FEDERATION OF EURO-ASIAN STOCK EXCHANGES
SEMI ANNUAL REPORT OCTOBER 2008
UKRAINIAN STOCK EXCHANGE
Valentin Oskolsky
Chairman of the Board
The USE activity throughout the year was
focused on improvement of trading
technology, widening the number of market
instruments and supplementing the market
information.
Trading value of the Ukrainian Stock Exchange
(USE) in 2007 amounted to US$ 16.8 million. If
we analyze trading structure by market
instrument, we can see that trading value for
derivatives increased to 15.5% from 0.05% in
2006, but trading value for corporate bonds
decreased to 17.3% in 2007 from 53% in 2006.
The most traded instrument was state-owned
shares. through the Securities Chair. Starting from
2002 there has been a Student Stock
Exchange at the USE. Every student has an
opportunity to become an exchange specialist
and then a broker. Through gaining theoretical
and practical knowledge and accumulating
experience, students realize the importance of
capital markets and can better make their
choice of future professions.
The USE activity throughout the year was
focused on improvement of trading
technology, widening the number of market
instruments and supplementing the market
information. It is our belief that the USE has chosen a
strategy that will gradually result in
transparent, liquid, investment and an
attractive capital market.
The USE also provides educational activity.
The USE is a co-founder of the Kiev Slavonic
University continued its work with students,
FUTURE OUTLOOK
Plans for the USE in 2008 include:
• expansion through the System of Electronic
Trading (SELT USE) secondary securities
turnover and trading the internal state loan
bonds;
• creation of the conditions and basis for
formation and development of a derivatives
market;
• taking actions to attract new members to
operate in SELT USE;
• participation in the privatization processes
planned to be implemented by the State
Privatization Program and the Law of Ukraine
“On State Budget of Ukraine for 2008”;
• improvement of technologies for trading State-
owned shares of privatized companies;
• promotion for the attraction of direct national
and foreign investments to develop strategically
important industry companies during the process
of its privatization;
• development of the electronic documentation
turnover and electronic digital signature
according to new Ukrainian legislation;
• development of Exchange information areas,
expansion of publishing, scientific, methodical
and educational activities in order to prepare
specialists for national capital market; and
• strengthening the international cooperation
with foreign stock exchanges and international
financial organizations.
CONTACT INFORMATION
Contact Name Mrs. Hanna Yatsyuk
E-mail [email protected]
Website www.ukrse.kiev.ua
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