Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

G

Gamma

An absolute-viewed change in the delta with a price change of the underlying value. Gamma values of bought options are always positive while written options have a negative gamma value.

Gamma-Faktor

An absolute-viewed change in the delta with a price change of the underlying value. Gamma values of bought options are always positive while written options have a negative gamma value.

Gap

A distinctive price jump between two stock exchange sessions. The new stock exchange price is essentially lower than the lowest or higher than the highest price set in the previous session.

GCM

A stock exchange member who is authorised to clear the private deals as well as the deals of stock exchange participants without a clearing licence.

General Clearing Member

A stock exchange member who is authorised to clear the private deals as well as the deals of stock exchange participants without a clearing licence.

Good-for-date Order

Order, which is only valid up to the given date.

Good-for-day Order

Good-for-day orders only apply for the trading day on which they are issued.

Good-for-day Orders

Good-for-day orders only apply for the trading day on which they are issued.

Good-till-canceled Order

Open-ended (good-till-cancelled) orders are kept in the order book until they are used or manually cancelled, or are deleted after 90 days.

Good-till-cancelled Order

Orders, which stay in the system until they are either used or cancelled.

Good-till-cancelled Orders

Open-ended (good-till-cancelled) orders are kept in the order book until they are used or manually cancelled, or are deleted after 90 days.

Good-till-date Order

Good-till-date orders are valid up to the given date.

GTD Order

Order, which is only valid up to the given date.

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