Another issue of scientific journal Vol.28 No.1 2023 has been published

Ukrainian (UA)English (United Kingdom)

Other Categories

Вхід / реєстрація



We are in Facebook

Votes

How did you find on our site?
 

Exchange trade current state and development trends

Title: 


Exchange trade current state and development trends


Authors: 


Mashliy, Halina
Sorokivska, Olena
Ziailyk, Mariia


Affiliation:

 

Ternopil Ivan Puluj National Technical University 56 Ruska str., 46001, Ternopil, Ukraine


Bibliographic description (International):

 

Mashliy, H., Sorokivska, О. & Ziailyk, M. (2022) Exchange trade current state and development trends. Socio-Economic Problems and the State (electronic journal), Vol. 27, no. 2, pp. 72-84. URL: http://sepd.tntu.edu.ua/images/stories/pdf/2022/22mhbnse.pdf


Issue: 


2(27)


Issue Date: 


Dec-2022


Submitted date: 


Oct-2022


Date of entry: 


27-Dec-2022


Publisher: 


Ternopil Ivan Puluj National Technical University


Country (code): 


UA


Place of the edition/event:

 

Ternopil


ORCID Id: 


https://orcid.org/0000-0002-5989-5270
https://orcid.org/0000-0001-8549-2910
http:/orcid.org/0000-0002-8435-8565


DOI:


UDC: 


https://doi.org/10.33108/sepd2022.nom2.072

 

339.172


JEL: 


F19
G10


Keywords: 


commodity exchanges
stock exchanges
exchange trading
exchange contracts
exchange technologies
development of exchange trading


Number of pages: 


13


Page range: 


72-84


Start page: 


72


End page: 


84


Abstract: 


The article is devoted to the investigation of the state and development trends of exchange trading at the current stage. The main aspects characterizing the stock and commodity stock markets in our country and the world have been analyzed. The authors emphasized the concentration of exchange trading in Ukraine on several licensed exchanges, which resulted in a significant increase in the regulated market. The main groups of goods that prevail on the commodity and stock markets of Ukraine are singled out. It was established that the predominant share of trading volume of financial instruments, which was carried out by operators of organized capital markets in Ukraine in 2021, fell on debt securities, and the total trading volume of shares was insignificant. Emphasis is placed on the determining influence of globalization processes on the exchange market development. It is noted that the financial market occupies a dominant place with a share of about 80% of the total exchange turnover in the total world stock exchange trade. Significant revitalization and development of electronic stock trading and constant improvement of stock trading technologies on an innovative basis have been noted. The paper provides an assessment of the current state of development of international exchange trading. An increase in market capitalization, a trend toward growth in the number of concluded contracts in general and for certain types of exchange contracts on commodity and stock exchanges have been noted. The main factors affecting the current state of stock trading development in the world have been systematized. They include market globalization, the development of the latest information technologies, the strengthening of the influence of global financial market participants, the diversification of existing and the emergence of new financial instruments, the unification of regulations for the stock markets, regional structural changes in the activity of the world stock market with increased concentration of stock trading in the Asia-Pacific region.


Sponsorship: 


The authors received no direct funding for this research.


URI: 


http://elartu.tntu.edu.ua/handle/lib/39624


ISSN: 


2223-3822


Copyright owner: 


Socio-Economic Problems and the State


URL for reference material: 


http://sepd.tntu.edu.ua/images/stories/pdf/2022/22mhbnse.pdf
http://www.economy.nayka.com.ua/?op=1&z=9865
http://www.economy.nayka.com.ua/?op=1&z=8795
https://biz.censor.net/columns/3348033/rezultaty_reformuvannya_birjovogo_rynku_v_ukrayini
http://www.economy.nayka.com.ua/?op=1&z=5814
http://ukr.vipreshebnik.ru/birzhova-diyalnist/2613-sutnist-elektronnoji-birzhovoji-torgivli
http://www.investplan.com.ua/pdf/23_2021/9.pdf
http://www.economy.nayka.com.ua/pdf/5_2022/92.pdf
https://www.epravda.com.ua/columns/2022/07/29/689803/
https://www.nssmc.gov.ua/news/insights/
https://www.world-exchanges.org/storage/app/media/FY%202021%20Market%20Highlights%20v3.pdf
http://securities.usmdi.org/PDF/484.pdf
https://mind.ua/openmind/20228098-gra-trivae-yaki-novi-pravila-roboti-otrimali-tovarni-birzhi


References (International):

 

