Volatility

A measure of how much the prices of an asset or index vary over time.

A measure of how much the prices of an asset or index vary over time.

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Free Trade

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

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

An exchange-traded fund that is comprised of a set of stocks.
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Custodian bank

Learn what a custodian bank is.
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Professional Client

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

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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