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  3. Stock Exchange Another key financial institution in the money market is the stock exchange. / The stock exchange makes a mark

Stock Exchange Another key financial institution in the money market is the stock exchange. / The stock exchange makes a mark

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答案 Stock Exchange Another key financial institution in the money market is the stock exchange. / The stock exchange makes a market through stockbrokers. / In the United States the market is made by specialists / who are wholesalers of stocks and shares. / They hold a "float" of shares at any time, / and daily prices are set as they mark prices down / and as they balance shares offered with shares demanded. / Stock exchange transactions occur within a complex network of law, / government regulations, / and the internal rules of the individual governing bodies. /
解析 难句“They hold a‘float’of shares at any time，and daily prices are set as they mark prices down as they balance shares offered with shares demanded．”中的“float”of share指股份的“浮动”，了解此短语的意思就不会误听为“flood”of shares。
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