Stock Exchange

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

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

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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Zero coupon bonds

What is a zero coupon bond?
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Bull market

We explain what a 'bull market' means
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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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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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