DEVELOPMENT OF THE STOCK MARKET AS A FACTOR OF THE INVESTMENT ATTRACTIVENESS OF THE ECONOMY OF UKRAINE

This article identifies the role of the stock market as the basis of economic life of our country, because it is the stock market that allows you to redistribute money effectively between economic entities through financial instruments. It is noted that the stock market of Ukraine at the moment of development is at the stages of further formation, and therefore the analysis of conditions and problems of its functioning requires considerable attention. Changes in the regulatory framework, economic instability, distrust of economic entities are becoming manifestations of stock market imperfections. The article analyzes the current state of the stock market, features of the stock and extra-stock markets. Also the features and problems of the stock market, are highlighted prospects for the stock market of Ukraine, are identified and the factors that inhibit the development of the stock market of Ukraine are considered in this article. Since the instruments for ensuring the turnover of financial resources in the stock market are securities, the article states that stock instruments exist in the first and second order and highlights the share of each in the stock market of Ukraine. The real state of the stock market can be determined by the set of participants that operate there, so it is determined that the main role of major consumers and suppliers in the stock market is played by issuers and investors. The role of financial corporations, which are more likely to act as an intermediary in the extra stock market, is defined but to expand their financial portfolio, very often they issue securities on their own behalf or invest in securities of the real and public sectors of the economy. As the development of the stock market contributes to the development of the real sector of the economy, which in turn should significantly strengthen Ukraine’s economic position in the world market, a number of proposals have been identified to ensure the effective development of the stock market in Ukraine.