证券投资咨询业务英文

1. 请用英文回答几个证券投资方面的问题

1.Market efficiency and arbitrage, and their consequences for judging portfolio management performance ?

这个问题是问市场效率和套利空间状况及其对资产组合管理效果的影响，回答可以是

If the market is efficient and there is huge room for arbitrage, the portfolio should be flexible so that it could be adjusted quickly to grasp market chances. Though it may pose challenges for portfolio management, the possibility of achieving high returns is also getting bigger.

2.Use of derivatives (futures and options) in portfolio management; identification of option components in various economic contracts.
这好像不是问题，意思是在资产组合管理中衍生产品（例如期货和期权）的运用以及不同类型合约中期权类别。

Futures and options are very important in portfolio management because derivatives can greatly rece risk exposure in a given portfolio. In China, no matter in what economic contracts, call option is always the choice as short-selling is still banned in China.

3. International aspects of portfolio management .
这个是说资产组合管理中的国际化因素。

With integration of global financial markets, it is important to put part of the assets in overseas markets to seek higher reces and to better manage risks. For instance, the yield of U.S treasuries is currently higher than that in Japan, China or EU, and it may be a good choice to include part of US treasuries in an asset portfolio, based upon consideration of other factors such as exchange rate changes.

2. 请问证券投资咨询公司的牌照怎么申请

《证券、期货投资咨询管理暂行办法》第六条规定，申请证券投资咨询从业资格的机构，应具回备下答列条件：
1、从事证券投资咨询业务的机构，有五名以上取得证券投资咨询从业资格的专职人员；同时从事证券和期货投资咨询业务的机构，有十名以上取得证券投资咨询从业资格的专职人员；其高级管理人员中至少一名取得证券投资咨询从业资格。
2、有100万元人民币以上的注册资本。
3、有固定的业务场所和与业务相适应的通讯及其他信息传递设施。
4、有公司章程。
5、有健全的内部管理制度。
6、具备中国证监会要求的其他条件。
具备以上条件即可向中国证监会提出申请.

3. 投资学、基金、证券或者CFA 的英文简介

History of CFA Institute （CFA协会历史）

Early Investment Societies are Birthplace of CFA Institute

In 1925, financial analysts formed the Investment Analyst Society of Chicago to promote investment ecation and professionalism and to provide forums with corporate financial managers. In 1937, the New York Society of Security Analysts (NYSSA) was established by Benjamin Graham and others. In 1945, NYSSA began publishing The Analysts Journal, which was eventually renamed the Financial Analysts Journal (FAJ).
By 1947, analyst societies had formed in several other cities and four member societies — New York, Chicago, Boston, and Philadelphia — merged to create the National Federation of Financial Analysts Societies (NFFAS). As new societies formed, they also joined the NFFAS. In 1954, NYSSA transferred publication of the FAJ to the NFFAS. By the later 1950s, NFFAS included more than 20 member societies.

Evolution of the CFA Designation

Benjamin Graham had proposed the need for a rating designation for analysts as early as 1942. However, it wasn’t until 1959 that the NFFAS board formed the Institute of Chartered Financial Analysts (ICFA) to provide a certification of competence. The new ICFA was formally incorporated in 1961 and gave the first certification examination on 15 June 1963. The ICFA established a full set of three examination levels in 1964 and adopted a required code of ethics. NFFAS, which changed its name to the Financial Analyst Federation (FAF), began an increasingly sophisticated program of ecational and training programs in cooperation with its member societies. Before long, the ICFA was also promoting conferences, publishing books, and engaging in ecational endeavors.

Like-Minded Organizations Combine

Despite their common goals, the ICFA and the FAF were organized differently and had different memberships. The ICFA was run by its membership, which was restricted to those who held the CFA designation. The FAF, however, was a federation of societies. Most of its members held the CFA charter, although a number did not, and the FAF was controlled by its constituent societies, not directly by indivial members.

Nevertheless, the ICFA and the FAF worked closely together to improve the profession. By 1973, this cooperative effort resulted in a merger proposal. But it wasn’t until 1990 that the first formal merger step was taken, with the formation of the parent organization to both the ICFA and the FAF, the Association for Investment Management and Research (AIMR®). The ICFA and the FAF each continued to operate with separate boards and missions. The second step toward a merger occurred when the FAF moved its headquarters to shared space with the ICFA and AIMR.

