ORDERA fill is one event in a longer journey.
Markets EPISODE 01
What actually happens when you buy a stock?
Follow the order beyond the button, through execution and settlement.
THE VISUAL LIBRARYFOUR MECHANISMS TO START WITH
FROM FIRST PRINCIPLES
Under the surface.
Understand the mechanism behind the headline, one idea at a time.
BIDSASKS
THE SPREAD
Markets EPISODE 02
How does an order book actually work?
Resting orders, the spread and what happens when an order takes more than one price.
BID / ASKBuying and selling are two separate risks.
Markets EPISODE 03
How does a market maker make money?
The spread is only the beginning. Inventory and adverse selection complete the picture.
IN → OUTSome work is a circuit, rather than a sequence of instructions.
Computer science EPISODE 04
What is an FPGA, really?
Understand the difference between running instructions and configuring a circuit.