Xetra

A trading venue operated by the Frankfurt Stock Exchange.

A trading venue operated by the Frankfurt Stock Exchange.

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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Yield to maturity

What is yield to maturity and why is it useful?
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Accounting standards

The rules a company follows when preparing financial statements.
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