Finally, in May 1999, the ICFA and the FAF were merged under AIMR, and the ICFA and the FAF ceased to exist. In May of 2004, the membership overwhelmingly voted to change the name to CFA Institute to align the organization with its core identity and to strengthen brand recognition.
参考一下吧，不知道能不能帮到你，关于CFA更多的咨询你可以去中国CFA网看看

4. 证券投资部的英文翻译

证券投资部Security Investment Department

5. ACCA,CISA,FSA,CFA,CFP,PMP谁帮忙用英文解释下这几个金融资格职业证书,(不要解释是什么的缩写)

CISA is an audit professional certification sponsored by the Information Systems Audit and Control Association (ISACA). Candidates for the certification must meet requirements set by ISACA。
The CISA certification was established in 1978[1] for several reasons:

Develop and maintain a tool that could be used to evaluate an indivials' competency in concting information system audits.
Provide a motivational tool for information systems auditors to maintain their skills, and monitor the success of the maintenance programs.

Provide criteria to help aid management in the selection of personnel and development.

The first CISA examination was administered in 1981, and registration numbers have grown each year. Over 60,000[1] candidates have earned the CISA designation.

The CISA certification has been recognised with ANSI accreditation, along with the CISM certification- both of these certifications are managed by ISACA. It is one of the few certifications formally approved by the US Department of Defense in their Information Assurance Technical category (DoD 8570.01-M).

Requirements
Candidates for a CISA certification must pass the examination, agree to adhere to ISACA's Code of Professional Ethics, submit evidence of a minimum of five years of professional IS auditing, control, or security work, and abide by a program of continuing professional ecation.

Substitutions and waivers of such experience may be obtained as follows:[2]

A maximum of one year of information systems experience OR one year of financial or operational auditing experience can be substituted for one year of information systems auditing, control, or security experience.
60 to 120 completed college semester credit hours (the equivalent of an Associate or Bachelor degree) can be substituted for one or two years, respectively, of information systems auditing, control or security experience.
Two years as a full-time university instructor in a related field (e.g., computer science, accounting, information systems auditing) can be substituted for one year of information systems auditing, control or security experience.

[edit] Examination
The exam consists of 200 multiple-choice questions that must be answered within 4 hours. The exam is split between 6 Content Areas as of 2006:

IS Audit Process - 10% of Exam
IT Governance - 15% of Exam
Systems and Infrastructure Lifecycle Management - 16% of Exam
IT Service Delivery and Support - 14% of Exam
Protection of Information Assets - 31% of Exam
Business Continuity and Disaster Recovery - 14% of Exam
The exam is now offered in 11 languages at more than 200 locations worldwide in June and December.
The Association of Chartered Certified Accountants (ACCA) is a British chartered accountancy body with a global presence that offers the Chartered Certified Accountant (Designatory letters ACCA or FCCA) qualification worldwide. It is one of the world's largest and fastest-growing accountancy bodies with 122,426 members and 325,606 affiliates and students in 170 countries. The Institute's headquarters are in London with the principal administrative office being based in Glasgow. In addition the ACCA has a network of nearly 80 staffed offices and other centres around the world.

The ACCA is a founding member body of the Consultative Committee of Accountancy Bodies (CCAB) and the International Federation of Accountants (IFAC).

The term 'Chartered' in ACCA qualification refers to the Royal Charter granted in 1974 by Her Majesty the Queen in the United Kingdom.

Since Chartered Certified Accountant is a legally protected term, indivials who describe themselves as Chartered Certified Accountants must be members of ACCA and, if they carry out public practice engagements, must comply with additional regulations such as holding a practising certificate, being insured against any possible liability claims and submitting to inspections.

The Association of Authorised Public Accountants (AAPA), one of the British professional bodies for public accountants, has been a subsidiary of ACCA since 1996.

FSA is an independent non-governmental body, quasi-judicial body and a company limited by guarantee that regulates the financial services instry in the United Kingdom.
The Financial Services and Markets Act imposed four statutory objectives upon the FSA:
market confidence: maintaining confidence in the financial system
public awareness: promoting public understanding of the financial system;
consumer protection: securing the appropriate degree of protection for consumers; and
rection of financial crime: recing the extent to which it is possible for a business carried on by a regulated person to be used for a purpose connected with financial crime

