Stock Market Glossary
Securities identification number (WKN)
Six-digit code for unique identification of a security in the DACH region.
In brief: Six-digit code for unique identification of a security in the DACH region.
Meaning in practice
The WKN identifies securities uniquely, parallel to the international ISIN. For online brokers today, the ISIN is usually sufficient, but the WKN remains common in the DACH region.
Context for investors and traders
For legal, tax or formal terms, the specific case matters. Rules, deadlines and obligations can change and can differ by residence, product and broker.
How to use this in practice
For tax and regulatory topics, the process matters more than a general definition: payment country, product type, timing, broker and personal tax data can lead to different outcomes. Keep statements and certificates so transactions remain traceable and can be corrected if necessary.
What to keep in mind
This glossary entry explains the principle, but does not replace a current tax or legal review. Deadlines and documentation can be decisive for withholding tax, loss offsetting, fund taxation and cross-border custody accounts.