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.
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.
A call is the right to purchase the underlying during the exercise period at the strike price.
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.
The continuous auction lasts for the whole trading day. It starts with a pre-trading phase followed by the main trading phase and a post-trading phase. The main trading phase is triggered at a specific time after the pre-trading phase. The order matching is concluded via auctions. An auction is composed of two phases: firstly a pre-call phase and optionally of a call phase, secondly a price determination phase. In the pre-call or call phase all market participants can enter new orders, modify or delete existing ones. Market makers or specialists can also enter or delete quotes.
The trading procedure continuous auction is available as of the 24th of November 2008 for trading in certificates.
Date and time of last traded price.
Period of time during which an option may be exercised.
The expiry date is the date on which the right of the warrant expires.
Last daily high of listing.
Last historic close of listing.
(International Securities Identification Number) Individual Securities Identification Number, prodived for electronic registration of securities on an international basis.
The value of a derivative, e.g. warrant, certificate, performance linked bond, exchange traded fund (ETF) is derived from the value of the underlying instrument. Typical underlyings are stocks, indices, currencies, commodities or also stock baskets.
Bank or financial institution that issues the instrument
Last trade price.
Number of traded securities of the last trade.
Last daily low of listing.
Number of trades of a trading day.
Last open of listing.
A put is the right to sell a certain underlying.
A trade in the form of price without turnover can only occur when a liquidity provider enters a price without turnover quote. If there are no executable orders in the orderbook the price without turnover is generated via the bid side of the quote. A price without turnover can only occur in the continuous auction.
The ratio is the rate of exchange between the warrant and the underlying instrument.
The price which determines the price for physical delivery of trades. In case of derivatives trading the underlying instrument or the price at which contracts are cash settled on the last trading day.
The strike price or exercise price is the price where the underlying can be bought (call) or sold (put).
Time frame during which a security is tradeable on a trading day.
Turnover volume of the trading day in double count.
The underlying is the security that the call or put contract is based on.
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.