New Issue

New Issue

A new security that is being issued for the first time.

Net Margin

The profit that is generated as a percentage of revenue.

Net Asset Value

The net value of an investment fund’s assets minus liabilities, divided by the number of shares outstanding.

Negotiable

The price of a good or security that is not firmly established or whose ownership is easily transferable from one party to another.

NASDAQ

A stock exchange based in New York City, ranked second on the list of stock exchanges by market capitalisation of shares traded.

Naked Call

An options strategy where an investor sells call options without owning the underlying security.

Mutual Fund

An investment vehicle consisting of different types of securities, overseen by a professional manager.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.