Tuesday, July 21, 2009

What are the actual mechanics of the stock market?

Market Mechanics: A Guide to U.S. Stock Markets

Although the inner workings of the stock market are fascinating,
few introductory texts have the space to describe them
in detail. Furthermore, the U.S. stock markets have been changing
so rapidly in recent years that many books have not yet
caught up with the changes. This quick note provides an up-todate
view of how the U.S. stock markets work today. This note
will teach you about:

• The functions of a stock market;
• Stock markets in the United States, including Nasdaq
and the NYSE;
• The difference between limit and market orders;
• How stock trades take place; and
• Lots of other interesting tidbits about the stock market
that you wanted to know, but were afraid to ask.

Source & full-text: http://www.nasdaq.com/about/market_mechanics.pdf

No comments:

Post a Comment