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A B C D E F G H I K L M N O P Q R S T U V W Y Z

WALL STREET

Generic term for the securities industry firms that buy, sell, and underwrite securities.

WARRANT

A security entitling the holder to buy a proportionate amount of stock at some specified future date at a specified price, usually one higher than current market price. Warrants are traded as securities whose price reflects the value of the underlying stock.

WHOLESALE PRICE INDEX

It measures changes in prices in the manufacturing and distribution sector of the economy and tends to lead the consumer price index by 60 to 90 days. The index is often quoted separately for food and industrial products.

WORKING CAPITAL

The difference between current assets and current liabilities.

WORKING DAY

A day when the banks in a currency's principal financial center are open for business.

WORLD BANK

A bank made up of members of the IMF whose aim is to assist in the development of member states by making loans where private capital is not available.

Fund your Account

Trading CFD's or Spot FX carries a high risk to your capital and can result in losses that exceed your deposits. CFDs and Spot FX are leveraged products. Trading CFD's or Spot FX carries a high risk to your capital and can result in losses that exceed your deposits. You should not engage in this form of investing unless you understand the nature of the Transaction you are entering into and the true extent of your exposure to the risk of loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.