- •Курс англійської мови для фінансистів
- •Unit 1 financial markets. The bond market
- •Text trading in the bond market
- •Vocabulary list
- •Exercises
- •The Eurobond Market
- •French Government Securities
- •The Chinese Bond Market
- •Discussion
- •Eurobond Market
- •In order to get prepared for participation in the class discussion of the above questions, write a short essay on the following:
- •Reading practice
- •Us Government Securities
- •Borrowers Pile Up the Yankees
- •Unit 2 financial markets. The stock market
- •Text stocks and markets
- •The corporate securities market in russia
- •Vocabulary list
- •Exercises
- •Equity Market
- •The New York Stock Exchange
- •Discussion
- •A) Bulls, Bears and Stags
- •Reading practice
- •Third and Fourth Markets
- •Investment activity
- •Investments
- •Investment climate
- •Vocabulary list
- •Exercises
- •Think of word combinations with these nouns:
- •Think of the verbs most commonly used with:
- •Write down 3-5 questions about the text.
- •Say what advantages individuals have when they invest in investment companies.
- •Investment Companies
- •Write down 3-5 questions about the text.
- •Explain how most dynamic institutional investors today - pension funds and
- •Food Giants Build Local Yogurt Plants
- •Norwegians to Buy 25% of Vimpelcom
- •Discussion
- •In order to get prepared for participation in the class discussion of the questions, write a short essay on the following:
- •Reading practice
- •Investment Skill Is a Rare Commodity
- •Investment Trusts
- •Foreign Investments in Russia
- •Cornerstone of the global financial market
- •Vocabulary list
- •Exercises
- •Write down 3-5 questions about the text.
- •Describe the components of the global financial markets. Global Financial Markets
- •Managing Exchange Rate Risk. Hedging
- •The Eurocurrency Market
- •Discussion
- •Present them in a short review.
- •Discuss the problem raised in the text. Tougher Measures Needed to Counter Macroeconomic Effects of Money Laundering
- •In order to get prepared for participation in the class discussion of the questions, write several short paragraphs about:
- •Reading practice
- •Foreign Exchange Swaps
- •Foreign Exchange Options
- •Unit 5 financial management
- •Text finance function
- •Financial ratios
- •Ratio analysis
- •Vocabulary list
- •Exercises
- •Write down 3-5 questions about the texts.
- •Say in what activities financial managers are involved.
- •Financial Capital
- •Discussion
- •Corporate Governance
- •Investment Management
- •In order to get prepared for participation in the class discussion of these questions.
- •Reading practice
- •Capital Structure and Cost of Capital
- •Liquidation
- •The Cash Flow Concept
- •Unit 6 accounting
- •Accounting principles and concepts
- •Accountancy in a free-market economy
- •Public and private accountants
- •Vocabulary list
- •Exercises
- •Accounting Records
- •Accountancy Profession
- •Discussion
- •Accounting Methods .
- •In order to get prepared for participation in the class discussion of the questions, write a short paragraph, explaining:
- •Reading practice
- •Green Accounting
- •Unit 7 international monetary system
- •International monetary institutions
- •Imf's support for russian reforms
- •Vocabulary list
- •Exercises
- •Make your own sentences with any five word combinations from (b) and (c).
- •Match the verbs from (a) with the nouns from (b) below:
- •Write down 3-5 questions about the text.
- •Describe the purposes for which the imf was set up.
- •International Monetary Fund
- •Write down 3-5 questions about the text.
- •Describe the purposes for which the organization was set up. Your Partner ebrd
- •Fiftieth Anniversary of the Bretton Woods Conference
- •Sum up the text in 5-7 sentences and present your summary in class.
- •Describe the World Bank's activities. Say how they differ from those of the imf.
- •Discussion
- •Fiscal Issues Are a Growing Concern of the imf
- •In order to get prepared for participation in the class discussion of the questions, write a short essay on:
- •Reading practice
- •Some Facts About the sdr
- •Literature
- •Contents
- •Курс англійської мови для фінансистів
- •83050, М. Донецьк, вул. Щорса, 31
- •83023, М.Донецьк, вул. Харитонова,10.
The New York Stock Exchange
The New York Stock Exchange (NYSE) is the oldest and largest of the ____________. It is a universal symbol of economic freedom. Three out of five Americans through this institution share in the strength and growth of the______ enterprise system. On a typical day about $6 billion worth of shares are on the NYSE. . on the NYSE.
Trades between buyers and ________ of securities are arranged by brokers. Brokers act as agents, __________ buyers in touch with sellers but not taking title to the securities. They represent on the floor different customers: mutual funds, investment funds, pension __________ and small investors. Brokers' day is a non-stop gathering of information.
The NYSE has 1366 members. A broker can join the exchange only by buying a ______ or “seat”, that costs as much as half a million dollars. There are different______ of members. Commission brokers are partners in brokerage firms who carry out trades for the firm's clients. Besides, there are specialists, who are ______ to a specific stock or bond and assist commission brokers in trading that stock or bond. Specialists buy stock for their capital, they ensure that a buyer meets a seller and a seller ______ a buyer. Today some 2200 stocks and more than 100 bond issues are ______ on the Exchange. Each stock is traded in one individual spot which brings all orders together in one place.
The New York Stock Exchange was in 1792, when merchants met to formalize rules and hours for ______. Business flourished. Trading three times a day gave way to an all-day auction market. At first each post auctioned only a handful of ______. Then a handful grew into a hundred. But the underlying principles have never changed. The unique structure of the auction system has been its strength and cornerstone since its ___________. ____.
New sophisticated technology has altered the stock exchange_______. The army of clerks was replaced by high speed computers, which allows to keep track of all ______, to report the to report the transactions to customers immediately, to bring orders to the trading posts electronically and to execute them. Computers are used for what they can do best: to move data around, to store ______, and provide information to people. All trades are performed electronically.
To prevent the system from the abuse the exchange has enforced rules governing ethical ______ and established a “stock-watch” electronic system, allowing to control and analyses instantly all trade on the ______.
Governors, who are appointed from the rank of brokers and specialists, watch the market and see to it that all buyers interested in a particular security could ______ from an equal footing, only in that case they open the stock trade. All this makes people trust the exchange. 50 million Americans have become ______. The NYSE is not just the place, it’s a way of doing business.
Words you may need:
Англійський варіант |
Російський варіант |
Український варіант |
universal |
всеобщий, всемирный |
загальний, всесвітній |
to take title (to) |
получать право собственности (на что-л.) |
одержувати право власності (на що - н.) |
commission broker |
комиссионный брокер |
комісійний брокер |
specialist |
специалист |
фахівець |
flourish |
процветать |
процвітати |
to give way (to) |
уступать |
поступатися |
post |
«пост», место в торговом зале биржи |
«пост», місце в торговому залі біржі |
cornerstone |
краеугольный камень |
наріжний камінь |
abuse |
злоупотребление |
зловживання |
instantly |
мгновенно |
миттєве |
from the rank of... |
из рядов ... |
з лав ... |
equal footing |
равные условия |
рівні умови |
