Exercise 1. Read the text and using the words in brackets as a guide, explain the meaning of the following terms: 1.
Stock exchange (buying and selling stocks, a trading market).
2.
Brokers (members of the exchange, carry out, orders).
3.
Stock broker (stock transactions, a dealer).
4.
Full fee (payment, consultations, research).
5.
Investing (putting money, items extra income, so that, to work).
Exercise 2. Say what is true and what is false. Correct the false sentences: 1.
There are two stock exchanges in the United States.
2.
Stockbrokers usually buy and sell stocks through a bank.
3.
The final buying or selling prices are arrived at as a result of an auction.
4.
Stock exchanges provide a central place in which both buyers and sellers of
stock can not meet.
5.
Bank brokerage services allow the investor to save on brokerage
commissions.
Task 3. Grammar Exercise 1. Match the verbs (1—6) to the nouns (a-f) to make common collocations. 1)
draw up
a)
press releases
2)
install and maintain
b)
contracts
3)
keep
c)
research
4)
train
d)
systems
5)
carry out
e)
records
6)
issue
f)
staff
Exercise 2. Complete the sentences with will / will not, won't or wouldn't. 1 We . . . .. . . . . . . . have to look for another supplier if you can't deliver this
month.
2 You . . . . . . . . . . . get such a good commission if you didn't win so many deals.
3 We . . . . . . . . . . . cut the price by 10% if you gave us a firm order in advance.
4 If we don't retrain our staff, they . . . . . . . . . . . . be able to use the new software.
5 Unless we hear from you within five days, we . . . . . . . assume that the deal is
off.
6 If you met your sales targets, we . . . . . . . . . . . consider offering you a three-year
contract.
