Dictionary
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Xetra

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

A trading venue operated by the Frankfurt Stock Exchange.

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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Stock Market

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

Learn what a bond is
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