Glossary
- Early-stage financing
- eb.rexx indices
- ebB (Price Addendum)
- ebG (Price Addendum)
- EBIT
- EBITDA
- ECN (electronic communication network)
- Economic indicators
- Elasticity (warrants)
- Electronic exchange
- Elliot Waves
- EMA (Exponential Moving Average) 38
- Employee shares
- Entry Standard
- Equity fund
- ETF (exchange-traded fund)
- Euribor (European interbank offered rate)
- Euro
- European-style option
- Ex-day
- Exchange Operating Board
- Exchange rate
- Exchange Supervisory Office
- Exchange trader
- Exchange turnover
- Exercise (warrants)
- Exercise period (warrants)
- Exercise price
- Exercise ratio
- Exhaustion gap
- Existing share
- Exit
- Exotics
- Expiry
- Expiry date
ETF (exchange-traded fund)
The abbreviation, ETF, stands for exchange-traded fund and refers to index trackers tradable on the stock exchange. The two main features of ETFs:
Transparent portfolio
The composition of ETF portfolios is published on a daily basis. Thus, investors are provided with a continuous overview of the weighting of individual shares in the portfolio, which is based on the closing prices from the previous trading day.
Creation/redemption
ETFs have a so-called creation and redemption mechanism, which allows professional market participants to exchange share baskets with the same composition for the ETF from the investment company.
On the Frankfurt Stock Exchange, ETFs are listed in the XTF® segment and can be traded continuously on Xetra® or in floor trading. There is no front-end load for investors.
Deutsche Börse 
