Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Glossary: Y

These are common terms used in the financial services industry

Yard

A slang trading term for a billion units.

Yield

The income return earned on an investment. There are a number of different types of yield, and in some cases different methods of calculating each type. Yield refers to the dividends received or interest on a security and is usually an annual figure.

Yuan

Base unit of currency in China.
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