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.

Market maker

Lunaro Trading Team
05/03/2026

A participant that buys and sells assets to provide liquidity and maintain smooth market operations.

Nominal

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05/03/2026

The minimum or par value at which shares can be issued by a company.

PE ratio

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05/03/2026

The price-to-earnings ratio comparing share price to earnings per share to evaluate valuation.

Gross margin

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05/03/2026

Sales revenue minus the cost of goods sold, expressed as a percentage, showing operational profit efficiency.

Interest rate swaps

Lunaro Trading Team
05/03/2026

Agreements where two parties exchange interest payments, typically fixed for floating, to manage interest rate exposure.

Leveraged ETFs

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05/03/2026

Leveraged Exchange-Traded Funds are designed to amplify the daily returns of an underlying index, typically using derivatives and debt to achieve higher gains but with greater risk.

Gross asset value

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05/03/2026

The total value of all assets in a portfolio or company before liabilities.

Inflation

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05/03/2026

A sustained rise in prices of goods and services that reduces purchasing power.

Leading Indicator

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05/03/2026

A leading indicator is economic data that predicts future economic activity and trends before they occur.

Gold silver ratio

Lunaro Trading Team
05/03/2026

The number of silver ounces needed to buy one ounce of gold.