1. Terminology

2. Terminology
A market condition in which the prices of securities are falling or are expected to fall
Bear
Presenting a bid for a deal which involves directly competing against a number of other banks
Beauty Parade
A market in which prices of certain securities are rising or expected to rise
Bull
Dow Jones Industrial Average
DJIA
Earnings Before Interest, Tax, Depreciation and Amortisation
EBIT
Earnings Before Interest and Tax (also known as operating profit)
EBITDA
Earning per share. Total earnings divided by the number of shares outstanding
EPS
Financial Institutions Group
FIG
Financial Times Stock Exchange. An index of stocks traded on the London Stock Exchange
FTSE
Initial Public Offering – floating a previously private company on the Stock Exchange
IPO

3. Terminology Mergers and Acquisitions M&A
A computerised system of trading, but without a trading floor. Buyers and sellers communicate electronically
Nasdaq
New York Stock Exchange
NYSE
Portable Document Format
PDF
Price-earnings ratio. The most common measure of how expensive a stock is. Also known as earnings ratio
P/E ratio
Return on Investment
ROI
Securities and Exchange Commission
SEC
Securities and Financial Derivatives
SFDR
Senior Investment Banker
SIB
Technology/Media/Telecoms
TMT