Trading & accounts
Trading and customer accounts: learn the operational chain
Connect order types, quotes, settlement, returns, ownership and account documentation.
Translate the order instruction
Market, limit, stop and stop-limit orders trade certainty, price control and execution risk differently. State what triggers the order and what remains uncertain.
Read the quote from both sides
Bid is the price at which the market buys; ask is the price at which it sells. The spread affects transaction economics and helps distinguish principal from agency activity.
Map the account ownership
Individual, joint, custodial, retirement and trust accounts carry different control, beneficiary and documentation implications. Learn the purpose before memorizing paperwork.
Keep returns and settlement practical
Calculate total return from income plus price change, respect the units and distinguish trade date from settlement responsibilities. Recheck current settlement conventions from official materials.
Official sources
Confirm current fees, enrollment, accommodations, provider instructions and registration requirements before acting.