THE ACTIVITY OF THE ELECTRONICSTOCK EXCHANGE SYSTEMS IN THE DOMESTIC MARKET OF FINANCIAL INVESTMENTS

Journal Title: Сталий розвиток економіки - Year 2016, Vol 31, Issue 2

Abstract

Purpose – the research and the analysis of the activity of the electronic stock exchange systems in the domestic market of financial investments. Methodology of research. The methods which were used during while working on the article: the analysis – for research the activity of the electronic stock exchange systems in the domestic market of financial investments; specifications – for research of the development phases of the online brokerage in Ukraine by criterion of tariffing and the order of the opening of accounts before beginning of the auction; the graphic and statistical methods – for the representation of the structure of the Ukrainian exchange auction, branch structure of an index basket, dynamics of the electronic auction on the Public Joint Stock Company "PFTS stock exchange", the dynamics of the results of the auction on the PFTS. Findings. The activity of electronic stock exchange systems in the domestic market of financial investments is examined. In the context of the studied problem the order of the development phases of the online brokerage in Ukraine by criterion of tariffing is given; the comparative characteristic of online trade on domestic and the international markets of financial investments is provided. The detailed analysis of the electronic auction in two domestic exchanges is carried out, namely for the Ukrainian Public Joint Stock Company" PFTS stock exchange". The model of an entering to Internet trading was constructed by the results of the research. It was noted that the process wasn’t difficult though the important necessary condition was the existence of the defined starting capital for implementation of the electronic auction. On the basis of the statistical data the structure of the auction in the Ukrainian exchange and the branch structure of the index basket are shown. Originality. The complex assessment and the analysis of the activity of electronic stock exchange systems in the domestic market of financial investments has received its further development. Practical value. The analytical assessment of the activity of electronic stock exchange systems in the domestic market of financial investments which is carried out in the article, can be used by the National commission on securities and stock market and also by territorial authorities of the National commission on securities and stock market. It will provide information transparency of the domestic market and government agency control of online trade. Besides, the order of the account opening till a beginning of a trade and the model of Internet trading can be used by initial online dealers.

Authors and Affiliations

Andriy Zhmurkevych, Yaryna Tanchak, Anna Orlovska

Keywords

Related Articles

INTERNATIONAL EXPERIENCE OF REGULATION OF EMPLOYMENT AND POSSIBILITY OF ITS USE IN UKRAINE

Purpose. The aim of the article is to analyze the employment policy in Ukraine and study foreign experience in this area, as well as, on the basis of research, give recommendations on improving the employment policy in U...

PROCESSES OF ECONOMIC INTEGRATION IN THE BALANCING OF THE GLOBAL CUSTOMS SPACE

Purpose. The aim of the article is to assess the current trends of economic integration in the process of liberalization of international trade and to substantiate their role in balancing the global customs space. Resea...

THEORETICAL AND METHODOLOGICAL PRINCIPLES OF START-UP MANAGEMENT

Purpose is to systematization of the existing developments and on this basis formation of theoretical and methodological foundations of a new direction in the theory and practice of management, which is start-up manageme...

DEVELOPMENT OF INFRASTRUCTURE OF THE MARKET OF EDUCATIONAL SERVICES OF HIGH SCHOOL IN UKRAINE

Purpose is studying the state of functioning of the infrastructure of the educational services market; solving of problems of modern development of the infrastructure of the educational services market, determination of...

THE PRINCIPLES OF BALANCED USE OF LAND RESOURCES POTENTIAL IN THE AGRICULTURAL SECTOR

Purpose. It is scientifically ground the basic principles of balanced use of land resources potential in agricultural production. Methodology of research. In the study used the methods of scientific inquiry: monographic,...

Download PDF file
  • EP ID EP202119
  • DOI -
  • Views 59
  • Downloads 0

How To Cite

Andriy Zhmurkevych, Yaryna Tanchak, Anna Orlovska (2016). THE ACTIVITY OF THE ELECTRONICSTOCK EXCHANGE SYSTEMS IN THE DOMESTIC MARKET OF FINANCIAL INVESTMENTS. Сталий розвиток економіки, 31(2), 226-233. https://europub.co.uk/articles/-A-202119