Market Mechanics A Guide to U.S. Stock Markets
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Market Mechanics: A Guide to U.S. Stock Markets. What a Stock Market Does …… Stock Trading and the Internet. Revolution. The Internet has revolutionized …
Website: www.nasdaq.com | Filesize: 1178kb
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Market Mechanics:
A G u i d e t o U . S . S t o c k M a r k e t s
r e l e a s e 1 . 2JAMES J. ANGEL, Ph.D.
Associate Professor of Finance
McDonough School of Business
Georgetown University
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….
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