|Odd Lot||Amount of securities that cannot be settled on the stock exchange.|
|Odd lot of securities||Rights associated with securities that cannot be embodied by existing or newly issued securities (capital adjustment).|
|Official Trading (segment)||Official quotation on a stock exchange.|
|Option||The right contractually conveyed to buy (call option) or sell (put optin) an asset at a later date at a price specified in advance.|
|Option writer||Seller of an option, usually a bank. The option embodies the right, but not the obligation, to exercise. This means that the seller is in a passive position until the expiry date, no matter if the original buyer or a third party to whom s/he may have sold the option demands settlement or not.|
|Order||Order to buy or sell securities.|
|Outperformance||Situation where a specific investment or a portfolio has developed better than a market, partial market, or referential index.|
|Outperformance certificates||Outperformance certificates allow the investor to participate at disproportionately higher rates from the price increases of an underlying instrument, with the participation rate of the certificate being in excess of 100%. This leverage increases your chances of higher returns relative to the direct investment in the underlying instrument. The disproportionate chance is not associated with higher risk. Should the price of the underlying instrument fall, outperformance certificates reflect the performance of the underlying share identically at the end of maturity.|
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