Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Ex-dividend
The period of time after a dividend has been declared but before it is paid, during which the stock price may adjust.
Exchange
An open, centralised, and regulated platform where financial instruments are traded fairly, orderly and efficiently.
Exchange rate
The ratio at which one currency is exchanged for another, used mainly in the foreign exchange market. For instance, USD 1 is equivalent to or is able to purchase GBP 0.85.
Exchange-traded fund (ETF)
A type of investment fund that trades like a stock on a stock exchange.
Execution
The process of completing a trade or order in the market.
Execution only
A type of brokerage service that only executes trades on behalf of clients, without providing investment advice.
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