I. Read and translate the text. Write down the translation of the third paragraph

КОНТРОЛЬНАЯ РАБОТА №1

 по дисциплине «Иностранный язык в профессиональной сфере» 

Вариант №3

 

 

 

                                                    Студент: Новикова Мария Александровна

                                                     Курс: 2 № группы: ЛПЦ 19-3Б3-ФК1

                                                     Номер зачетной книжки: 100.16/190124

                                                     Преподаватель: к.п.н., Кокорева А.A.

 

 

Липецк 2020

Variant III

I. Read and translate the text. Write down the translation of the third paragraph

 

Trader

 

1. A trader is an individual who engages in the buying and selling of financial assets in any financial market, either for himself or on behalf of another person or institution. The main difference between a trader and an investor is the duration for which the person holds the asset. Investors tend to have a longer-term time horizon, while traders tend to hold assets for shorter periods of time to capitalize on short-term trends. 

 

2. A trader can work for a financial institution, in which case he trades with the company's money and credit, and is paid a combination of salary and bonus. Alternatively, a trader can work for himself, which means he is trading with his own money and credit but keeps all of the profit for himself. Among the disadvantages of short-term trading are commission costs and paying away the bid/offer spread. Because traders frequently engage in short-term trading strategies to chase after profit, they can rack up large commission fees. However, an increasing number of highly competitive discount brokerages has made this cost less of an issue, while electronic trading platforms have tightened spreads in the foreign exchange market. There is also disadvantageous tax treatment of short-term capital gains in the United States.

 

3. Many large financial institutions have trading rooms where traders buy and sell a wide range of products on behalf of the company. Each trader is given a limit as to how large of a position he can take, the position's maximum maturity and how much of a mark-to-market loss he can have before a position must be closed out. The company has the underlying risk and keeps most of the profit; the trader receives a salary and bonuses. Most people who trade on their own account work from home or in a small office, and utilize a discount broker and electronic trading platforms. Their limits are dependent on their own cash and credit, but they keep all profits.

 

4. Discount brokerage firms charge significantly lower commissions per transaction but provide little or no financial advice. Individuals cannot trade directly on a stock or commodity exchange on their own account, so using a discount broker is a cost-effective way to gain access to the markets. Many discount brokers offer margin accounts, which allow traders to borrow money from the broker to buy stock.

 

(Перевод 3 абзаца)

 Многие крупные финансовые учреждения имеют торговые залы, где трейдеры покупают и продают широкий спектр продуктов от имени компании. Каждому трейдеру дается ограничение относительно того, насколько большую позицию он может занять, максимальный срок погашения позиции и сколько потерь от отметки к рынку он может иметь, прежде чем позиция должна быть закрыта. Компания несет основной риск и сохраняет большую часть прибыли; трейдер получает зарплату и бонусы. Большинство людей, которые торгуют за свой счет, работают дома или в небольшом офисе, а также используют дисконтного брокера и электронные торговые платформы. Их лимиты зависят от их собственных денежных средств и кредита, но они сохраняют всю прибыль.

 

II. Decide whether the statements are true (a), false (b) or information is not available in the text (c).

 

1. Among the advantages of short-term trading are commission costs and paying away the bid/offer spread.

 

2. The main difference between a trader and an investor is the duration for which the person holds the asset. 

 

3. A trader is only paid a bonus. 

 

Оформите ваши ответы в данной таблице:

1	2	3
Information is not available in the text	True	FalseF

 

III. Complete the sentences (1-6) with the most suitable prepositions (a-d).

1. Banks are coming … increased pressure to digitalize their operations.

a) for               b) on              c) over          d) under

 

2. Banking has become the new norm … many consumers

a) with           b) for            c) without           d) in 

 

3. People prefer to switch to a bank … a physical branch.

 a) without          b) in              c) for         d) on

 

4. Banks around the world are focusing.. refining their digital strategies.

a) after            b) on            c) in      d) with

  

5. The net assets shown … the balance sheet equals the third part of the balance sheet. 

a) by       b) for         c) on           d) under

 

6. Most jurisdictions now allow the creation … new corporations through registration

. a) for      b) in          c) of              d) with

 

  Оформите ваши ответы в данной таблице:

1	2	3	4	5	6
under	for	without	on	by	of

 

КОНТРОЛЬНАЯ РАБОТА №1

 по дисциплине «Иностранный язык в профессиональной сфере» 

Вариант №3

 

 

 

                                                    Студент: Новикова Мария Александровна

                                                     Курс: 2 № группы: ЛПЦ 19-3Б3-ФК1

                                                     Номер зачетной книжки: 100.16/190124

                                                     Преподаватель: к.п.н., Кокорева А.A.

