The Analysis of Prospects for Derivatives Market Development in Ukraine in View of Solving the Problems of its Normative Legal Regulation
The increased uncertainty in the country’s economy, impossibility of raising capital only by standard financial instruments substantiated the need for such financial innovations as derivatives. The relevance of the suggested topic is justified by the lack of strong legislative framework regulatin...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
PH "INZHEK"
2016-02-01
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| Series: | Problemi Ekonomiki |
| Subjects: | |
| Online Access: | http://www.problecon.com/export_pdf/problems-of-economy-2016-1_0-pages-242_248.pdf |
| Summary: | The increased uncertainty in the country’s economy, impossibility of raising
capital only by standard financial instruments substantiated the need for
such financial innovations as derivatives. The relevance of the suggested
topic is justified by the lack of strong legislative framework regulating the
market of derivative financial instruments, as well as by significant demand
for them in Ukraine. The aim of the article is to analyze the development
level of the normative and legal field of trade in the derivatives market as
well as the quality of the formed system of main indicators for derivatives
trading in Ukraine. The paper identifies the problem, which could be
neutralized through the use of derivative financial instruments. The volume
and structure of the world and domestic derivatives markets have been
analyzed. Based on the analysis of the legal field of regulating the market of
derivative financial instruments as well as statistical analysis of its volume
and structure, the reasons for the low activity in the considered market
have been justified and recommendations to improve the current situation
proposed. |
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| ISSN: | 2222-0712 2311-1186 |