Risk Warning: CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage.
Approximately 80% of retail client accounts lose money when trading in CFDs and spread bets.
You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.

VWAP (volume-weighted average price)

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05/03/2026

A benchmark showing the average price of a security weighted by volume over a trading period.

ROCE

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05/03/2026

Return on Capital Employed — measures profitability and capital efficiency.

RPI

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05/03/2026

The Retail Price Index tracking inflation and changes in the cost of living.

Shadow stock

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05/03/2026

A shadow stock is a publicly listed company with low trading volumes and limited analyst coverage.

Undervaluation

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05/03/2026

A condition where an asset’s market price is believed to be below its intrinsic value.

Weighted Average Price (WAP)

Lunaro Trading Team
05/03/2026

Another name for VWAP — the average trading price weighted by volume.

Rollover

Lunaro Trading Team
05/03/2026

Extending a contract or portfolio to a later date, often used for futures or retirement accounts.

Share price

Lunaro Trading Team
05/03/2026

Share price is the current market value of a single unit of a company’s stock.

US_2000

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05/03/2026

A stock market index representing 2,000 small-cap US companies.

Witching hour

Lunaro Trading Team
05/03/2026

The final trading hour when options and futures expire, often causing high volatility.