 

 

Липецк 2020

Variant III

I. Read and translate the text. Write down the translation of the third paragraph

 

Trader

 

1. A trader is an individual who engages in the buying and selling of financial assets in any financial market, either for himself or on behalf of another person or institution. The main difference between a trader and an investor is the duration for which the person holds the asset. Investors tend to have a longer-term time horizon, while traders tend to hold assets for shorter periods of time to capitalize on short-term trends. 

 

2. A trader can work for a financial institution, in which case he trades with the company's money and credit, and is paid a combination of salary and bonus. Alternatively, a trader can work for himself, which means he is trading with his own money and credit but keeps all of the profit for himself. Among the disadvantages of short-term trading are commission costs and paying away the bid/offer spread. Because traders frequently engage in short-term trading strategies to chase after profit, they can rack up large commission fees. However, an increasing number of highly competitive discount brokerages has made this cost less of an issue, while electronic trading platforms have tightened spreads in the foreign exchange market. There is also disadvantageous tax treatment of short-term capital gains in the United States.

 

3. Many large financial institutions have trading rooms where traders buy and sell a wide range of products on behalf of the company. Each trader is given a limit as to how large of a position he can take, the position's maximum maturity and how much of a mark-to-market loss he can have before a position must be closed out. The company has the underlying risk and keeps most of the profit; the trader receives a salary and bonuses. Most people who trade on their own account work from home or in a small office, and utilize a discount broker and electronic trading platforms. Their limits are dependent on their own cash and credit, but they keep all profits.

 

4. Discount brokerage firms charge significantly lower commissions per transaction but provide little or no financial advice. Individuals cannot trade directly on a stock or commodity exchange on their own account, so using a discount broker is a cost-effective way to gain access to the markets. Many discount brokers offer margin accounts, which allow traders to borrow money from the broker to buy stock.

 

(Перевод 3 абзаца)

 Многие крупные финансовые учреждения имеют торговые залы, где трейдеры покупают и продают широкий спектр продуктов от имени компании. Каждому трейдеру дается ограничение относительно того, насколько большую позицию он может занять, максимальный срок погашения позиции и сколько потерь от отметки к рынку он может иметь, прежде чем позиция должна быть закрыта. Компания несет основной риск и сохраняет большую часть прибыли; трейдер получает зарплату и бонусы. Большинство людей, которые торгуют за свой счет, работают дома или в небольшом офисе, а также используют дисконтного брокера и электронные торговые платформы. Их лимиты зависят от их собственных денежных средств и кредита, но они сохраняют всю прибыль.

 

II. Decide whether the statements are true (a), false (b) or information is not available in the text (c).

 

1. Among the advantages of short-term trading are commission costs and paying away the bid/offer spread.

 

2. The main difference between a trader and an investor is the duration for which the person holds the asset. 

 

3. A trader is only paid a bonus. 

 

Оформите ваши ответы в данной таблице:

1	2	3
Information is not available in the text	True	FalseF

 

III. Complete the sentences (1-6) with the most suitable prepositions (a-d).

1. Banks are coming … increased pressure to digitalize their operations.

a) for               b) on              c) over          d) under

 

2. Banking has become the new norm … many consumers

a) with           b) for            c) without           d) in 

 

3. People prefer to switch to a bank … a physical branch.

 a) without          b) in              c) for         d) on

 

4. Banks around the world are focusing.. refining their digital strategies.

a) after            b) on            c) in      d) with

  

5. The net assets shown … the balance sheet equals the third part of the balance sheet. 

a) by       b) for         c) on           d) under

 

6. Most jurisdictions now allow the creation … new corporations through registration

. a) for      b) in          c) of              d) with

 

  Оформите ваши ответы в данной таблице:

1	2	3	4	5	6
under	for	without	on	by	of