Spot Rate

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

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

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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Professional Client

An investor that is able to meet several regulatory criteria.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Capital

Learn what financial capital means
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Net asset value

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