Фінансово-кредитна діяльність: проблеми теорії та практики (Jun 2019)
ANALYSIS OF THE CURRENT STATE OF THE CORPORATE SECURITIES MARKET OF UKRAINE
Abstract
The article indicates the importance of special attention that is required to study the development of a segment of the financial market as the corporate securities market. Obviously, one of the key problems of the national securities market is "deficit" of financing instruments for investment measures. The analysis of the main tendencies and regularities of the stock market development, as well as the dynamics of the volume of movement of the main instruments on it show that the largest volumes of trades on the stock market were in the month of the greatest political instability in the country. Particular attention is paid to the current state of the corporate securities market in Ukraine, in particular, the assessment of domestic market indices in the period from 2004-2016 is carried out in detail. Issue shares, which significantly influenced the overall structure of registered shares and their share in Ukraine’s GDP, are shown. The dynamics of volume and number of issues of corporate bonds issue are analyzed. It is revealed that the domestic stock market today is significantly lagging behind in the development of the stock markets of industrialized countries. Creating favourable conditions for the functioning of securities is an integral part of the economic policy of most countries of the world. The securities market of Ukraine needs a clear system of investor protection, support for the stability of the market infrastructure development in all areas and effective regulation. The conducted market analysis allows to predict its further development and helps to highlight the main aspects of determining the features of construction of other components of the financial market.
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