Glossary
- Tax-exempt investment income (Sparerfreibetrag)
- TecDAX
- Technical analysis
- Technology All Share
- Termination level
- Theta (warrants)
- Tick
- Tick data
- Ticker Plant Frankfurt (TPF)
- Time index
- Time value (warrants)
- Total net assets (XTF)
- Trade
- Trade Repository
- Trade-Sale
- Trading day
- Trading floor system
- Trading Surveillance Office (Handelsüberwachungsstelle, ‘TSO’)
- Transaction costs
- Transaction value
- Transfer
- Transparency Standard
- Trend
- TRICE
- Trustee
- Turn-around financing
Transaction costs
Fees associated with the execution of a securities order.
Transaction costs are incurred when an investor buys or sells securities. If an order is executed on the trading floor, the investor must pay a brokerage fee as specified in the fee schedule of the exchange.
Investors who trade securities on the exchange must do so through their bank. In return for its services as an intermediary, the bank will typically charge a fee equivalent to one percent of the price of the security.
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.