Glossary
- DAX
- DAX future
- Day-Trading
- Dealer
- Delta (warrant)
- Derivatives
- Derivatives exchange
- Derivatives market
- Designated Sponsor
- Dilution of ownership
- Direct bank
- Direct listing
- Direct offering
- Directors' Dealings
- Discount broker
- Discount certificates
- Discount rate
- Distribution
- DivDAX
- Diversification
- Dividend
- Dividend guarantee
- Dividend stripping
- Dividend yield
- Double listing
- Downward movement
- Dual Listing (DL)
Derivatives market
Segment of an exchange in which derivatives, and in particular options and futures, are traded
An important aspect of trading in the derivatives market is that the delivery and settlement of an options or futures contract does not ensue immediately. In other words, at the time the contract is concluded, the buyer does not have to deliver the liquid funds, nor the seller the commodity. One of the world’s largest derivatives markets is Eurex®, a subsidiary of Deutsche Börse AG.
In addition to the exchange-based options and futures market, there is also an OTC (over-the-counter) derivatives market, in which the majority of participants are banks and other financial institutions.
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.