Glossary

Minimum trading unit

The minimum number of shares or the minimum par value eligible for execution in continuous trading.

In floor trading at FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange), all stock orders are executed at the next possible opportunity. The minimum trading unit is one share.

Bond orders must have a par value of at least euro 1 million to be eligible for continuous trading.

In the Xetra® electronic trading system, the minimum trading unit for all stocks is one share.

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.