Stock Market Trading: Auctions, IPOs, and More
Market Order-Driven vs. Quote-Driven
Markets are typically order-driven, where supply and demand determine the price. However, some stocks and markets are quote-driven, with a trader setting the price. This is an open and semi-transparent marketplace based on a rolling auction model.
Price and Timing Priority
- PRICE PRIORITY: Orders with the best prices (highest buys, lowest sales) have priority.
- TIMING PRIORITY: At the same price, the earlier an order is entered, the higher its position.
Market orders
Read MoreUnderstanding Map Symbols: Scale, Contours, and Climograms
Understanding Map Symbols
Scale
The scale is the mathematical relationship between real-world dimensions and their representation on a map or plan. For example, a scale of 1/500 indicates the relationship between the graphic size (on paper) and the actual dimensions on the ground.
Contour Lines
A contour line connects points of equal elevation on a map. Contour lines are often printed in sienna for land features and blue for glaciers, deep sea areas, and lakes. A contour line (also called an isopleth,
Read MoreMaritime English Phrases for Seafarers: Essential Communication
Essential Maritime English Phrases for Seafarers
- Where do you work?
- I work onboard, but I do not work on deck. I work in the engine room.
- The galley boy cleans the cabins.
- The captain speaks Spanish (Español).
- A foot is twelve inches.
- Do you want to come to the office?
- Be careful, those fathoms and charts are in feet, not meters.
- This small ship does not go to South Africa; she always goes to Argentina.
- Ashore
- Do you work?
- The oilers do not wash the holds.
- The speed is now twelve knots.
- What does the cook do
Key Concepts in Psychology: Conditioning, Learning, and Personality
Defense Mechanisms
According to Freud, anxiety is the price we pay for civilization. As members of society, we must control our impulses and not act on them. Thus, we protect ourselves from experiencing negative feelings, like guilt and anxiety, through defense mechanisms. Defense mechanisms are unconscious mental operations that minimize anxiety by denying or distorting reality.
Example: Repression is the basic defense mechanism that banishes anxiety-arousing thoughts, feelings, and memories from
Read MoreUnderstanding Earth’s Interior: Seismic and Geochemical Methods
The Seismic Method
The seismic method is an indirect method of study that looks at the variations in propagation speed of seismic waves as they travel through different materials inside the geosphere.
Seismic Waves
Seismic waves are vibrations generated inside the Earth at the point where an earthquake takes place. They propagate in all directions, and the more rigid the material they pass through, the more quickly they travel.
Types of Seismic Waves
- P Waves: Cause the material to vibrate, alternating
Key Concepts: Acculturation, Imperialism, and World War I Terms
Acculturation and Imperialism: Key Definitions
Acculturation
Modification of a culture as a result of contact with another culture.
Berlin Conference
Conference that established rules for the colonization of Africa by Europeans.
Boer Wars
Wars fought in South Africa between British and Dutch settlers (1880-1881) and (1899-1902).
Boxer Rebellion
Chinese uprising against foreign influence in China.
Colony
A country or region that is exploited and governed by another country.
Exploitation
The use of something
Read MoreAugustine and Aquinas: History, Society, and Philosophy
Saint Augustine
History
This period marks the decline and fall of the Roman Empire, divided into East and West. The Franks and the Germans invaded Gaul, leading to numerous barbarian attacks. An economic crisis ensued, and the Visigoths sacked Rome. Christianity was declared the official religion and spread rapidly throughout the Roman Empire, significantly impacting the underprivileged.
Socio-cultural Context
Hellenism emerged after the death of Alexander the Great, leading to the decline of the Polis.
Read MoreLife, Love, and Death in Miguel Hernández’s Poetry
Miguel Hernández’s poetry revolves around three main themes: life, love, and death. Love is reflected and expressed in different ways. In Perito en lunas, love is linked to nature. Sensitivity is lit; poems reveal natural vitality, always reflecting their sensitivity and vitality. After this sensual phase, Miguel Hernández finds his voice and his ‘wound’—love—with El Rayo que no cesa, which reveals the poet’s inner wound embodied in the ‘lightning’ and ‘knife’. Love is tormented passion. The
Read MoreCell Biology: Comprehensive Review of Key Concepts
Key Concepts in Cell Biology
Water has hydrogen bonds that allow it to have special properties like cohesion (water molecules stick to each other), adhesion (water molecules stick to other surfaces), and surface tension.
Monomers form polymers via dehydration synthesis; in hydrolysis, polymers are broken down into monomers.
Nucleic acids are what make up DNA and RNA and hold a lot of genetic information. They are made up of nucleotides, which are composed of a deoxy/ribose, a phosphate, and a nitrogen
Read MoreLifeguard Strategies: Area Control and Surveillance
Job Location
The location of the post should be established based on:
- A high perceptual control of the area to watch.
- An immediate access to water.
- Efficient distribution of posts. This distribution will in turn be based on:
- The estimated risks.
- The physical characteristics (size, shape, depth, etc.) of the area to watch.
For example, in conventional pools (rectangular), it is more effective to place the unit on one of the long sides. If there are two positions and a deeper zone, the other post will be
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