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
Lockup period
Period during which a share may not be sold
The term lock-up period refers to the period during which existing shareholders, usually with large stakes in a company, commit not to sell any shares from their holdings after an IPO. In Germany, a lock-up period of between 6 and 18 months is frequently used. It serves to protect new shareholders from falling prices.
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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