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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

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.

LSE

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

Dirty price

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

Earnings per share

We look at what earnings per share mean and how to calculate it

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Global Investment Performance Standards (GIPS)

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

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