Financial Terms

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Pivot point

Concept from the analysis of profitability and interest rates of fixed income instruments. 1 bp = 0.01% - one hundredth of a percentage point.

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Risk warning: Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.