The US stock markets
The US stock markets: an online course in 20 short lessons with quizzes and a final certificate, on Unicorn Academy.
- 20 lessons · 60 questions
- Every lesson ends with three check questions: answer them all correctly to move on. When you complete a course you receive a Unicorn Academy certificate to save and share, and you can publish a page with your skills to send to friends.
Read the first lessons
- What a share is
A share is a unit of ownership in a company. Whoever holds it is a shareholder: they share in the profits, if these are distributed, and nor…
- The exchanges: NYSE and Nasdaq
In the United States shares are traded mainly on two exchanges. The New York Stock Exchange, or NYSE, grew out of an agreement among brokers…
- Who supervises: SEC and FINRA
The US stock market is supervised by the Securities and Exchange Commission, or SEC, the federal authority set up in 1934 after the crash of…
The US stock markets: 45 questions and answers ›
Course programme
Module 1 · How the market works
- What a share is
- The exchanges: NYSE and Nasdaq
- Who supervises: SEC and FINRA
- Trading hours and the session
- From order to settlement
Module 2 · Indices and instruments
- The indices: S&P 500, Dow Jones and Nasdaq-100
- Market capitalisation and free float
- ETFs and index funds
- Dividends and share buybacks
- Stock splits
Module 3 · Reading a company
- The mandatory filings: 10-K, 10-Q and 8-K
- Revenue, profit and earnings per share
- The price/earnings ratio
- Earnings season
- The IPO and the primary market
Module 4 · Trading prudently
- Order types
- Bid-ask spread and liquidity
- Margin and short selling
- Volatility and declines
- Diversification and time horizon
The first lessons of every course are available right away, with no sign-up. The final lessons and the certificate are unlocked with an in-app purchase, for a single course or for all courses together. An Apple or Google account is optional and only used to restore your progress on another device.
Frequently asked questions
Can a beginner learn finance with an app?
Yes. The courses start from the basic concepts, explain every term when it first appears and end each lesson with three questions.
How long does a course take?
Each course has 20 lessons of a few minutes each: it can be completed in a few hours, at your own pace.
Which languages are the courses in?
Available in 16 languages: Italian, English, French, German, Spanish, Portuguese, Russian, Chinese, Japanese, Hindi, Korean, Turkish, Indonesian, Arabic, Vietnamese and Polish.
Are the courses financial advice?
Unicorn Academy is education: it does not provide financial advice or invite you to buy financial instruments. Investing involves the risk of losing your capital.
Unicorn Academy
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This page in other languages
- I mercati azionari americani (Italiano)
- Les marchés actions américains (Français)
- Die US-Aktienmärkte (Deutsch)
- Los mercados de acciones estadounidenses (Español)
- Os mercados de ações americanos (Português)
- Американские рынки акций (Русский)
- 美国股票市场 (中文)
- 米国の株式市場 (日本語)
- अमेरिकी शेयर बाज़ार (हिन्दी)
- 미국 주식시장 (한국어)
- ABD hisse senedi piyasaları (Türkçe)
- Pasar saham Amerika Serikat (Bahasa Indonesia)
- أسواق الأسهم الأمريكية (العربية)
- Thị trường chứng khoán Mỹ (Tiếng Việt)
- Amerykańskie rynki akcji (Polski)