Source: https://mochatrade.com/learn/us-market-structure

# Module 1: US market structure
URL: https://mochatrade.com/learn/us-market-structure
Last modified: 2026-10-19

Seven lectures on the US market itself: the institutions and their history, how a stock's price forms across exchanges, who moves prices through policy and through trading, and how the Fed, inflation, jobs and earnings reach a position. Each is a short video from the Mochatrade channel with notes, key takeaways and a quiz.

## Lectures

- 1.1 US Stock Market Jargon and History explained: Start Here (8:11): Who does what in the US market — the Treasury, the Fed, the SEC, the exchanges — told through the problems each was built to solve. https://mochatrade.com/learn/us-market-structure/us-stock-market-explained
- 1.2 How US Stock Prices Form: Order Books & Exchanges (8:12): From the order book to the consolidated quote: how one stock trades across many venues, and when the US session falls in India. https://mochatrade.com/learn/us-market-structure/how-us-stock-prices-form
- 1.3 US Government Structure: Regulators & Market Makers (9:16): The institutions that shape the market through policy, and the participants that move it through trading. https://mochatrade.com/learn/us-market-structure/who-moves-us-stocks
- 1.4 How the Fed Moves Markets: Rates, Expectations & FOMC (14:48): The federal funds rate, how expectations reach Treasury yields and stock valuations, and why a cut can be quiet while a sentence moves prices. https://mochatrade.com/learn/us-market-structure/how-the-fed-moves-markets
- 1.5 US Inflation Explained: CPI, PPI & PCE for Traders (12:59): The inflation releases traders follow, how to compare a print with what was expected, and how it reaches a stock position. https://mochatrade.com/learn/us-market-structure/us-inflation-explained
- 1.6 US Jobs Report Explained: NFP, Unemployment & Wages (14:11): The BLS employment report, the two channels through which jobs reach stocks, and why good news can be bad news. https://mochatrade.com/learn/us-market-structure/us-jobs-report-explained
- 1.7 US Earnings Explained: Reports, Guidance & Market Expectations (12:34): Earnings season's documents, a practical order for reading results, and why a beat can still fall. https://mochatrade.com/learn/us-market-structure/us-earnings-explained