Glossary
- L/E-DAX
- Laspeyres index
- Last price
- Late indices
- Lead brokers
- Lead manager
- Legal Entity Identifier
- Leverage (Warrant)
- Liability for statement made in a propectus (Prospekthaftung)
- Limit
- Limit order
- Line chart
- Liquidity
- Liquidity Category
- Liquidity Classes
- List price
- Listing
- Load (XTF)
- Loan value
- Lockup period
- Lokomarket
- Lombard rate
- Long position
- Low
Liquidity Category
Each instrument in Xetra is assigned to a liquidity class A or B by means of a quarterly calculation of the level of liquidity in order to see if a Designated Sponsor is required. An instrument within liquidity category B needs the support of a Designated Sponsor to be continuously traded. Highly liquid instruments within category A can be traded continuously without the support of a Designated Sponsor.
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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