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Volatility

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.

More terms

Stock Exchange

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

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Dirty price

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

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Spot Rate

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

Equity ETF

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

Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

LSE

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

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

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