NYSE

The world's largest stock exchange. Wall St HQ.

The world's largest stock exchange. Wall St HQ.

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Global Investment Performance Standards (GIPS)

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

Learn what a bond is
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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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.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Yield

Income from an investment as a percentage of its current price.
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Synthetic ETFs

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