[Verse 1] Three markets paint the trading floor design Order-driven systems match your buy with mine Quote-driven dealers spread their prices wide Brokered markets need a guide to find the ride [Chorus] Market orders rush, limit orders wait Stop loss triggers when the price meets fate Iceberg hides beneath the surface deep Market structure secrets that we keep Weak form past, semi-strong news fast Strong form knows it all, efficiency's cast [Verse 2] Bid-ask spreads reveal the trading cost Market depth shows liquidity's not lost Value anomaly beats the market's game Momentum surges, size effect's the same [Chorus] Market orders rush, limit orders wait Stop loss triggers when the price meets fate Iceberg hides beneath the surface deep Market structure secrets that we keep Weak form past, semi-strong news fast Strong form knows it all, efficiency's cast [Bridge] January effect and weekend blues Calendar anomalies shake the news Price-weighted Dow divides by price alone Value-weighted caps claim market's throne Equal weight spreads the power thin Fundamental metrics let the earnings win [Verse 3] ADRs cross the ocean's trading lane Dual listings split the market's gain Rebalancing shifts when quarters end Reconstitution makes the index bend [Chorus] Market orders rush, limit orders wait Stop loss triggers when the price meets fate Iceberg hides beneath the surface deep Market structure secrets that we keep Weak form past, semi-strong news fast Strong form knows it all, efficiency's cast [Outro] From microstructure's microscopic view To index weights that guide portfolios through Market structure frames the trading game Equity knowledge burns with learning's flame
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