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
- 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
- Covered warrant
- Creation
- Credit risk
- Creditworthiness
- Cum
- Currency bond
- Cyclical shares
- Cyclical stocks
Close out
The neutralization of an entered stock exchange transaction by opening a long or short position which is the exact opposite to the original position.
Investors can only take one of two basic investment directions: they go long or short. Investors buying stocks, bonds, funds or derivatives in order to benefit from increasing prices go long. Investors holding long positions expect rising prices and take the risk of falling prices. Going short means to sell securities without actually holding them (short sale) respectively betting on falling prices by buying the appropriate derivative instruments. Holding a short position means expecting falling prices while taking the risk of increasing prices. By closing out investors neutralize these risks by closing the position or by a quid-pro-quo transaction.
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 
