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Stocks & ETFs

Shares, ETFs, exchanges, dividends, orders and diversification.

01

What is a stock?

What share ownership represents and why stock prices move.

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02

How stock markets work

Exchanges, brokers, order books and the basic path from an order to settlement.

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03

What is an ETF?

How exchange-traded funds package a portfolio into a security that trades on an exchange.

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04

Dividends explained

What dividends are, why companies pay them and why they are not guaranteed.

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05

Stock orders and settlement

Market orders, limit orders and what happens after a trade executes.

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06

Diversification and stock risk

Why owning more than one security can reduce some risks but not eliminate market losses.

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