Glossary
- iBoxx indices
- ifo Business Climate Index
- In the money
- Independent broker
- Index
- Index certificate
- Index fund
- Indicative price
- Individual custody
- Industry group
- Industry risk
- Initial charge
- Initial dividend
- Initial Public Offering (IPO)
- Insider
- Interim dividend
- Intra-Day-Trading
- Intrinsic value
- Investment certificate
- Investment fund
- Investment guidelines
- Investment horizon
- Investment product
- Investment trust
- Investor relations
- IPO
- IPO-Window
- ISIN
- ISM Index
- ISMA Return
- Issue
- Issuer
- Issuing price
Independent broker
Broker who determines prices for securities in the Regulated Market and in the Unofficial Market.
Like exchange brokers, independent brokers arrange securities transactions between the banks that are represented on the stock exchange. In contrast to exchange brokers, however, they are only authorized to determine prices in the Regulated Market and in the Unofficial Market, and not in the Official Market. They can trade for their own account, although they usually liquidate their positions at the end of each trading session.
Independent brokers are admitted to trading by the exchange operating board. They must demonstrate that they are responsible and reliable, and that they possess the necessary aptitude for exchange trading.
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.
Deutsche Börse 
