The Exchange Trade as a Priority Direction of Modernization of the Securities Market of Ukraine
The article considers the main problems that inhibit the development of stock exchange trading with the help of stock markets in Ukraine. Among such problems are: low capitalization and liquidity of stock market; predominance of OTC market over exchange; weak protection of investors’ rights; scarcit...
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2018-07-01
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| Series: | Bìznes Inform |
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| Online Access: | http://www.business-inform.net/export_pdf/business-inform-2018-7_0-pages-216_220.pdf |
| _version_ | 1818752966600949760 |
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| author | Piekhota Artem V. |
| author_facet | Piekhota Artem V. |
| author_sort | Piekhota Artem V. |
| collection | DOAJ |
| description | The article considers the main problems that inhibit the development of stock exchange trading with the help of stock markets in Ukraine. Among such problems are: low capitalization and liquidity of stock market; predominance of OTC market over exchange; weak protection of investors’ rights; scarcity of institutional investors’ assets; lack of consolidation among Ukrainian exchanges; low population activity. It is indicated that further priority directions of modernization of exchange trade of Ukraine should be accompanied by: introduction of modern trading, settlement and information technologies; creation of an effective consolidated model of clearing and settlements; expansion of the range of financial instruments, in particular derivatives; improvement of the legal and regulatory framework; creation of conditions for circulation of foreign securities; improving the depository system and clearing and settlement system; combination of measures to strengthen the system of the State supervision and control with the development of self-regulation processes. The preconditions of formation and development of the Ukrainian stock market of securities are considered in the context of European integration processes. |
| first_indexed | 2024-12-18T04:59:52Z |
| format | Article |
| id | doaj.art-4bbe68c43a674126b333116e1516272d |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-12-18T04:59:52Z |
| publishDate | 2018-07-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-4bbe68c43a674126b333116e1516272d2022-12-21T21:20:10ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2018-07-017486216220The Exchange Trade as a Priority Direction of Modernization of the Securities Market of UkrainePiekhota Artem V.0Postgraduate Student, Department of Finance, Kyiv National Economic University named after V. HetmanThe article considers the main problems that inhibit the development of stock exchange trading with the help of stock markets in Ukraine. Among such problems are: low capitalization and liquidity of stock market; predominance of OTC market over exchange; weak protection of investors’ rights; scarcity of institutional investors’ assets; lack of consolidation among Ukrainian exchanges; low population activity. It is indicated that further priority directions of modernization of exchange trade of Ukraine should be accompanied by: introduction of modern trading, settlement and information technologies; creation of an effective consolidated model of clearing and settlements; expansion of the range of financial instruments, in particular derivatives; improvement of the legal and regulatory framework; creation of conditions for circulation of foreign securities; improving the depository system and clearing and settlement system; combination of measures to strengthen the system of the State supervision and control with the development of self-regulation processes. The preconditions of formation and development of the Ukrainian stock market of securities are considered in the context of European integration processes.http://www.business-inform.net/export_pdf/business-inform-2018-7_0-pages-216_220.pdfexchange tradestock exchangeregulated (institutionalized) stock marketInternet trading |
| spellingShingle | Piekhota Artem V. The Exchange Trade as a Priority Direction of Modernization of the Securities Market of Ukraine Bìznes Inform exchange trade stock exchange regulated (institutionalized) stock market Internet trading |
| title | The Exchange Trade as a Priority Direction of Modernization of the Securities Market of Ukraine |
| title_full | The Exchange Trade as a Priority Direction of Modernization of the Securities Market of Ukraine |
| title_fullStr | The Exchange Trade as a Priority Direction of Modernization of the Securities Market of Ukraine |
| title_full_unstemmed | The Exchange Trade as a Priority Direction of Modernization of the Securities Market of Ukraine |
| title_short | The Exchange Trade as a Priority Direction of Modernization of the Securities Market of Ukraine |
| title_sort | exchange trade as a priority direction of modernization of the securities market of ukraine |
| topic | exchange trade stock exchange regulated (institutionalized) stock market Internet trading |
| url | http://www.business-inform.net/export_pdf/business-inform-2018-7_0-pages-216_220.pdf |
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