Clean price

The quoted price of a gilt, which excludes accrued interest

More terms

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
Read more

Earnings per share

We look at what earnings per share mean and how to calculate it
Read more

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
Read more

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
Read more

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
Read more

Xetra

A trading venue operated by the Frankfurt Stock Exchange.
Read more

Securities

Bonds and stocks.
Read more

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
Read more

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk