What is 'XETRA'? Definition & meaning

More terms

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Geometric Mean Return

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

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Xetra

More terms

Net Asset Value (NAV)

Xetra

Synthetic ETFs

W-8BEN Form

Geometric Mean Return

Venture Capital Trust (VCT)

Arithmetic Mean

UK Treasury bill

Coupon

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