Glossary

Lokomarket

A market segment of a stock exchange in which the settlement of a transaction - i. e. delivery, taking delivery, and payment - must take place within a short time after the transaction has been concluded.

Germany, the settlement period is two trading days. Cash market transactions on FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange) are settled both on the floor and in the Xetra electronic trading system.

Antonym: derivatives market

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.