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Know Your Customer (KYC)

Know Your Customer (KYC)

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

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

More terms

Depository

We look at what is a depository and what role they play in keeping markets work.

Alpha

The percentage by which an investor outperforms a relevant benchmark.

Beta

Learn what Beta stands for in finance.

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

Yield to maturity

What is yield to maturity and why is it useful?

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

Bond

Learn what a bond is

Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

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