This document provides an overview of the basics of an exchange participant's process from registration to completion of an internship placement. It explains that each internship position (Traineeship Nomination or TN) is unique and matched to a specific exchange participant (EP). The EP's registration form is "raised" online, then the EP and TN can be "matched" when both sides agree to the placement. Finally, the placement is "realized" when the EP begins work, and is later "completed" when the internship ends. Key terms explained are EP, TN, raised, matched, realized and the acceptance note form exchanged between the EP and internship provider.