TRADING GLOSSARY
Exchange-traded fund
An exchange-traded fund (ETF) is an investment fund whose shares trade on an exchange during market hours. It typically holds a portfolio of assets or uses derivatives to track an index or pursue a stated strategy; its trading price can differ from its net asset value.
EXAMPLE
In a hypothetical trade, an investor buys ten ETF shares at $50 each, paying $500 before fees. The fund tracks a broad stock index.
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Risk warning: 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. Glossary definitions are general education only and are not investment advice. Risk disclosure