Market Access and Trade Mechanics

Distinguish spot commodities, futures, options, ETFs/ETCs, and listed equities by what they represent and how their returns and principal risks arise.

Interpret ticker, venue, quotation-currency, trading-session, and contract identifiers for LSE, NYSE, and major commodity-exchange listings.

Select among market, limit, and stop orders for a specified execution scenario while considering liquidity and slippage.

Calculate the net profit or loss of an equity or ETF/ETC trade after transaction costs, distributions, and currency conversion.