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. 單詞
股票, 股份
交換, 交易
法律的, 法定的
實體
成員資格, 成員人數
組織
貿易, 交易, 生意
有價證券
管理, 控制
列于表上, 上市
公債, 債券
交換清賬
正式交付
轉帳, 過戶, 轉讓
貯藏（量）, 存儲
交易, 買賣；處理, 應付, 做生意
許可, 準許
委托
掮客, 經紀人
記錄, 登記, 注冊
記錄或目錄，花名冊
資本, 資金
賬戶
委托
接見, 會見
合同, 契約
有效，有效性
套，組，交易單位
倍數, 若干
辦理, 處理, 交易
法則, 原則, 原理
優先, 優先權
解決, 結算
所有權
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 短語與詞組
非盈利性的法人組織
會員制
現貨交易
上市股票和債券
證券清算
市場信息
政府債券
公司債券
金融債券
資金賬戶
證券賬戶
委托價格
市場價格
限制價格
委托期間
當日有效和五日有效
普通日交易
定日交易
交易金額
時間優先
價格優先
過戶
結算部
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.它是專門為辦理股票交易、管理上市股票和債券的現貨交易提供場所、為客戶提供證券的清算、交割、過戶和保管以及市場信息的市場。
(1)此句為主從復合句，which引導定語從句。
(2)在定語從句中，which后面有三個謂語，分別是provides…for…，manages…，supplies…with…,and with…。
(3)spot trading現貨交易，即期交易
spot a.①made, paid, or delivered immediately立即制定、支付或發送
例：a spot sale.
即時結清的買賣
②Of, relating to, or being a market in which payment or delivery is immediate現場交易的：貨到時付的或現付的，交易等當時支付現金的與市場相關的或市場的，在此種市場中現金支付和交割即時進行
例：the spot market in oil.
石油的現場交易市場
(4)listed stocks and bonds上市股票和債券
(5)securities clearing, delivery, transfer and storage證券的清算、交割、過戶和保管
clear vt.①to settle (a debt)清償（債務）
②to pass (a bill of exchange, such as a check) through a clearing-house交換清帳：通過票據交換所傳遞（交換票據，如支票）
delivery n.[Law] a formal act of transferring ownership of property to another【法律】 正式交付：把財產的所有權正式交付給他人的行為
例：delivery of a deed
契約的正式交付
transfer vt.[Law] to make over the possession or legal title of; convey【法律】 轉讓：將財產或法律權利轉讓；讓與
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.如果有人想在市場上買賣證券，必須委托會員公司的經紀人才能進行交易，名冊登記，開立資金賬戶和證券交易賬戶。
(1)此句是主從復合句，if引導條件狀語從句。
(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經紀人：他人的代理，如在談判簽約、購買或為收傭金而出售時的代理人
②a stockbroker股票經紀人
(3)register vi.to have one's name officially placed on a list of eligible voters登記在：使自己的名字正式列入合法投票人的名單中
(4)a capital account資金賬戶
(5)a securities account證券交易賬戶
3.The securities listed in exchange include government bonds, corporation bonds, financial bonds and stocks publicly issued all over the country.在交易所掛牌上市的有價證券包括在全國公開發行的政府債券、公司債券、金融債券和股票。
(1)(the securities) listed in (stock) exchange是后置定語，修飾前面的securities。
(2)(government bonds, corporation bonds, financial bonds and stocks) publicly issued all over the country是后置定語，修飾前面的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債券：由政府或公司發行的，保證到一將來明確的日期歸還本金和利息的債務憑證
(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：商業團體通過出賣股票而積聚的資金或基金，保證給予股票持有者分紅或其他權利，如選舉權
②the number of shares that each stockholder possesses股份：股票持有者擁有的股票份額
③a certificate of rights to shares issued by a corporation股票：股份公司發行、表示股份份額的憑證
