/

Xetra

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

A trading venue operated by the Frankfurt Stock Exchange.

More terms

Synthetic ETFs

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

Custodian bank

Learn what a custodian bank is.

Unicorn

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

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

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.

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Bond

Learn what a bond is

Margin call

Learn what a margin call stands for in financial terms.

You’re just minutes away from commission-free investing

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).

© 2025 Freetrade, All rights reserved. The Apple logo is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.