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„Cum/Ex“- und „Cum/Cum“

English translation: CumEx and CumCum transactions/trades/scheme

20:21 Apr 20, 2020
German to English translations [PRO]
Bus/Financial - Finance (general) / Money laundering
German term or phrase: „Cum/Ex“- und „Cum/Cum“
"cum/ex" is "cum-ex", but is cum-cum dividend stripping or cum dividend? I can't seem to find the two together.

Source: Einen Hinweis auf den Umfang bietet schon der Hinweis auf eine spezielle Technik, die sogenannten „Cum/Ex“- und „Cum/Cum“-Geschäfte.
Johanna Clark
Spain
Local time: 14:35
English translation:CumEx and CumCum transactions/trades/scheme
Explanation:
Compare with this:
"The scheme Schröm had come across is conservatively estimated, over decades, to have cost European taxpayers at least 55 billion Euros. It has become known as CumEx, or alternatively, CumCum."https://www.cjr.org/analysis/oliver-schrom.php
Selected response from:

Michael Martin, MA
United States
Local time: 08:35
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +4CumEx and CumCum transactions/trades/scheme
Michael Martin, MA


  

Answers


16 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +4
CumEx and CumCum transactions/trades/scheme


Explanation:
Compare with this:
"The scheme Schröm had come across is conservatively estimated, over decades, to have cost European taxpayers at least 55 billion Euros. It has become known as CumEx, or alternatively, CumCum."https://www.cjr.org/analysis/oliver-schrom.php

Michael Martin, MA
United States
Local time: 08:35
Works in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 147
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Chris Pr: But clearly non-pro... :)
14 hrs
  -> Don't forget - the standard for labeling something pro is fairly low. But I agree that this could have been easily researched by anyone.
agree  Inter-Tra: https://www.zeit.de/wirtschaft/2017-06/cum-ex-scandal-tax-ev...
15 hrs
  -> Thanks, Francesca!
agree  Cetacea: with Chris Pr as well. And you, of course, on this one being easy to research. Whenever it takes me less than 5 seconds to find legit resources, I don't answer. So, I hardly answer anymore... ;-)
16 hrs
agree  Leighton Jacobs: Definitely "Scheme" as they are both schemes (similar but different) that involved several transactions/trades. Great explanation here: https://www.europarl.europa.eu/cmsdata/158435/2018-11-26 - I...
3 days 15 hrs
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