Xetra

A trading venue operated by the Frankfurt Stock Exchange.

A trading venue operated by the Frankfurt Stock Exchange.

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Custodian bank

Learn what a custodian bank is.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Accounting standards

The rules a company follows when preparing financial statements.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Dirty price

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

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

An investor that is able to meet several regulatory criteria.
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