Stocks & Equities

How Shares Are Created, Traded, and Priced.

Volume Two of Declan T. Bridge’s series on market architecture. It follows a share from the company that needs money it does not have to a number in your own account after costs and tax: issuance and underwriting, what ownership actually entitles you to, the accounts behind the business, the broker and the order that reach it, and the machinery that prices it.