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How Does a Stock Exchange Work? is currently being written with the same depth, real-market examples, and institutional-grade analysis you expect from Mr. Chartist. Check back soon.
What you'll learn
1Order matching uses Price-Time Priority
2Market orders execute immediately at the best available price
3Limit orders execute only at your specified price or better
4Stop-loss orders activate only when a trigger price is hit, then become market/limit orders
+4 more points in the full article