NASDAQ

A US stock exchange specialising in the shares of technology companies.

A US stock exchange specialising in the shares of technology companies.

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More terms

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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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.
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Exchange-Traded Fund (ETF)

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

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

The average annual return an investor sees over a set period of time.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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