On the near leg date, you swap one currency for another at an agreed spot foreign exchange rate and agree to swap the same currencies back again on a future date (far leg date) at a forward foreign exchange rate.
Source: https://corporate.nordea.com/product-information/fx-swap
References
| far leg |
David Hollywood
|
Reference comments
2 hrs
David Hollywood
Native in English
Works in field
worked for int. orgs (IMF, OAS, IDB)
Native in: English
Works in: Spanish to English, German to English
Related KudoZ points
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16
Reference:
far leg
Peer comments on this reference comment:
| agree |
Luis M. Sosa
: De acuerdo. Ver también mi discussion entry.
11 hrs
|
Discussion
Yo lo dejaría en inglés, con lo cual la frase completa podría quedar así:
A FX Swap has two legs or stages (a near leg date and a far leg date).
On the near leg date…
Un swap de divisas tiene dos legs o etapas (conocidas como también como patas, una cercana y otra lejana). En la leg cercana…
Un uso similar se puede encontrar en la música, se suele decir ‘tour leg’ a una parte de una gira mundial o regional, que tiene lugar en un país o región o ciudad.