THE EXCHANGE MARKET OF UKRAINIAN AND CURRENT STATE


  • N. Kubrak Lviv National University of Veterinary Medicine and Biotechnologies
  • S. Tkach Lviv National University of Veterinary Medicine and Biotechnologies
  • I. Urban Lviv National University of Veterinary Medicine and Biotechnologies
Keywords: agricultural market, stock exchange, stock trading, exchange agreements, regulatory support, the stock market, commodity exchange

Abstract

Exchange operations in Ukraine are still in its infancy, despite the positive trend of many indicators that characterize it. Today in Ukraine registered 584 universal, stock, commodity and agricultural exchanges, significantly more than in the USA and other countries with developed economies. Further development of exchange and OTC activity prevents a number of problems, ranging from low liquidity and low stock culture in the country and ending opacity exchange markets and imperfect regulation. Given the important role of exchange activities in the modern financial and economic system, because of solving existing problems in this area is important. Ukrainian stock market received the proper economic environment started to solve the problem of market prices based on supply and demand. Gradually, the process of self–destruction shadow market of agricultural, industrial, mining products through transparency of trade flows. This can increase government revenue through tax money exchange activity. The data and mapped them with micro– and macroeconomic indicators of the country that proves the lack of Ukraine exchange market segment, despite a record number of business organizations called "exchange" that would carry inherent important market function. The list of problems of exchange activities in Ukraine and the need for a clear mechanism of state regulation of exchange activity. Attention is paid to the need for a unified exchange system in Ukraine by international experience.

References

Bondarchuk, Ju.P. (2009). Vynyknennja instytutiv birzhovoi' torgivli v Ukrai'ni. Visnyk Kirovograds'kogo nacional'nogo tehnichnogo universytetu. 9. 122–126 (in Ukrainian).

Kulyk, A. (2008). Rol' birzhi v realizacii' sil's'kogospodars'koi' produkcii'. Agrarna ekonomika. 12(1), 117–121 (in Ukrainian).

Naumenkova, S.V. (2009). Zarubizhnyj dosvid organizacii' system reguljuvannja j nagljadu za dijal'nistju finansovyh ustanov. Finansy Ukrai'ny. 12. 20–27 (in Ukrainian).

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Published
2016-09-06
How to Cite
Kubrak, N., Tkach, S., & Urban, I. (2016). THE EXCHANGE MARKET OF UKRAINIAN AND CURRENT STATE. Scientific Messenger of LNU of Veterinary Medicine and Biotechnologies. Series Economical Sciences, 18(2), 84-86. https://doi.org/10.15421/nvlvet6916
Section
Economic efficiency of production and agricultural products alteration