1. Kuzmynchuk, N., Kutsenko, T., Terovanesova, O. & Bondarenko, O. (2022) Tendentsiyi rozvytku birzhovoho rynku v Ukrayiny: etapy stanovlennya [Trends in the development of the stock market in Ukraine: stages of formation]. Efektyvna ekonomika. vol. 1. URL: http://www.economy.nayka.com.ua/?op=1&z=9865
2. Kukharets, V., Buluy, O. and Levkivska, L. (2021), Tendentsiyi rozvytku birzhovoho rynku v umovakh hlobalizatsiyi svitovoyi ekonomiky [Some tendencies in stock market development under world economy globalization]. Efektyvna ekonomika. vol. 4. URL: http://www.economy.nayka.com.ua/?op=1&z=8795
3. Solodkyy, M. Rezultaty reformuvannya birzhovoho rynku v Ukrayini [The results of reforming the stock market in Ukraine] Biznes tsenzor. URL: https://biz.censor.net/columns/3348033/rezultaty_reformuvannya_birjovogo_rynku_v_ukrayini
4. Solodkyy, M. O. (2017). Problemy ta napryamy rozvytku birzhovoho tovarnoho rynku v Ukrayini [Problems and directions of development of the exchange commodity market in Ukraine]. Efektyvna ekonomika. No. 10. URL: http://www.economy.nayka.com.ua/?op=1&z=5814
5. Solodkyy, M. O., Yavorsʹka, V. O. (2019). Birzhovyy rynok v umovakh hlobalizatsiyi: stan ta perspektyvy rozvytku [The stock market in the conditions of globalization: state and prospects for development]. Infrastruktura rynku. vol. 31. pp. 188-193.
6. Voyevodyna, T. Sutnist elektronnoyi birzhovoyi torhivli [The essence of electronic exchange trading]. URL: http://ukr.vipreshebnik.ru/birzhova-diyalnist/2613-sutnist-elektronnoji-birzhovoji-torgivli
7. Zgurska, О., Somkina, T. and Huzhavina, I. (2020) Fundamentalni trendy rozvytku svitovoyi birzhovoyi torhivli [Fundamental trends of world exchange trade development], Investytsiyi: praktyka ta dosvid, vol. 24, pp. 5–9. DOI: https://doi.org/10.32702/2306-6814.2020.24.5
8. Fertnikova, T. M. Perspektyvy rozvytku tovarnoyi birzhovoyi torhivli v Ukrayini [Prospects for the development of commodity exchange trade in Ukraine] Investytsiyi: praktyka ta dosvid. 2021. no. 23, pp. 46-52. URL: http://www.investplan.com.ua/pdf/23_2021/9.pdf
9. Prokopets, L. V., Kyfyak, V. I. Rozvytok elektronnoyi birzhovoyi torhivli v Ukrayini [Development of electronic exchange trading in Ukraine]. URL: http://www.economy.nayka.com.ua/pdf/5_2022/92.pdf
10. Naumenko, N. S., Khirova, V. YU. (2019). Suchasni trendy elektronnoyi birzhovoyi torhivli : perspektyvy ta vektory rozvytku avtomatyzatsiyi [Modern trends of electronic stock trading: prospects and vectors of automation development. Black Sea Economic Studies] Prychornomorsʹki ekonomichni studiyi. No 48. Vol. 1. Odessa: PU «Prychornomorsʹkyy naukovo-doslidnyy instytut ekonomiky ta innovatsiy», pp. 41-45.
11. Padalka, O. Pershyy rik litsenzovanoyi birzhovoyi torhivli. Yaki perevahy birzhovoyi torhivli staly ochevydni za rik ta na yaki rynky mozhna rozshyryty reformu? [The first year of licensed stock trading. What advantages of stock trading became evident during the year and to which markets can the reform be extended?] Ekonomichna pravda. URL: https://www.epravda.com.ua/columns/2022/07/29/689803
12. Informatsiyna dovidka shchodo rozvytku fondovoho rynku Ukrayiny protyahom sichnya-hrudnya 2021 roku. [Informational reference on the development of the stock market of Ukraine during January-December 2021]. Natsionalna komisiya z tsinnykh paperiv ta fondovoho rynku. URL: https://www.nssmc.gov.ua/news/insights/
13. World Federation of Exchanges. 2021 Market Highlights. URL: https://www.world-exchanges.org/storage/app/media/FY%202021%20Market%20 Highlights%20v3.pdf
14. Haponyuk, M., Shcherbyna, A. (2010). Faktory vplyvu na suchasnyy rozvytok tekhnolohiy torhivli tsinnymy paperamy [Factors influencing the modern development of securities trading technologies]. Rynok tsinnykh paperiv Ukrayiny. no 9-10. pp. 9-14. URL: http://securities.usmdi.org/PDF/484.pdf
15. Hritsyshyna, M. (2021) Hra tryvaye: yaki novi pravyla roboty otrymaly tovarni birzhi [The game goes on: new rules the commodity exchanges have received]. URL: https://mind.ua/openmind/20228098-gra-trivae-yaki-novi-pravila-roboti-otrimali-tovarni-birzhi


Content type: 


Article


Appears in Collections:


Scientific Journal "Socio-Economic Problems and the State", Vol.27, No.2

pdf


 

Journal is indexed by:

google_scholar
elartu_en
wiki_en

Other useful links:
pbn
Пошук у EBSCO
 

Google translate

Ukrainian English French German Polish Russian