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Defining Market Activity: A Birds Eye View
![](https://assets.website-files.com/6271b014197795419a5c8260/628fcc40c6c5a30981c70a0f_Frame%208.png)
it's time to zoom out a bit and get a sense of scale and proportions. What is the scale and structure of markets?
Defining Communication in Markets
![](https://assets.website-files.com/6271b014197795419a5c8260/628fcb1fd62cae804bc31cbb_Frame%207.png)
Now that we have laid out the different participants in the US equities market, we'll move on to discuss the logistics of communications.
Defining Market Participants
![](https://assets.website-files.com/6271b014197795419a5c8260/628fcb84c770c1277c6048ae_Frame%202.png)
There are many different types of participants in the US equities market, each with distinct needs and objectives. Let's explore!
Defining Investing
![](https://assets.website-files.com/6271b014197795419a5c8260/628d420c77d9b63024e99f64_Frame%2022.png)
Let's understand what it means to invest - define investing, understand the base assets, and how assets beget derivatives.
Defining Market Interactions
From IPO to Payment for Order Flow (PFOF), let's understand how markets are constructed and interact.