Stock Investing — Novice: Exchanges, Brokers & How Trades Happen

Stocks trade on exchanges (e.g., NYSE, Nasdaq). You access them through a broker that routes your orders. When you buy, your order is matched with a seller; ownership and cash settle shortly after.

Markets have hours, and prices are set continuously by supply and demand during trading. After-hours and pre-market sessions exist but are thinner and more volatile.

Key takeaways

• Exchanges match buyers and sellers; brokers provide access.
• Prices are set continuously by supply and demand.
• Liquidity is highest during regular market hours.

Educational disclaimer: This material is provided by Nieto Engineering Inc. for internal education only. It is not investment, financial, legal, or tax advice and is not a recommendation to buy, sell, or hold any asset. Cryptocurrency, equities, and prediction markets carry substantial risk, including total loss of capital. Past performance does not indicate future results. Always do your own research and consult a licensed professional before investing.