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.

Rho

Lunaro Trading Team
05/03/2026

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

SPAIN 35

Lunaro Trading Team
05/03/2026

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

Volume

Lunaro Trading Team
05/03/2026

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

ROCE

Lunaro Trading Team
05/03/2026

Return on Capital Employed — measures profitability and capital efficiency.

Tick

Lunaro Trading Team
05/03/2026

The smallest possible price movement of a financial instrument.

VWAP (volume-weighted average price)

Lunaro Trading Team
05/03/2026

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

REIT

Lunaro Trading Team
05/03/2026

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

Time value

Lunaro Trading Team
05/03/2026

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

Variation Margin

Lunaro Trading Team
05/03/2026

Funds required to cover daily gains or losses on an open position.

ROE

Lunaro Trading Team
05/03/2026

Return on Equity — profitability ratio comparing net income to shareholders’ equity.