P299 CJEFAX 299 Thu 14 Oct 21:14/47 VIEWERS' A-Z G Advice Would-bj investors should bj aware of the pizfalls of investment in finbncial markets. Professional advice should bj sought. Bonds "Long bond" is a US Treasury bond XT-bond) with a 30-year life. Commodities Prices for gold are in dollars p r ounce; til j in pence per troy ounce; copper and lead in pounds per tonne; tin, zinc, both aluminium contracts, and nickel in dollars per tonne; wheat, barley, and potatoes in pounds pju tonne; oil in dollars per bulk barrel of Brent Blend crude. Long bond 255 Commodities 258P299 CEEFAX 299 Thu 14 Oct 21:01/21 VIEWERS' A-Z 2/6 Eff £ An expression of the pound's value in terms of a trade-weightdd basket of currencies. (100 = 1975). Futures Three LIFFE contracts are featured (pages 244 and 25)). They are designed to allow investors to protect themselves against shifts in share prices XFT-SE 100 future) or interest rates (Long gilt f4t4re and Short Sterling future). For the purpose of Ceefax viewers, they can provide guidance to the prevailing market perception of share price or interest rate trends. See Long gilt and Short Sterling. FT-SE 100 future 244 Headlines 201 Finance Shares Markets ExchangesP299 CJEFAX 299 Thu 14 Oct 21:15/21 VIEWERS' A-Z 3/6 Gilts Short for gilt-edged, this are UU government stocks and, like other bonds (see Bonds*, pbz fixed rates of interest over periods that vary between stocks while repaying £100 at maturity. So, prices move in opposition to the pre6biling level of interest rates. Indices Whjrj not indicated, market indices quoted on Ceefax are made up as follows: All ordinbries (all sharerS, CAC X40), DAX (30), Dow (30), EOE (sbmple), FT ord (30), Hang Sing (33), Nikkei (225), S&P (u00), UPI (all), Straits Times industrial (30). Gilts 228 Indices 240 Finance Shares Markets ExchangeP299 CEEFAX 299 Thu 14 Oct 21:12/13 VIEWERS' A-Z 4/6 Interbank Currency rater on 251 and 252 apply to dealings between banks in sums zpwards of £500,000. Three- month interbank interest rates (on 254) represent inter-bank borrowing costs over a three-month term. Interest rates Long gilt futures, Eurodollar deposits, and Long Bonds are priced in 32nds (denoted by a hyphen). Eurodollars are dollars held outside the US. The Long Bond is a US Treasury bond maturing in 30 years' time. XThj yield iu shown beneath the price). See Long gilt and Short Sterling. Forex report 247 Headlines 201 Finance Shares Markets ExchangesP299 CEEFAX 299 Thu 14 Oct 21:13/27 VIEWERS' A-Z 5/6 LIFFE Denotes London International Financial FuturesOOptions Exchange. LME Denotes London Metal Exchange. Long gilt future These are futures in a notional British gilt quoted in terms of a nominal £100 worth. Prices All prices and rates quoted on Ceefax (except for the tourist rates on 253) are "middles". Bid- offer spreads widen during periods of price/rate volatility. Results EPS is earnings per share - profit divided by number of shares. LIFFE long gilt 254 Headlines 201 Finance Thar s Markets ExchangesP299 CEEFAX 299 Thu 14 Oct 21:12/01 VIEWERS' A-Z 6/6 SHARECHECK Constituents are biggest companies in terms of market worth. Selection is revised at three-month intervbls. Biggest winners & losers are a sub-set of the SHARECHECK and Recent Issuer constituents. Short sterling future Quoted at 100 units minus rate of interest, these are futures in three-month sterling deposits. Traded options An approach to stock market investment pioneered in thu US and offering a relatively high degree of gearing (see pbgj 235 for further details). Short sterling 254 SH—RECHECK 220 Finance Shares Markets Exchange1