Glossary
- Paasche index
- Par value
- Partial execution
- Participation certificates
- Pension fund
- Peoples share
- Performance evaluation
- Performance index
- Physical delivery (warrants)
- Placement
- Placement volume
- Pool factor
- Portfolio
- Practise
- Preferred shares
- Premium
- Premium (warrant)
- Premium Margin
- Price addendum
- Price category
- Price details
- Price index
- Price sensitivity
- Price-cashflow-ratio
- Price-earnings ratio
- Price-to-book-ratio
- Primary market
- Prime All Share
- Prime Standard
- Principle of highest volume transacted
- Private placement (PP)
- Proprietary trading
- Prospectus
- Put warrant
Price category
Classification of securities prices determined on FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange).
Price categories provide information on the method used to determine prices in the Xetra® electronic trading system or on the floor.
There are eight different price categories:
In floor trading:
- E = Opening price
- K = Spot price for securities with a daily price determination by the market maker, typically by 12.00 p.m.
- V = Variable trading in continuous listing, price determination is possible at all times
In Xetra® trading:
- A = Auction (regular auction)
- C = Continuous Trading
- F = Final Auction
- O = Opening Auction
- V = Volatility Interruption Auction
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.
Deutsche Börse 
