Rob Grayson Apr 28, 2021:

@François Since you've failed to actually engage with anything I've posted so far, I see no point continuing this discussion.

Francois Boye Apr 28, 2021:

@ Rob and Allegro trans

The issue is about translating a concept in French. There is no ambiguity as to the meaning of cotation. It means that a specific share is quoted every day on a stock market.

The bone of contention between you and me is the meaning of listing. AS the attachments I sent mean, listing = the conditions an issuing company must meet for its share to be included in the list of tradable shares.

In French, that concept is 'l'admission à la cote/bourse'

https://www.edubourse.com/guide-bourse/condition-admission-b...

https://expydoc.com/doc/2683880/admission-à-la-cote

Rob Grayson Apr 28, 2021:

@Marge Hogarty An IPO is one of various mechanisms used to list shares/stocks on an exchange; it's not the act of listing itself. (An IPO doesn't have a direct French equivalent, which is probably why many French financial writers and analysts use "IPO". The closest thing in French is probably "introduction en bourse".)

Rob Grayson Apr 28, 2021:

@François You're flogging a dead horse. Yes, "cotation" *can* also be translated as "quotation". As usual, context is everything… and in the given context, the best translation is "listing", not "quotation".

As I pointed out in response to your comment on my answer, the Grand Dictionnaire Collins-Robert gives "listing" as the very first translation option for "cotation".

You might argue that Collins-Robert is hardly a specialist finance dictionary. Fair enough. So what about the Ménard Dictionnaire de la comptabilité et de le gestion financière, a highly-regarded specialist financial dictionary? Well, it gives two translation options, as follows:

1. Quotation: Action de faire connaître le cours d'une marchandise, d'un titre ou d'un autre instrument financier sur un marché organisé, compte tenu de l'offre et de la demande enregistrées à un moment donné pour cette marchandise, ce titre ou cet autre instrument financier; résultat de cette action.

2. Listing: Inscription d'un titre à la cote officielle d'une bourse de valeurs.

Again, it's abundantly clear from the context that the most appropriate translation here is "listing".

Francois Boye Apr 28, 2021:

The London Stock Exchange listing rules:

https://www.londonstockexchange.com/raise-finance/equity/how...

Francois Boye Apr 27, 2021:

@ Allegro Trans

A share is listed when it is eligible to being quoted in a stock market. THe listing comes first and the quotation comes second.

https://en.wikipedia.org/wiki/Listing_(finance)

Marge Hogarty Apr 26, 2021:

Initial public offering (in the USA)

Rob Grayson Apr 26, 2021:

@Ana There's absolutely nothing here to suggest that price is what's being referred to; indeed, it would make little sense in this context.

Ana Vozone Apr 26, 2021:

Perhaps "initial trading price".
https://www.google.com/search?q="initial trading price"&sxsr...