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  • Note on the text

  • Task 2. Comprehension questions

  • Task 3. Find in the Text English equivalents for the following Russian words and phrases

  • Task 4. Write out from the text international words, transcribe and translate them into Russian.

  • Words and word combinations you may need

  • Task 6. Match the infinitives in A with the nouns in B.

  • Методичка Усвят НД. Российской федерации гоу впо алтайский государственный университет международный институт экономики, менеджмента и информационных систем в экономик


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    НазваниеРоссийской федерации гоу впо алтайский государственный университет международный институт экономики, менеджмента и информационных систем в экономик
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    Task 1. Read and translate the text.
    A stock exchange is a highly organized financial market where bonds, shares and other securities can be bought or sold.

    Stock market business is worldwide. London, Johannesburg, New York, Melbourne, Tokyo, Calcutta, Paris, Amsterdam and Brussels are all famous centres of stock exchange activity.

    The function of a stock exchange is to put those who wish to sell securities in touch with those who wish to buy them.

    The London Stock Exchange plays a vital role in maintaining London’s position as a major financial centre. London has had a stock exchange for dealing in different securities for over 200 years, its first building was constructed in 1801. Then, in 1853 a new building was constructed on the same site. But to keep pace with modern requirements and to provide the most up-to-date facilities for both members and investors it was decided once again to rebuild the Stock Exchange on the same site. Work started in 1966. The Stock Exchange was completed in 1972.

    As a result of legal reforms implemented in 1986 and known as “Big Bang”, the Exchange has changed radically over recent years. The most fundamental change has been the move away from the traditional market floor to screen-based trading. Now stockbrokers deal in securities through telephones and computers which have linked London much more closely with the other major international financial centres.
    Note on the text

    to deal in – торговать

    to deal with – иметь дело с чем-либо

    vital role – жизненно важная роль

    keep pace with – идти в ногу с

    “Big Bang” – «Биг Бэнг» («Большой взрыв» – реорганизация Лондонской биржи)

    radically – радикально

    screen-based trading – электронная торговля
    Task 2. Comprehension questions

    1. What is a stock market?

    2. What function does a stock market perform?

    3. Had the London Stock Exchange moved to different places and different buildings over more than 200 years of its existence?

    4. What reform of the London Stock Exchange was implemented in 1986?


    Task 3. Find in the Text English equivalents for the following Russian words and phrases:

    - покупать и продавать облигации;

    - акции и другое ценные бумаги;

    - сводить вместе желающих продать и желающих купить ценные бумаги;

    - играть жизненно важную роль;

    - удерживать положение;

    - идти в ногу с современными требованиями;

    - обеспечить cовременными условиями для работы;

    - было решено;

    - осуществлять реформы;

    - продавать и покупать ценные бумаги с помощью телефона и компьютера.
    Task 4. Write out from the text international words, transcribe and translate them into Russian.
    Task 5. a). Read the text and translate it into Russian. b). Say whether you agree with the assessment of the Russian stock market given in the text.
    At present, the Russian stock market does not fully meet the Russian economy’s development requirements. The task of the market to accumulate savings and to transform them into investments in the real economy is not fulfilled effectively. Few securities are traded in the market. It is believed, however, that the market has a tremendous potential. If risks are lowered and a favourable investment climate is created in Russia, our market will become attractive to Russian and foreign investors.
    Words and word combinations you may need

    task – задача

    accumulate – накапливать

    transform – трансформировать, преобразовывать

    trade – покупать и продавать ценные бумаги

    lower risks – снижать риски

    tremendous – огромный
    Task 6. Match the infinitives in A with the nouns in B.

    A B

    to meet a climate

    to accumulate savings

    to fulfill a task

    to sell requirements

    to implement construction

    to play facilities

    to deal in a house

    to rebuild bonds

    to provide reforms

    to have securities

    to complete a role

    to create a potential



    For the next session




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