The Best English Reading Paragraphs. Part - 15 - A-Z English Learning Website

Engaging in English reading paragraphs is essential for language development and comprehension skills.
Improving English comprehension paragraphs helps individuals grasp complex ideas and enhances their overall understanding of the language.
Diverse reading comprehension passages offer varied content, enabling readers to explore different topics and expand their knowledge.
Practice with a specific paragraph for reading practice contributes to honing one’s ability to extract information efficiently.
Regular exposure to reading comprehension paragraphs is vital for academic and professional success, fostering critical thinking and analytical skills.
The importance of reading paragraph lies in its role as a fundamental building block for effective communication and information processing.
Consistent reading paragraph practice is recommended for those aiming to enhance their reading speed and comprehension accuracy.
For individuals preparing for language proficiency exams like IELTS, mastering IELTS reading paragraphs is crucial for success.
Reading a paragraph in English daily is a simple yet effective habit to develop and maintain language proficiency.
Emphasizing the importance of reading paragraph in educational settings contributes to a well-rounded academic experience.
The cumulative effect of dedicated practice with english reading paragraphs results in improved language skills and a broader intellectual horizon.

In April, the New York Stock Exchange proposed to join with Archipelago Holdings. On December sixth, members of the exchange approved the merger by a vote of ninety-five percent.

The New York Stock Exchange is two centuries old. It is the biggest in the world in terms of the value of the stocks traded. The Big Board lists almost two thousand eight hundred companies. They have a combined worth of almost twenty million million dollars.

Archipelago is less than ten years old. It is a trading technology company based in Chicago. It developed one of the first electronic trading systems. It now trades over eight thousand stocks. Many are also listed on other exchanges.

The combined company will be called the N.Y.S.E Group. Current members of the N.Y.S.E. will own seventy percent of the new company. Archipelago shareholders will own thirty percent of it.

The New York Stock Exchange still uses an “open outcry” system. Traders shout offers to buy or sell stocks on the trading floor. But trading electronically has become more and more important.

John Thain is the chief executive officer. He talks of a “hybrid market” that combines human and electronic trading systems. Mr. Thain says developing both gives investors the best price on trades.

Increasing electronic trading is only part of the merger deal. Since nineteen seventy-one, the New York Stock Exchange has been organized as a non-profit corporation. The current owners are the almost one thousand four hundred members known as seatholders.

The new owners will be shareholders. The exchange will become a public company like other major stock exchanges. And, like other public companies, it will have to report financial information to the Securities and Exchange Commission.

The New York Stock Exchange is a self-regulatory organization. It enforces its own rules for some of its members. The National Association of Securities Dealers supervises investment traders and trading companies. Some companies are supervised by both the exchange and the association.

Some lawmakers and the Securities Industry Association are suggesting changes. They want to make policing the market simpler.

VOCABULARY

Word	Synonyms	Antonyms	Meaning	Example
Merger	Integration, Amalgamation	Separation, Division	The combination of two or more companies or organizations into a single entity	Members of the New York Stock Exchange approved the merger with Archipelago Holdings, resulting in the formation of the N.Y.S.E. Group.
Century	Hundred years, Centennial	Decade, Millennium	A period of one hundred years	The New York Stock Exchange, with a history spanning two centuries, has played a significant role in the global financial market.
Value	Worth, Importance	Insignificance, Devaluation	The monetary or material worth of something	The Big Board lists almost two thousand eight hundred companies with a combined value of almost twenty million million dollars.
Traded	Exchanged, Transacted	Held, Retained	Bought or sold goods, services, or financial instruments	The New York Stock Exchange is the biggest in the world in terms of the value of the stocks traded, making it a key player in the global financial system.
Technology	Technological advancements, Innovations	Obsolete methods, Outdated	The application of scientific knowledge for practical purposes	Archipelago is a trading technology company that developed one of the first electronic trading systems, revolutionizing stock trading practices.
Electronic	Digital, Automated	Manual, Mechanical	Operated by or involving the use of computer systems or other technology	The New York Stock Exchange proposed to join with Archipelago, a trading technology company that focuses on electronic trading systems.
Combined	Merged, Unified	Separated, Isolated	Brought together or joined into a single entity or form	The combined company resulting from the merger of the New York Stock Exchange and Archipelago will be known as the N.Y.S.E. Group.
Seatholders	Members, Shareholders	Non-members, Stakeholders	Individuals or entities that hold a seat or membership on the New York Stock Exchange	The current owners of the New York Stock Exchange are the almost one thousand four hundred seatholders, who will become shareholders in the new public company.
Non-profit	Charitable, Not-for-profit	Profitable, Commercial	An organization or corporation that does not operate for the purpose of making a profit	Since nineteen seventy-one, the New York Stock Exchange has been organized as a non-profit corporation, but the merger will transform it into a publicly traded company.
Public company	Publicly traded company, Publicly held	Private company, Privately held	A company whose shares are traded on a stock exchange and are available for the public to buy and sell	The New York Stock Exchange, after the merger, will transition from a non-profit organization to a public company, requiring it to report financial information to the SEC.
Regulatory	Governing, Supervisory	Unregulated, Uncontrolled	Relating to the enforcement or creation of rules and regulations	The New York Stock Exchange is a self-regulatory organization that enforces its own rules for some of its members, ensuring a fair and transparent trading environment.
Securities	Financial instruments, Investments	Liabilities, Debts	Tradable financial assets, such as stocks or bonds, representing ownership or a claim on a part of a public company	The New York Stock Exchange, as a self-regulatory organization, supervises the trading of securities and ensures compliance with market rules.
Association	Organization, Alliance	Disassociation, Dissociation	A group of people organized for a joint purpose or a shared interest	The National Association of Securities Dealers supervises investment traders and trading companies, collaborating with the New York Stock Exchange in regulating the market.
Supervised	Monitored, Controlled	Ignored, Neglected	Subject to oversight, monitoring, or regulation	Some companies are supervised by both the New York Stock Exchange and the National Association of Securities Dealers to ensure compliance with market regulations.
Lawmakers	Legislators, Representatives	Lawbreakers, Offenders	Individuals involved in the creation and enactment of laws	Lawmakers and the Securities Industry Association are suggesting changes to simplify market policing and enhance regulatory efficiency.
Policing	Regulating, Monitoring	Ignoring, Neglecting	The act of enforcing rules and regulations to maintain order and prevent illegal activities	Lawmakers and the Securities Industry Association are suggesting changes to make policing the market simpler, aiming to improve regulatory effectiveness.
Market	Marketplace, Exchange	Isolation, Non-market	A system or place where buyers and sellers can trade goods, services, or financial instruments	Critics suggest changes in market regulation to make policing simpler, potentially enhancing the efficiency of market supervision.
Tension	Strain, Stress	Relaxation, Ease	A state of mental or emotional strain resulting from adverse or very demanding circumstances	Some lawmakers and the Securities Industry Association are suggesting changes to reduce tension and streamline the regulatory process in financial markets.
Innovations	Advancements, Breakthroughs	Obsolete methods, Stagnation	New or significantly improved ideas, processes, or technologies	The New York Stock Exchange CEO envisions a “hybrid market” that combines human and electronic trading systems, representing innovations in the trading environment.

The Best English Reading Paragraphs. Part – 15

VOCABULARY

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