Zero-Sum Game

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

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

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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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Professional Client

An investor that is able to meet several regulatory criteria.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Stock Market

A place where shares of publicly listed companies are traded.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Bull market

We explain what a 'bull market' means
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