Spread Betting Glossary: I
An abbreviation for the International Money Markets.
An abbreviation for Initial Margin Requirement, this is the amount of deposit required to execute a particular trade, providing sufficient cover for leveraged positions and to guard against trader default. Synonymous with Notional Trading Requirement.
An index is an aggregate value of all assets traded on a particular exchange, e.g. FTSE 100. Indexation is used to provide year on year comparisons and to reflect positive and negative growth over time.
The cost of borrowing or financing a position, taking into account the proportion of risk borne by the lender, expressed as a percentage of the total value of a trade.
Positions that are taken over the course of one trading day, requiring the trader to either close the position or finance the roll-over costs associated (including interest on leveraged positions).