Xetra

A trading venue operated by the Frankfurt Stock Exchange.

A trading venue operated by the Frankfurt Stock Exchange.

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Prospectus

The official document a company publishes before selling shares to the public. Long, detailed, and worth a read.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Beta

Learn what Beta stands for in finance.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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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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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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