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Glossary of Terms

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  • Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.

  • Value Date

    The date on which specified funds become available for use, also the date used for calculating the accrued interest element of a transaction. This normally coincides with the settlement date.

  • Virt-x

    A Recognised Investment Exchange (RIE) providing a screen-based stock market for UK registered shares. Originally launched in 1995 as Tradepoint, virt-x was formed in 2001, by merger with the Swiss Stock Exchange.

  • Volatility

    The statistical measurement of the variation in the price of an instrument to movements in the wider market over a period of time. Often expressed by the annualised standard deviation.

  • Voluntary Corporate Actions

    Voluntary Corporate Actions



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