Global Financial Derivatives Market Development and Trading on the Example of Ukraine

Abstract

Stock market of financial derivatives in Ukraine still develops. There is important to find the way how to use world experience for the domestic implementation. First of all there is a need to improve of legislative base to ensure economic and financial stability. The next way of integration process for domestic stock market of financial derivatives is stock consolidation. Before implementation of foreign experience on the stock market of Ukraine it is important to take into account of all risks which are connected with this process. This research shows appropriate steps for integration of Ukrainian stock market of financial derivatives into global scale. The article identifies the economic essence of derivatives and their types within market economy. Key trends in global derivatives trading are highlighted. Current state and organizational measures of derivatives market development in Ukraine are discussed. Price risk has become the main feature of contemporary commodity and financial markets. Globalization of world commodity and financial markets leads to rapid changes and uncertain business conditions. Under current circumstances, derivatives market provides efficient ways for price risk hedging within market economy. That is why it is important to take into consideration the contemporary state and perspectives of derivatives market in Ukraine.

Globalization Effects on Contagion Risks in Financial Markets

“…A dynamic conditional correlation GARCH analysis is applied to returns series of representative national stock indices for the period from April 1997 to May 2010. Paper [8] claims that the global financial crisis has clearly identified and reinforced the role of financial risks. Paper [9] states that in the financial market, risk management is associated with the process of identifying individual risks, their analyzes and making investment decisions by reducing the degree of uncertainty.…”

The Gravity of Cryptocurrency and Prospects in a Post-Pandemic Economy

“…cost explosivity) within the cryptocurrency showcase considers the case of Bitcoin, even though other cryptocurrencies have slowly dissolved Bitcoin's dominance [3]. Against the background of global processes, authors determine the mechanism of functioning of the international currency market in the wake of its historical development [6,[14][15][16][17]. The authors discuss the essence and features of cryptocurrency, modern types of electronic money and blockchain technology, central bank regulation mechanisms, and the e-wallet and its characteristics, dynamics of cryptocurrency types (especially bitcoin regulation) and cryptocurrencies [8,18].…”

Валютний Ринок Forex Як Важливий Компонент Глобалізованих Фінансових Ринків

“…Обмінні курси, які визначаються на ринку Forex, відображають відносну силу або слабкість різних економік. Зміни валютних курсів можуть обумовлювати значні наслідки для міжнародної торгівлі, інвестиційних потоків та фінансової стабільності, тому моніторинг та аналіз валютних ринків є важливим у процесі прийняття обґрунтованих економічних рішень та управлінні ризиками в глобалізованій фінансовій системі [3]. Крім того, ринок Forex відіграє важливу роль в інтеграції фінансових ринків, створюючи для учасників з різних країн умови для торгівлі валютами та арбітражних операцій, що, у свою чергу, сприяє вирівнюванню цін та процентних ставок в різних фінансових секторах [3].…”