文档介绍：细心整理
Basic Listening Practice
1. Script
W: Let me recommend my brother to you. He’s really done well in the stock marld you tell me more about it? Like, how does it work?
Diana: It provides facilities for the trading of company stocks, mainly the location and the record-keeping devices.
George: Can I go and trade there?
Diana: It depends. You have to be a member of the exchange before you can buy and sell shares there. They call it having “a seat” on the exchange.
George: Something they use the term “stock market”.
Diana: Well, the trading of stock on stock exchanges is called the stock market.
George: How can a company be listed on the stock exchange?
Diana: It has to meet certain requirements. To be listed on the New York Stock Exchange last year, for example, a company had to have issued at least a million shares of stock worth＄16 and had to have had more than ＄ million net income.
George: Wow, that’s a huge sum! Small companies haven’t got a chance.
Diana: Big companies have more influence on the stock prices after all.
George: I see what you mean.
Stock exchange a thing some tips define investment bankers Europe a member stock market requirements a million shares net income
Task 2: Stockbroker helps Mr. Junkie to short
Script
ABC stock reached＄155. “＄155” for a stock that should be valued at＄100. Wow! “That’s it,” I said to myself. “It’s time I make a decision. I’m going to short that stock.” I thought to myself, “This stock is overvalued. It can’t remain at the present level for long. This means money in the bank.”
So I phoned my broker.
“I want to place a trade. I want to short 1,500 shares of ABC.
“I’m sorry, Mr. Junkie,” he said, “I can’t process that for you. Your account is cash account. You need a margin account to short a stock. I can send you the application form or you nearest financial institution to fill out the forms.”
The minute I got of the phone, I heard out the door because time is mon