[edit] Regulatory principles
The statutory objectives are supported by a set of principles of good regulation which the FSA must have regard to when discharging its functions. These are:

efficiency and economy: the need to use its resources in the most efficient and economic way.
role of management: a firm’s senior management is responsible for its activities and for ensuring that its business complies with regulatory requirements. This principle is designed to guard against unnecessary intrusion by the FSA into firms’ business and requires it to hold senior management responsible for risk management and controls within firms. Accordingly, firms must take reasonable care to make it clear who has what responsibility and to ensure that the affairs of the firm can be adequately monitored and controlled.
proportionality: The restrictions the FSA imposes on the instry must be proportionate to the benefits that are expected to result from those restrictions. In making judgements in this area, the FSA takes into account the costs to firms and consumers. One of the main techniques they use is cost benefit analysis of proposed regulatory requirements. This approach is shown, in particular, in the different regulatory requirements applied to wholesale and retail markets.
innovation: The desirability of facilitating innovation in connection with regulated activities. For example, allowing scope for different means of compliance so as not to unly restrict market participants from launching new financial procts and services.
international character: Including the desirability of maintaining the competitive position of the UK. The FSA takes into account the international aspects of much financial business and the competitive position of the UK. This involves co-operating with overseas regulators, both to agree international standards and to monitor global firms and markets effectively.
competition: The need to minimise the adverse effects on competition that may arise from the FSA's activities and the desirability of facilitating competition between the firms it regulates. This covers avoiding unnecessary regulatory barriers to entry or business expansion. Competition and innovation considerations play a key role in the FSA's cost-benefit analysis work. Under the Financial Services and Markets Act, the Treasury, the Office of Fair Trading and the Competition Commission all have a role to play in reviewing the impact of the FSA's rules and practices on competition.

[edit] Accountability and management
The FSA is accountable to Treasury Ministers, and through them to Parliament. It is operationally independent of Government and is funded entirely by the firms it regulates through fines, fees and compulsory levies. Its Board consists of a Chairman, a Chief Executive Officer, a Chief Operating Officer, two Managing Directors, and 11 non-executive directors (including a lead non-executive member, the Deputy Chairman) selected by, and subject to removal by, HM Treasury. Among these, the Deputy Governor for Financial Stability of the Bank of England is an ex officio Board member. This Board decides on overall policy with day-to-day decisions and management of the staff being the responsibility of the Executive. This is divided into three sections each headed by a Managing director and having responsibility for one of the following sectors: retail markets, wholesale and institutional markets, and regulatory services.

Its regulatory decisions can be appealed to the Financial Services and Markets Tribunal.

HM Treasury decides upon the scope of activities that should be regulated, but it is for the FSA to decide what shape the regulatory regime should take in relation to any particular activities.

The FSA is also provided with advice on the interests and concerns of consumers by the Financial Services Consumer Panel [2]. This panel describes itself as "An Independent Voice for Consumers of Financial Services". Members of the panel are appointed and can be dismissed by the FSA and emails to them are directed to FSA staff. The Financial Services Consumer Panel will not address indivial consumer complaints.

Chartered Financial Analyst (CFA) is an international professional designation offered by the CFA Institute of USA (formerly known as AIMR) to financial analysts who complete a series of three examinations. Candidates must have a bachelor's degree (or equivalent), be in the final year of their bachelor's degree program, or have at least four years of qualified, professional work experience in order to take the exams. In order to become a "CFA Charterholder" candidates must pass all three exams, agree to comply with the code of ethics, pay member es, and have four years of work experience deemed acceptable by the CFA Institute. CFA charterholders are also obligated to adhere to a strict Code of Ethics and Standards governing their professional conct

The Certified Financial Planner (CFP) designation is a certification mark for financial planners conferred by the Certified Financial Planner Board of Standards in the United States, Financial Planners Standards Council in Canada and 18 other organizations affiliated with Financial Planning Standards Board (FPSB), the international owner of the CFP mark outside of the United States. To receive authorization to use the designation, the candidate must meet ecation, examination, experience and ethics requirements, and pay an ongoing certification fee.[1]. The information contained herein relates specifically to CFP certification in the United States. For information on CFP certification outside of the United States, please see the FPSB website at http://www.fpsb.org/CMS/index.php?option=com_content&task=view&id=84&Itemid=110 for a list of affiliate member organizations and their respective websites.
The CFP Certification Examination is a 10-hour multiple choice exam, divided into one four-hour session (Friday afternoon) and two three-hour sessions (Saturday). The exam includes three major case problems and is designed to assess the student's ability to apply his or her knowledge of the aforementioned areas to financial planning situations. The exam was set as a requirement in 1993 and at that time CFPs were grandfathered without having to pass this exam. [5]

Indivials holding professional designations pre-approved by the CFP Board (like PhDs in business and economics, attorneys, Certified Public Accountants (CPA), Chartered Certified Accountants (ACCA), Chartered Accountants (CA), Chartered Wealth Managers (AAFM) ), and Chartered Financial Analysts (CFA) are entitled to register for and take the exam without having to complete the ecation requirements by using the CFP-board's challenge status.

