Formation of common mechanism for regulating stock exchange activities needs
for closer interaction between self-regulatory organizations and the newly established
regulatory body. This is possible with division of powers between all bodies that are
related to the system of stock exchange activities.
The main goal of the self-regulatory bodies' activity is to increase the efficiency
of the commodity stock market through the economic, technical and organizational
measures, the implementation of which should take place with the participation of a
common supervisory body with self-regulatory organizations.
For the effective functioning of stock exchanges and stock exchange relations,
it is offered:
-
to create a department for the development of stock exchange activities, which
will be able to regulate issues that are involved with the state bodies;
-
to develop a structure, provisions, concept and a state program that will fully
outline the field of influence and activity of the department for the development of
stock exchange activities.
Today, conditions of stock exchange trading in Ukraine is definitely not at a high
level, it needs for restructuring, modernization, approximation to the legal norms of the
legislation as in the developed countries of the world, and introduction of innovations
in practice.
The global process of consolidation of stock exchanges has formed a positive
tendency towards the legalized development of wholesale markets. In Ukraine, the
commodity stock exchange market is not attractive to potential participants; the low
level of trust is primarily due to the lack of stability and the presence of increased risks.
The main purpose of the stock exchange trading program is the formation of a
national stock exchange system with the use of modern instruments of state regulation.
The development of stock trading in Ukraine can be carried out with:
-
A clear definition of the functions and powers of central and local bodies in
the field of stock exchange activities;
-
Development of new and improved existing regulatory legal acts for stock
exchange activities;
-
Ensuring the implementation of international standards and standards in the
field of stock exchange activities;
-
Definition of prospects for the development of the stock market for 2018-2022
years;
-
Improvement of the mechanism of providing state support to producers and
consumers of all fields of production;
-
Creation of organizational and legal conditions for the development of market
relations between producers and consumers;
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