Xetra

A trading venue operated by the Frankfurt Stock Exchange.

A trading venue operated by the Frankfurt Stock Exchange.

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Zero-Sum Game

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

The world's largest stock exchange. Wall St HQ.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Beta

Learn what Beta stands for in finance.
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Withholding Tax

A tax deduction made at the source of the payment.
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Bookbuilding

How banks work out what investors will pay for shares before an IPO, one order at a time.
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