新视野大学英语视听说教程 3 Unit 10-13
时间：2018-12-11 作者：英语课 分类：新视野大学英语：视听说教程 3
Further Listening and Speaking
Task1: what do you know about NASDAQ?
As the world’s largest electronic, NASDAQ is not limited to one trading location. Rather, trading is executed through NASDAQ’s complex computer and telecommunication 1 network, which sends real—time quote and trade data to more than 1.3 million users in 83 countries. Without size and location limitations, NASDAQ’s open market structure allows a virtually unlimited 2 number of participants to trade in a company’s stock.
Today, NASDAQ lists the securities of nearly 4,100 of the world’s leading companies, and each year it continues to help hundreds of companies go public.
Trading on NASDAQ is not limited to any fixed 3 number of participants. This allows a large number of firms with widely different business models and trading technologies to connect to the NASDAQ network and compete on an equal basis. Rather than forcing investors 4 to go through a single financial firms called makers 5. More than 500 market making firms trade on NASDAQ, acting 6 ad distributors for NASDAQ-listed securities. Those market makers are unique in that they invest own capital in NASDAQ-listed securities, and then turn around and distribute the stock as needed. They are required at all times to post their bid and ask prices in the NASDAQ network where they can be viewed by all participants. By being willing to buy or sell stock using their own funds, the market makers strengthen NASDAQ’s market, ensuing that there are always buyers and sellers for NASDAQ-listed securities and enabling trades to be filled quickly and efficiently 7.
1. How many participants does NASDAQ allow to trade in one company’s stock?
D) An unlimited number.
2. What does NASDAQ’s computer and telecommunications network do?
C) It immediately sends quote and trade information to over 1.3 million users.
3. According to the passage, which of the following is true of NASDAQ?
A) It has launched more than 4,000 companies.
4. What role do the market makers play?
B) They buy and sell NASDAQ stocks to help strengthen the market.
5. Which of the following is the best title for the passage?
A) The operation of NASDAQ.
- Telecommunication is an industry of service.电信业是一个服务型的行业。
- I only care about the telecommunication quality and the charge.我只关心通信质量和资费两个方面。
- They flew over the unlimited reaches of the Arctic.他们飞过了茫茫无边的北极上空。
- There is no safety in unlimited technological hubris.在技术方面自以为是会很危险。
- Have you two fixed on a date for the wedding yet?你们俩选定婚期了吗？
- Once the aim is fixed,we should not change it arbitrarily.目标一旦确定，我们就不应该随意改变。
- a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
- a cash bonanza for investors 投资者的赚钱机会
- The makers of the product assured us that there had been no sacrifice of quality. 这一产品的制造商向我们保证说他们没有牺牲质量。
- The makers are about to launch out a new product. 制造商们马上要生产一种新产品。 来自《简明英汉词典》
- Ignore her,she's just acting.别理她，她只是假装的。
- During the seventies,her acting career was in eclipse.在七十年代，她的表演生涯黯然失色。
- The worker oils the machine to operate it more efficiently.工人给机器上油以使机器运转更有效。
- Local authorities have to learn to allocate resources efficiently.地方政府必须学会有效地分配资源。