ABSTRACT

Financial markets are inherently multilingual, relying on translation for communication, information gathering, and decision-making. However, many financial market participants utilize English as a lingua franca and remain blind to the extensive hidden translation on which they depend, while outsiders cannot access organizations’ language policies and translation practices. Additionally, financial markets offer a form of intersemiotic translation from information to prices, with prices playing an important communicative function in the global economy. The underlying connection among these hidden translation practices is information asymmetry. This chapter employs information asymmetry as a paradigm to uncover the role of hidden translation in financial markets concerning four sets of actors: multinational corporations, regulatory bodies, financial news media, and investors.