Costs and Charges

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

When a private company sells shares to the public for the first time. Its stock market debut, basically.

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

Unique to the UK, these funds pool together money to invest from multiple investors.

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

Learn what a bond is

Learn what a custodian bank is.

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.