Hedge Fund

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

How banks work out what investors will pay for shares before an IPO, one order at a time.

An ETF that that reproduces the return of an index through the use of swaps.

What is yield to maturity and why is it useful?

The money you pay when investing.

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Learn what a bond is

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

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