Glossary
- b (price addendum)
- B-shares
- Backwardation
- Balance-sheet analysis
- Bar chart
- Base currency
- Base interest rate
- Basis point
- Basis trade
- Basket certificate
- bB (price addendum)
- Bear Call Spread
- Bear flag
- Bear market
- Bear trap
- Bearer share
- Bears
- Benchmark
- Beta factor
- bG (price addendum)
- Bid
- Bid price
- Bid-ask spread
- Black-Scholes model
- Blue chips
- Bobl Future
- Bodies of the stock exchange
- Bond
- Bond index
- Bonus
- Bonus certificate
- Bonus shares
- Bonus thresholt
- Book-building
- Bookbuilding range
- Börsenordnung (Stock Exchange Rules and Regulations)
- Börsenrat (Exchange Council)
- Break-even point (warrants)
- Breakout gap
- Bridge capital
- Broker
- Brokerage commission
- Bund Future
- Bundesanstalt für Finanzdienstleistungsaufsicht (BAFin)
- Business angel
- Business plan
- Buyback
Black-Scholes model
Formula used to determine the value of options and warrants
Named after the American economists Black and Scholes, this formula takes into account the five most important determinants for the price of an option: the price of the underlying stock, the exercise price, the time remaining to expiration, interest rate levels and volatility.
Our glossary explains important financial terms and should not leave any questions unanswered. However, if you are missing a definition, please write to us at redaktion@deutsche-boerse.com. We will then include the term if possible.
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