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.

VIX

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05/03/2026

The Volatility Index measuring expected 30-day market volatility of the S&P 500, known as the ‘Fear Gauge’.

Zero-Day Option

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05/03/2026

An options contract that expires on the same day it is traded, used for ultra-short-term speculation.

Rho

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05/03/2026

Measures the sensitivity of an option’s price to changes in interest rates.

SPAIN 35

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05/03/2026

Spain 35, or IBEX 35, is Spain’s benchmark index tracking the 35 most liquid Spanish companies.

Volume

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05/03/2026

The total number of shares or contracts traded over a specific period.

ROCE

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05/03/2026

Return on Capital Employed — measures profitability and capital efficiency.

Tick

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05/03/2026

The smallest possible price movement of a financial instrument.

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.

REIT

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05/03/2026

A Real Estate Investment Trust investing in income-producing properties and distributing earnings to shareholders.

Time value

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05/03/2026

The portion of an option’s price that reflects potential future profit based on time until expiration.