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English Language Tests-Intermediate level's archive Odd-lot Orders 1.. Where a person gives, either for his own account or for various accounts in which he has an actual monetary intere

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English Language Tests-Intermediate level's archive

Odd-lot Orders

1 Where a person gives, either for his own account or for

various accounts in which he has an actual monetary

interest, buy or sell odd-lot orders which aggregate 100

shares or more, such orders shall, as far as possible, be

consolidated into -lot units

common

full

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job

whole

2 A move occurs when a commodity opens up or

down its maximum allowed move and does not trade

again until the next session; the resulting bar or

candlestick would simply be a small dash

edge

limit

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margin

wall

3 The upsurge in investment was driven by a

general improvement in the local business environment

and transnational corporations' plan to invest on the

mainland in anticipation of emerging business

opportunities following China's accession to the WTO

flows

issues

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streams

tides

4 Simply put, market- funds aim to deliver

above-market returns with lower risk by hedging bullish stock

picks with an equivalent, but diversified, number of

bearish, or short, bets

balanced

matched

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neutral

offset

5 In forecasting models, is the process of removing

the effects of accumulating data sets from a trend to show

only the absolute changes in values and to allow potential

cyclical patterns to be identified; this is done using

regression and other statistical techniques

antitrend

detrend

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distrend

untrend

6 The SEC believes that if economics and sound

regulation dictate the establishment of an exclusive central

processor for the tape or any other element of the

national market system, provision must be made to insure

that this is not under the control or domination of any

particular market center

combination

comparison

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composite

compound

7 A marketable non- property is a property without

an earning expectancy, but is of a type that is commonly

bought and sold, and has a value generated by its

expected use(s) and/or consumption

consumptive

generation

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investment

productive

8 A typical option (the bid/ask quotes on all the

current options for a stock) can easily have 100 or 150

options; leaving aside the fact that each option is quoted

on three or four exchanges, for any two-option strategy

you choose, there will be 10,000 to 20,000 possible

combinations of choices

chain

pool

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set

suite

9 We're looking for tangible assets that could be

liquidated at a price that would justify the market value of

the entire company: examples of these ' assets'

would be oil and gas leases that are not yet generating

cash, or real estate purchased in the 1950s and still listed

at cost basis on the balance sheet

covert

hidden

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secret

unlisted

10 After you pay the remittance amount and handling

charge at the post office, a postal money order is delivered

to the address; the latter can then cash this money

order at a local post office

client's

lendee's

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payee's

purchaser's

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