Glossary of Terms

  • GBP

    Pound Sterling
  • GBX

    Pence Sterling
  • Gilts

    Gilts are bonds issued by the British Government. A conventional gilt will pay a fixed cash payment every 6 months until maturity, at which point a final payment is made and the return of the initial investment.
  • Global Depositary Receipts

    A global depository receipt (GDR) is a certificate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account. GDRs represent ownership of an underlying number of shares. GDRs facilitate the trading of shares, and are commonly used to invest in companies from developing or emerging markets. Prices of GDRs are close to the value of the underlying shares, but they are traded and settled independently.

  • GNP

    Gross National Product. GNP is the total value of all final goods and services produced within a nation in a particular year, plus income earned by its citizens (including income of those located abroad), minus income of non-residents located in that country.
  • Gross

    The total amount before anything is deducted.
  • Guaranteed Stop Loss

    This is a stop loss order, which is guaranteed by the CFD provider (a stop loss is simply a market order should a price fall to a certain level, that is subject to gap risk). The CFD provider will charge for this type of order, generally around 30bps.