← Curriculum

Foundations

Market Structure Essentials

Before a single trade is placed, a trader must understand the machinery of the market itself. This programme covers exchanges, market makers, order books and the flow of institutional capital that drives price.

6 modules6 sessions4hIncluded free
01

The Anatomy of an Exchange

Venues, clearing, settlement and the lifecycle of an order.

02

Participants and Intent

Market makers, hedgers, funds and speculators — and why each trades.

  • Participants and Intent16 min
03

Liquidity and Depth

Where liquidity pools form and how they shape price movement.

  • Liquidity and Depth17 min
04

Sessions and Time

London, New York and Asia — volatility profiles across the clock.

  • Sessions and Time15 min
05

Price Discovery

Auction theory, imbalance and fair value.

  • Price Discovery18 min
06

Desk Vocabulary

A working glossary used by professional traders.

  • Desk Vocabulary14 min