Stock Market Basics

A central place to exchange securities, usually equities

Largest physical one in the U.S.

Large online exchange in the U.S.

Largest exchange in asia

Term when securities are traded off an exchange

Method of listing a company on an exchange by selling shares to the public

Method of listing a company on an exchange where owners directly list

Method of listing where a private company merges with a public shell company

When a company lists itself on multiple exchanges

An entity that provides liquidity by buying and selling securities continuously, usually at a spread

The price at which you can sell your securities to a market maker

The price at which you can buy securities from a market maker

Term for the actual exchange of money and securities, usually one day after the trade

Entity that acts as a middleman between market participants and insures trades are cleared

The amount of securities that are traded in a given day

Order to buy or sell at the market price

Order to buy or sell at a certain price or better

Order to buy or sell once a certain price level has been reached

Document publicly traded companies must file every year

Document publicly traded companies must file every quarter

Series of letters representing a security

The exchange rule that pauses trading after too-rapid price moves