Project Management Professional is properly expressed as the credential PMP. The credentialing agency is the Project Management Institute ([1] PMI). This credential is obtained by gaining a certification in project management through the completion of PMI certified training and examination. PMP training and examination material comes from the Guide to the Project Management Body of Knowledge PMBOK published most recently in 2007. Most exam questions reference PMI's project quality standards documented in the PMBOK. The PMP credential undergoes rigorous validation by ISO, and the PMBOK methodology is widely regarded as the instry standard for Project Management and has been adopted as the single standard for project management by agencies such as NASA.

PMP (Project Management Professional) is one of four concentrations offered by PMI in the study of Project Management:
1. CAPM Certified Associate in Project Management: This certification is obtained after passing the CAPM Exam
2. PMP Project Management Professional: This certification is obtained after passing the PMP Exam
3. PgMP Program Management Professional: This certification is obtained after passing the PgMP Exam
4. PMI RMP PMI Risk Management Professional: This certification is obtained after passing the PMI-RMP Exam

6. 投资顾问（FC），，，证券公司招聘投资顾问时，在后面括弧fc是什么意思呢

我认为是FC 就是Financial consultant 即投资顾问的缩写
Financial consultants provide financial advice to corporations and money managers. This advice may involve the strategies for creating shareholder value, business valuation, M&A advisory, economic forecasts and analysis or suggestions for Treasury management. Hot topics include valuation of internet companies, real options and corporate financial systems.

7. 请用英文回答几个投资与证券方面的问题

1. 预期效用最大化（也可翻译成为预期回报最大化）的定义是什么？
2。 在风险偏好（或者风险厌恶程度）、预期回报、平均效率/效率偏差以及投资策略多元化之间存在什么关系？
3。 什么是估值理论？套利模型（APT）和资本资产定价模型（CAPM)又是什么？
4. 如何通过现金流分析得出股票和债券的价格？

这些东西比较专业了，只有专业的投资人士才会用到，但是在基金公司或证券公司做投资决策时，这些都是最为基本的模型和理论。

8. 证券公司中“行业研究”和“行业研究员”怎么翻译呀

Instry Research
Instry Analyst

9. 什么叫投资管理公司,投资管理公司和投资咨询公司有什么区别

投资管理公司是一种新型的投股控股公司，英文缩写：投资管理公司PIMC。其主旨是为其它公司提供战略策划以及资金引进等资金管理服务，解决消除这些公司存在的一些限制其公司发展的不利因素，从而实现公司的复兴，体现了竞争合作求双赢的合作原则。

1、作用不同

投资管理公司类似于一种媒介，其在运行中起着中间介质的作用，为其它一切在管理上或者是资金上有困难的公司提供策略与方针并为其引入投资与合作伙伴，使其实现企业的复兴。

投资咨询公司在西方国家中称为投资顾问，是证券投资者的职业性指导者，包括机构和个人。主要是向顾客提供参考性的证券市场统计分析资料，对证券买卖提出建议，代拟某种形式的证券投资计划等。

2、经营范围不同

投资咨询公司经营范围：投资咨询，投资管理，资产管理，创业投资，实业投资，市场营销策划，企业形象策划，商务咨询、企业管理咨询（咨询类项目除经纪），知识产权代理（除专利代理）

投资管理公司为其它一切符合资格的公司提供策略投资，为企业增值，并为之引入投资伙伴，同时也包括企业包装以及股本与公司架构重组。涉及卫生、环保、消防、海关、进出口权、烟酒经营等多个行业.（注：行业政策性控制由当地实际情况决定。）

3、盈利方式不同

投资管理公司其主要盈利方式是，获取策略上的回报或者是在公司里参股以获得必要回报。其经营精神是“竞争合作求双赢”。

投资咨询公司就是根据客户的要求，收集大量的基础信息资料，进行系统的研究分析，向客户提供分析报告和操作建议，帮助客户建立投资策略，确定投资方向。以此来盈利。

10. 证券投资实务用英语怎么说

证券投资实务

翻译成英语是：

Technical Analysis for Securities Investment