Stock Market for Beginners

  1. How the Stock Market Functions
    1. Stock Market Structure
      1. Primary Markets
        1. New Issue Markets
          1. Initial Public Offerings
            1. Secondary Offerings
              1. Direct Listings
              2. Secondary Markets
                1. Trading Between Investors
                  1. Price Discovery Mechanism
                    1. Liquidity Provision
                  2. Major Stock Exchanges
                    1. New York Stock Exchange
                      1. History and Structure
                        1. Listing Requirements
                          1. Trading Floor Operations
                          2. NASDAQ
                            1. Electronic Trading System
                              1. Technology Focus
                                1. Market Maker System
                                2. Other Global Exchanges
                                  1. London Stock Exchange
                                    1. Tokyo Stock Exchange
                                      1. Shanghai Stock Exchange
                                    2. Market Participants
                                      1. Individual Investors
                                        1. Retail Investor Characteristics
                                          1. Investment Motivations
                                          2. Institutional Investors
                                            1. Mutual Fund Companies
                                              1. Pension Funds
                                                1. Insurance Companies
                                                  1. Hedge Funds
                                                    1. Endowments and Foundations
                                                    2. Financial Intermediaries
                                                      1. Stockbrokers
                                                        1. Investment Advisors
                                                          1. Market Makers
                                                            1. Specialists
                                                            2. Regulatory Bodies
                                                              1. Securities and Exchange Commission
                                                                1. Financial Industry Regulatory Authority
                                                                  1. State Securities Regulators
                                                                2. How Stock Trading Works
                                                                  1. Order Placement Process
                                                                    1. Bid and Ask Prices
                                                                      1. Bid Price Definition
                                                                        1. Ask Price Definition
                                                                          1. Bid-Ask Spread
                                                                          2. Order Types
                                                                            1. Market Orders
                                                                              1. Limit Orders
                                                                                1. Stop Orders
                                                                                  1. Stop-Limit Orders
                                                                                  2. Order Execution
                                                                                    1. Matching Systems
                                                                                      1. Price Priority
                                                                                        1. Time Priority
                                                                                        2. Trade Settlement
                                                                                          1. Settlement Timeline
                                                                                            1. Clearing and Settlement Process
                                                                                              1. Transfer of Ownership

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                                                                                          2. Understanding Stocks and Stock Ownership

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                                                                                          4. Stock Classification and Investment Vehicles