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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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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Hypothesis Testing

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

A place where shares of publicly listed companies are traded.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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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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Compound interest

Understand what compound interest means and how it's calculated
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Professional Client

An investor that is able to meet several regulatory criteria.
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