Terms - Alphabetical Index
Note: All security figures are calculated with the cost-model.
Price at which a security is offered for sale.
Best ask size
If bid/ask shows a zero value and if bid/ask size shows a tradable volume the order book contains a market order. There are the following basic types of orders:
Market Order: Market orders are unlimited buy or sell orders to be executed at the next price that is determined.
Limit Orders: Limit orders are buy or sell orders to be executed at the set limit price or better.
Price a prospective buyer is willing to pay.
Indicates if the order type of Bid/Ask is a market order or a limit order. 0: Market Order, 1: Limit Order
Best bid size
If bid/ask shows a zero value and if bid/ask size shows a tradable volume the order book contains a market order. There are the following basic types of orders:
Market Order: Market orders are unlimited buy or sell orders to be executed at the next price that is determined.
Limit Orders: Limit orders are buy or sell orders to be executed at the set limit price or better.
Percentage change / absolute change of last trade price to the last trade price of the previous trading day resp. the previous last trade price generally.
Denomination currency of a bond.
Interests or other earnings are settled on the interest due date. By submitting the coupon the owner receives the interests or dividend.
Date and time of last traded price.
Bonds are split up in certain nominal units.
The auction price that would have been determined if the auction were to close at this point in time.
(International Securities Identification Number) Individual Securities Identification Number, prodived for electronic registration of securities on an international basis.
Data when a bond is issued.
Last trade price.
Number of traded securities of the last trade.
At maturity day the value of the bond is credited to the investor's account. In general the last exchange trading day is two days before the maturity day.
Number of trades of a trading day.
Last open of listing.
Zertifikate:
Datum an dem das Zertifikat zur Rückzahlung bzw. Rückkaufes fällig ist.
possible content: B/S/N
B: surplus in auction is on Buy-side (demand exceeds supply).
S: surplus in auction is on Sell-side (supply exceeds demand).
N: No surplus in auction.
A surplus of orders is given if demand in a listing exceeds supply at the end of the call phase in an auction, or if supply exceeds demand at the end of the call phase in an auction. Market participants have the possibility to execute orders from the remaining surplus of an auction (i.e., orders with an auction price limit or a better limit that were left unfilled) at the auction price.
For listings traded with closed orderbook in an auction information concerning potential surplus in auction is available during the entire call phase. For all instruments traded with open orderbook the surplus in auction is displayed only during the Price determination phase.
The Call phase is the opening phase of an auction that is followed by the price determination phase or, if applicable, the order book balancing phase. During this phase, market participants may enter new orders.
The time period remaining until maturity.
Total nominal capital listed on the exchange.
Continuous trading
Trading form in which securities prices are determined continuously during the trading session.
Auction
A trading procedure on an exchange in which liquidity is concentrated by bundling and taking into account all orders placed. Buy and sell orders are listed opposite to each other in an orderbook and the auction price is determined by applying the principle of matching as many orders as possible.
Time frame during which a security is tradeable on a trading day.
Turnover value of the trading day in double count.
Turnover volume of the trading day in double count.
The coupon entitles the holder to interest or dividend payment. The type of the coupon defines the form of the interest payment.
Time weighted average yield on the invested capital.
Highest price in the last 52 weeks.
The calculation of is based on intraday trades.
Lowest price in the last 52 weeks.
The calculation of is based on intraday trades.
The Yield p.a. shows the yield to maturity (YTM) of a bond or other fixed-interest security, such as gilts, is the internal rate of return (IRR, overall interest rate) earned by an investor who buys the bond today at the market price, assuming that the bond will be held until maturity, and that all coupon and principal payments will be made on schedule. Yield to maturity is actually an estimation of future return, as the rate at which coupon payments can be reinvested when received is unknown.
(Source: http://en.wikipedia.org/wiki/Yield_to_maturity)
The Yield p.a. is calculated according to the following formula approved by ICMA:
