Glossary
- Call (warrant)
- Cancelled order
- Cap (investment and leverage products)
- Capital increase
- Capital market
- Capital reduction
- Capital stock
- Cash dividend
- Cash market
- Cash settlement (warrants)
- Cash settlement price
- Cashflow
- CDAX
- Central bank
- Certificate
- Certificate of renewal
- Changes to the composition of an index
- Chart
- Chart analysis
- Classic All Share
- Clean price
- Clearing
- Close out
- Closed-end fund
- Closing Price
- Coco bond
- Collective custody
- Commercial paper
- Commission
- Commission trading
- Commodity futures
- Commodity futures exchange
- Common gap
- Compliance guidelines
- Conditional capital increase
- Consumer Confidence
- Continuous trading
- Convertible bond
- Cooperative stock exchanges
- Corporate bond
- Correlation coefficient
- Counter transaction
- Countercyclical investment
- Countercyclical stocks
- Country risk
- Coupon
- Course notes
- Covered warrant
- Creation
- Credit risk
- Creditworthiness
- Cum
- Currency bond
- Cyclical shares
- Cyclical stocks
Closing Price
The last official price fixed on the exchange at the close of a trading day – discontinued as of 1 April 2004.
The lead brokers at FWB® Frankfurter Wertpapierbörse fixed closing prices as the last price of the trading day, when their order books allowed that to be done. Since 3 November 2003 the fixing of closing prices for stocks in the DAX® index starts on the Frankfurt trading floor at 7.55 p.m. and for remaining stocks already at 7.30 p.m.. From that time on, variable price determination is not allowed.
On the electronic trading platform Xetra®, closing prices are fixed from 5.30 p.m. in a closing auction.
Cash settlements of warrants are calculated from the individual closing prices of the underlying instruments.
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.