Explore the essential role of stock exchanges and trading platforms in the financial markets. Understand the functions of major global exchanges and the impact of electronic communication networks on securities trading.
Explore the critical role of clearinghouses and settlement systems in financial markets. Learn how these entities facilitate trade settlement, reduce counterparty risk, and enhance market stability.
Explore the distinct roles of brokers and dealers in financial markets, their regulatory obligations, and how they earn through commissions and markups. Understand the critical functions they serve in facilitating transactions and maintaining market liquidity.
Explore the essential roles of key regulatory bodies like the SEC, FINRA, and CFTC in the U.S. financial markets. Understand their impact on investor protection, market fairness, and capital formation.