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Spot Rate

Spot Rate

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

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

More terms

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

Free Trade

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

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

Base rate

What's the base rate?

Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

LSE

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

Clean price

The quoted price of a gilt, which excludes accrued interest

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

Margin call

Learn what a margin call stands for in financial terms.

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