Financial Glossary

Illiquidity

The difficulty of changing your assets in cash because of a lack of demand for the asset you're trying to sell. As a market maker, we provide liquidity by constantly quoting a bid and offer spread . Also see Liquidity.

Index

An index, such as the FTSE 100 or S&P 500, gauges the prosperity or value of a section of the stock market. It is calculated from the prices of selected stocks, usually using a weighted average. It is not possible to invest directly in an index; instead investors trade in funds or other products that track the movement of an index.

Industrial production

A monthly economic indicator that measures changes in output for the UK’s industrial sector, including manufacturing, mining and utilities.