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The Best English Reading Paragraphs. Part – 15

  1. Engaging in English reading paragraphs is essential for language development and comprehension skills.
  2. Improving English comprehension paragraphs helps individuals grasp complex ideas and enhances their overall understanding of the language.
  3. Diverse reading comprehension passages offer varied content, enabling readers to explore different topics and expand their knowledge.
  4. Practice with a specific paragraph for reading practice contributes to honing one’s ability to extract information efficiently.
  5. Regular exposure to reading comprehension paragraphs is vital for academic and professional success, fostering critical thinking and analytical skills.
  6. The importance of reading paragraph lies in its role as a fundamental building block for effective communication and information processing.
  7. Consistent reading paragraph practice is recommended for those aiming to enhance their reading speed and comprehension accuracy.
  8. For individuals preparing for language proficiency exams like IELTS, mastering IELTS reading paragraphs is crucial for success.
  9. Reading a paragraph in English daily is a simple yet effective habit to develop and maintain language proficiency.
  10. Emphasizing the importance of reading paragraph in educational settings contributes to a well-rounded academic experience.
  11. 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

WordSynonymsAntonymsMeaningExample
MergerIntegration, AmalgamationSeparation, DivisionThe combination of two or more companies or organizations into a single entityMembers of the New York Stock Exchange approved the merger with Archipelago Holdings, resulting in the formation of the N.Y.S.E. Group.
CenturyHundred years, CentennialDecade, MillenniumA period of one hundred yearsThe New York Stock Exchange, with a history spanning two centuries, has played a significant role in the global financial market.
ValueWorth, ImportanceInsignificance, DevaluationThe monetary or material worth of somethingThe Big Board lists almost two thousand eight hundred companies with a combined value of almost twenty million million dollars.
TradedExchanged, TransactedHeld, RetainedBought or sold goods, services, or financial instrumentsThe 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.
TechnologyTechnological advancements, InnovationsObsolete methods, OutdatedThe application of scientific knowledge for practical purposesArchipelago is a trading technology company that developed one of the first electronic trading systems, revolutionizing stock trading practices.
ElectronicDigital, AutomatedManual, MechanicalOperated by or involving the use of computer systems or other technologyThe New York Stock Exchange proposed to join with Archipelago, a trading technology company that focuses on electronic trading systems.
CombinedMerged, UnifiedSeparated, IsolatedBrought together or joined into a single entity or formThe combined company resulting from the merger of the New York Stock Exchange and Archipelago will be known as the N.Y.S.E. Group.
SeatholdersMembers, ShareholdersNon-members, StakeholdersIndividuals or entities that hold a seat or membership on the New York Stock ExchangeThe 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-profitCharitable, Not-for-profitProfitable, CommercialAn organization or corporation that does not operate for the purpose of making a profitSince 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 companyPublicly traded company, Publicly heldPrivate company, Privately heldA company whose shares are traded on a stock exchange and are available for the public to buy and sellThe 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.
RegulatoryGoverning, SupervisoryUnregulated, UncontrolledRelating to the enforcement or creation of rules and regulationsThe 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.
SecuritiesFinancial instruments, InvestmentsLiabilities, DebtsTradable financial assets, such as stocks or bonds, representing ownership or a claim on a part of a public companyThe New York Stock Exchange, as a self-regulatory organization, supervises the trading of securities and ensures compliance with market rules.
AssociationOrganization, AllianceDisassociation, DissociationA group of people organized for a joint purpose or a shared interestThe National Association of Securities Dealers supervises investment traders and trading companies, collaborating with the New York Stock Exchange in regulating the market.
SupervisedMonitored, ControlledIgnored, NeglectedSubject to oversight, monitoring, or regulationSome companies are supervised by both the New York Stock Exchange and the National Association of Securities Dealers to ensure compliance with market regulations.
LawmakersLegislators, RepresentativesLawbreakers, OffendersIndividuals involved in the creation and enactment of lawsLawmakers and the Securities Industry Association are suggesting changes to simplify market policing and enhance regulatory efficiency.
PolicingRegulating, MonitoringIgnoring, NeglectingThe act of enforcing rules and regulations to maintain order and prevent illegal activitiesLawmakers and the Securities Industry Association are suggesting changes to make policing the market simpler, aiming to improve regulatory effectiveness.
MarketMarketplace, ExchangeIsolation, Non-marketA system or place where buyers and sellers can trade goods, services, or financial instrumentsCritics suggest changes in market regulation to make policing simpler, potentially enhancing the efficiency of market supervision.
TensionStrain, StressRelaxation, EaseA state of mental or emotional strain resulting from adverse or very demanding circumstancesSome lawmakers and the Securities Industry Association are suggesting changes to reduce tension and streamline the regulatory process in financial markets.
InnovationsAdvancements, BreakthroughsObsolete methods, StagnationNew or significantly improved ideas, processes, or technologiesThe New York Stock Exchange CEO envisions a “hybrid market” that combines human and electronic trading systems, representing innovations in the trading environment.

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