A call option is a purchase option which gives you the right to purchase the goods for a particular price (exercice price) and at a particular time (term).
When selling an option, the purchaser pays the vendor an option price, which it can receive in each case. The purchaser of a call option can then decide whether to purchase the share under the agreed conditions or not. If the purchaser makes use of his rights, the vendor is obliged to issue the shares at the exercise price.
A put option is a sales option which gives you the right to sell the goods at a particular price (exercice price) and at a particular time (term).
When purchasing an option, the vendor pays the purchaser an option price, which it can receive in each case. The vendor of a put option can then decide whether to sell the share under the agreed conditions or not. If the vendor makes use of his rights, the purchaser is obliged to purchase the shares at the exercise price.
Agora direct itself does not deduct any settlement tax.
The settlement tax, which has existed since 1 January 2009, is not settled directly by Agora direct after each closing trade, but only at the end of the calendar year by the customer. This provides the huge advantage of not completing the accounts and deducting the settlement tax until 31 December in any year.
Customers are responsible for accounting as part of their tax return.
The so-called multiplicator indicates the number of options in the contract. A contract normally has 100 options.
Yes, you can trade certificates with us too.
Deutsche Terminbörse, or German Derivatives Exchange. The European Exchange (EUREX) is one of the world’s largest derivatives exchange for financial derivatives, which emerged as a result of the merger between DTB and SOFFEX (Switzerland).
Yes, you can trade them.
The trading software is also available in German, depending on your selection at the start of the software (English, Chinese).
Yes, stock exchanges demand a fee for real-time market prices, which we pass on to customers without any surcharge. To the real-time market prices.
Your order is placed in the market in a matter of milliseconds. Orders that are traded are also entered in your account in milliseconds.
Yes. You can obtain more information on CFDs under the following heading products and prices.
A certain security payment is required for trading with derivatives (particularly with leverage products). The total value of all your share positions and the value of your cash deposits generally count as securities here.
The security for a margin is the minimum amount of securities, which must be available in your portfolio in order to be able to complete a transaction (initial margin) or maintain the position (maintenance margin).
DAX call sale 5600 points
DAX call purchase 5400 points
That is to say, you promise to sell a DAX contract at 5600, if the value is below 5600 on the expiry date. Each point amounts to EUR 25. Hedging takes place at 5400. From this point on, you have the securitised right to close the position again. A risk of 5600 - 5400 = 200 remains.