Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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: D

These are common terms used in the financial services industry

Daily charts

Charts that encapsulate the daily price movement of an instrument, for example a currency pair, index or share.

Data releases

Global economic statistics that are normally released at regular intervals, often monthly. The data can have a varying impact on the financial market, depending on factors such as when it‘s released and the level of economic insight it provides.

DAX 40

A market capitalisation weighted index of the top 40 companies listed on the Frankfurt Stock Exchange in Germany. This is referred to as the ’Germany 40’ on our website and trading platform.

Day order

An order to buy or sell an instrument that will expire automatically at the end of the day if it’s not executed on the day the order has been placed.

Day trading

The process of entering and closing out trades within the same day or trading session.

Dealing spread

The difference between the buying and selling price of a contract.

Deposit

The funds required to initiate and maintain an open spread betting or CFD trading position. Since spread bets and CFDs are traded on margin, the deposit is only a fraction of the full value of the trade and is not the total amount that can be lost on a trade.

Depreciation

A fall in the value of an asset.

Dernier jour de négociation

Le dernier jour durant lequel vous pouvez investir sur un marché donné. Cela peut coïncider ou non avec la date de règlement sur ce marché.

Diversification

An investment strategy that aims to manage risk through variety within an investor's trading portfolio. Different components are chosen from a range of different industry sectors, so it’s unlikely that all of the investments will fluctuate in the same direction. The idea is that the portfolio as a whole will display more consistent, stable results than any of the individual components in the portfolio.

Dividend

That part of a company’s profit after tax that is distributed to its shareholders. Dividends are usually distributed in cash, but can also take the form of stocks. Also known as payouts.

Dividends

A dividend is a distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders. Dividends can be issued as cash payments, as shares of stock, or other property.

Dove, dovish

The opposite of hawk, a dove refers to an economic policy advisor supporting monetary policies with lower interest rates as a means of encouraging economic growth.

Dow Jones Industrial Average (DOW)

The Dow is the second oldest stock market index in the US and the most widely used indicator of the overall condition of the US stock market. It measures the performance of a selection of 30 blue-chip, publicly owned companies in the US.

Downtrend

A price trend characterised by a series of lower highs and lower lows.
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