Welcome to our free Understanding the Mechanics of ETF Trading course. Across 8 modules and approximately 75 minutes of content, you’ll hear directly from industry experts working across the ETF ecosystem as they break down how ETF trading and liquidity work in practice.

This course explores the mechanics behind ETF trading, including the roles of market makers, authorized participants (APs), and capital markets teams, as well as the relationship between primary and secondary markets. You’ll learn how spreads, execution, liquidity, and fund flows interact, giving you the practical knowledge needed to better understand ETF trading and execution.