New Words
stock n.
exchange n.
legal adj.
entity n.
membership n.
organize vt.
trade v.;n.
securities n.
manage vt.
list vt.
bond n.
clear vi.
delivery n.
transfer n.
storage n.
deal n.;vi.
permit v.
entrust v.
broker n.
register vt.
roll n.
capital n.
account n.
entrustment n.
interview n.
contract n.
validity n.
set n.
multiple n.
transaction n.
principle n.
priority n.
settlement n.
ownership n. 单词
股票, 股份
交换, 交易
法律的, 法定的
实体
成员资格, 成员人数
组织
贸易, 交易, 生意
有价证券
管理, 控制
列于表上, 上市
公债, 债券
交换清账
正式交付
转帐, 过户, 转让
贮藏（量）, 存储
交易, 买卖；处理, 应付, 做生意
许可, 准许
委托
掮客, 经纪人
记录, 登记, 注册
记录或目录，花名册
资本, 资金
账户
委托
接见, 会见
合约, 契约
有效，有效性
套，组，交易单位
倍数, 若干
办理, 处理, 交易
法则, 原则, 原理
优先, 优先权
解决, 结算
所有权
Phrases and Expressions
non-profit-making legal entity
membership system
spot trading
listed stocks and bonds
securities clearing
market information
government bonds
corporation bonds
financial bonds
a capital account
a securities account
entrustment price
market price
limited price
term of entrustment
one-day and five-day validity
regular day
appointed day
trading amount
time priority
price priority
ownership-transfer
settlement department 短语与词组
非盈利性的法人组织
会员制
现货交易
上市股票和债券
证券清算
市场信息
政府债券
公司债券
金融债券
资金账户
证券账户
委托价格
市场价格
限制价格
委托期间
当日有效和五日有效
普通日交易
定日交易
交易金额
时间优先
价格优先
过户
结算部
Notes
1.It is market which provides places for organized trading in securities, manages spot trading of listed stocks and bonds, supplies the customers with the services of securities clearing, delivery, transfer and storage, and with the market information.它是专门为办理股票交易、管理上市股票和债券的现货交易提供场所、为客户提供证券的清算、交割、过户和保管以及市场信息的市场。
(1)此句为主从复合句，which引导定语从句。
(2)在定语从句中，which后面有三个谓语，分别是provides…for…，manages…，supplies…with…,and with…。
(3)spot trading现货交易，即期交易
spot a.①made, paid, or delivered immediately立即制定、支付或发送
例：a spot sale.
即时结清的买卖
②Of, relating to, or being a market in which payment or delivery is immediate现场交易的：货到时付的或现付的，交易等当时支付现金的与市场相关的或市场的，在此种市场中现金支付和交割即时进行
例：the spot market in oil.
石油的现场交易市场
(4)listed stocks and bonds上市股票和债券
(5)securities clearing, delivery, transfer and storage证券的清算、交割、过户和保管
clear vt.①to settle (a debt)清偿（债务）
②to pass (a bill of exchange, such as a check) through a clearing-house交换清帐：通过票据交换所传递（交换票据，如支票）
delivery n.[Law] a formal act of transferring ownership of property to another【法律】 正式交付：把财产的所有权正式交付给他人的行为
例：delivery of a deed
契约的正式交付
transfer vt.[Law] to make over the possession or legal title of; convey【法律】 转让：将财产或法律权利转让；让与
2.If you want to buy or sell securities in the market, you must entrust member company's broker to make the dealing, register for the roll and open a capital account and a securities account.如果有人想在市场上买卖证券，必须委托会员公司的经纪人才能进行交易，名册登记，开立资金账户和证券交易账户。
(1)此句是主从复合句，if引导条件状语从句。
(2)broker n.①one that acts as an agent for others, as in negotiating contracts, purchases, or sales in return for a fee or commission经纪人：他人的代理，如在谈判签约、购买或为收佣金而出售时的代理人
②a stockbroker股票经纪人
(3)register vi.to have one's name officially placed on a list of eligible voters登记在：使自己的名字正式列入合法投票人的名单中
(4)a capital account资金账户
(5)a securities account证券交易账户
3.The securities listed in exchange include government bonds, corporation bonds, financial bonds and stocks publicly issued all over the country.在交易所挂牌上市的有价证券包括在全国公开发行的政府债券、公司债券、金融债券和股票。
(1)(the securities) listed in (stock) exchange是后置定语，修饰前面的securities。
(2)(government bonds, corporation bonds, financial bonds and stocks) publicly issued all over the country是后置定语，修饰前面的bonds and stocks。
(3)bond n.a certificate of debt issued by a government or corporation guaranteeing payment of the original investment plus interest by a specified future date债券：由政府或公司发行的，保证到一将来明确的日期归还本金和利息的债务凭证
(4)stock n.①the capital or fund that a corporation raises through the sale of shares entitling the stockholder to dividends and to other rights of ownership, such as voting rights股本：商业团体通过出卖股票而积聚的资金或基金，保证给予股票持有者分红或其他权利，如选举权
②the number of shares that each stockholder possesses股份：股票持有者拥有的股票份额
③a certificate of rights to shares issued by a corporation股票：股份公司发行、表示股份份额的凭证
