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.

Spread

Lunaro Trading Team
05/03/2026

The spread is the difference between the bid and ask price of a financial instrument, reflecting trading costs and market liquidity.

Unborrowable stock

Lunaro Trading Team
05/03/2026

A stock that cannot be borrowed for short selling due to limited supply.

Retail sales

Lunaro Trading Team
05/03/2026

Consumer spending on goods and services, a key indicator of market health.

Spot trade

Lunaro Trading Team
05/03/2026

A spot trade is the purchase or sale of a financial instrument for immediate delivery at the current market price.

Unit

Lunaro Trading Team
05/03/2026

A bundle of assets sold as one investment, often used in unit trusts.

Rights issue

Lunaro Trading Team
05/03/2026

Allows existing shareholders to buy additional shares at a discount before public offering.

S&P 500

Lunaro Trading Team
05/03/2026

The S&P 500 is a benchmark index tracking 500 of the largest publicly traded US companies, widely used to gauge market trends.

Unit trust

Lunaro Trading Team
05/03/2026

A fund pooling investor money to manage a diversified portfolio of stocks, bonds, and other assets.

RPI

Lunaro Trading Team
05/03/2026

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

Shadow stock

Lunaro Trading Team
05/03/2026

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