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)
Direct bank
A credit institution that has no branch system; transactions being handled via telephone, fax or the Internet
Direct banks provide banking services 24 hours a day and charge low fees. However, because they typically do not offer financial consultancy services, they do not require a large number of qualified bank employees. Payment transactions are handled via ATMs and the branch systems of other banks.
Thanks to modern telecommunications systems, direct banks can operate from any location. They are typically domiciled in areas with low personnel costs and a favorable tax framework.
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.
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