Have you ever wanted to get started on stocks, but just didn’t know where to start with the technical jargon?
Technical translators can parse through the jungle of technical jargon when it comes to the stock market. Stocks are filled with technical data, from when you start applying to when you start trading to when you sell stocks. For companies as well, getting into the stock market is riddled with technical data, documents, and reports. You’ll need the help of translators when it comes to looking at insider trading.
When it comes to technical analysis of stocks, technical stock data, and technical reports, technical translators can come in handy to translate the necessary information from one source language to another target language.
A guide to translating technical documents and reports, this article will go into the problems of insider data and stock market jargon and how technical translation services may be able to help. We’ll go into types of technical documents such as stock charts, and more.
Then we’ll touch on the importance of technical translation services in expanding your financial growth, through translation in almost any language. We’ll talk about the technical translator, who’s knowledgeable in the industry as a linguist. We’ll wrap it up by showing you how to find the right technical translation services for you.
Let’s get started on translating, the technical way. Are you ready?
Photo by Adam Nowakowski on Unsplash
Types of Technical Documents Relevant To The Stock Market
Technical translation, by definition, is a specialized type of translation. It translates any document for scientific and technological purposes. When it comes to the stock market, technical translation can be relevant for translating stock charts, stock portfolios, and more. Only linguists with technical training in these types of translations can translate your documents, which we’ll talk about later.
There are certain types of documents that are relevant for the stock market, which can be transformed into another language by expert technical translators, such as:
- Income proofs – proofs of your income such as your income tax return, latest salary slip, bank statements
- Identifying information – birth certificates, ID cards, and any other official documents proving your identity
- Prospectus – a formal document required by the Securities and Exchange Commission. It’s needed for offerings of stocks, bonds, and mutual funds.
- Memorandum and Articles of Association – a public document viewed by the public and kept at your registered office.
- Terms and Conditions Manuals – manuals for cryptocurrency businesses or businesses on the stock exchange
- Stock charts and graphs – charts and graphs marking stock price trends for technical analysis of stocks
- Other individual or business documents relevant to the stock market or cryptocurrency
These documents may need the help of a technical translator, who translates relevant documents for cryptocurrency businesses and companies on the stock exchange. Next, we’ll see the importance of technical translation services in providing the necessary translations for these documents.
The Importance of Technical Translation Services in Expanding Your Financial Growth
For a non-English speaker, there are many stock market jargon that’s bound to confuse you: bid-ask spread, limit order, bull market, bear market, market order, trading volume, and more American terms that will go over your head.
Technical translation services transform the technical data and stock market jargon into simpler terms in your language that you can understand. Technical language translation is an essential complement to numerical computation and documentation, technical analysis for stocks, and technical terminology for stocks and cryptocurrencies.
Technical translation services can be your stepping stone to understanding the field of technical data and documentation, such as those pertaining to the stock market. Technical translation services can be used for all data translations, by translators who are versed in parsing through mountains of data in order to arrive at seamless translations.
We interviewed experts at Trustpilot, Zippia, and Tomedes. In one of our interviews, Ofer Tirosh, CEO of Tomedes, a language service provider specializing in technical translation services, said, “Technical translation is an evolving field that requires diligence in technical fluency and accuracy in language fluency. We believe that when working with technical translators, it is important to double check not only the language expertise but also industry expertise of the project’s domain.”
According to the national standards of the American Translator’s Association, specialization is one of the ten steps to make your technical translation project a success.
Technical translation services are crucial to expanding your financial growth by turning your technical data into a different language that can be understood by many. If you need to be updated on the latest news, like what stocks to buy now, how will you do that if your native language isn’t English? Your financial growth can be multiplied by simple language services such as technical translation.
Next, we’ll find out the technical translator’s job and how it applies to technical translation.
The Technical Translator’s Job
The technical translator has a very important role in the translation industry. They translate data simultaneously or consecutively into specified languages, maintaining the context of the data from one language to another. Technical translation covers the fields of both translations and technical data.
According to Zippia career site, “When it comes to the most important skills required to be a technical translator, we found that a lot of resumes listed 19.8% of technical translators included technical documents, while 10.3% of resumes included technical translation, and 9.2% of resumes included technical manuals.”
Tomedes, a leading translation service globally, looks for two major qualifications for the technical translator: 1). industry experience in technical translation, and 2). linguistic expertise in more than two languages. Tomedes hires technical translators strategically in different time zones worldwide so that wherever the sun sets, there is a technical translator waiting for you.
How To Find the Right Technical Translation Services For You
To find the right technical translation services for you, you have two options: translation services or freelance translators. Here are the pros and cons of either service, as well as how to find them:
- Freelance translators – If you’re going to use a freelance technical translator, you can use sites such as Upwork or Fiverr. You can compare their rates, optimize your budget, and find a technical translator that’s right for you. Compare freelance translators by looking at their reviews and their portfolios. However, freelance technical translators will work on their own time, so make sure to coordinate with them for their times of work.
- Technical Translation Services – A technical translation service can be found online and you can transact remotely. The best translation firms have technical translation at their disposal. You can look on review sites such as Trustpilot, to compare and contrast technical translation services. Look for a high client satisfaction rate, preferably in the 90s. Look for fast customer service, as well, with a 24/7 customer support line, so that your needs are always first when it comes to the company. The right technical translation service will have the best technical translators at their disposal.
The Conclusion
It doesn’t have to be complicated navigating the stock market industry. You can hire a technical translator to go through stock data for your business. Technical translation services can help you every step of the way.
