#market-mechanics
- Bond Duration: How a 1% Rate Rise Moves Your Bond Price
- ETF Premium and Discount: Why the Price You Pay Differs From NAV
- Extended-Hours Trading: Why the Spread Triples After 4pm
- Good-Til-Cancelled vs Day Orders: What Happens When the Order Type Expires
- IPO Lock-Up Expiry: How Much Stock Unlocks Day 181
- Odd Lots: Why Under 100 Shares Fills Differently
- Share Dilution: How New Stock Issuance Shrinks Your Percentage
- T+1 Settlement: What Happens Between Your Trade and Your Money
- Trailing Stops: How the Trigger Price Recalculates as the Market Moves
- Ex-Dividend Date: Why the Stock Price Drops by (Roughly) the Dividend
- Stock Splits: Why 4x the Shares Is Worth the Same