СУТНІСТЬ ТА ОСОБЛИВОСТІ ФУНКЦІОНУВАННЯ ОРГАНІЗОВАНИХ ТОВАРНИХ РИНКІВ

Abstract

The article highlights the organizational and economic principles of the functioning of organized commodity markets. The prerequisites for the emergence of organized trade in commodity assets in the world are considered. It was established that organized trade in commodity assets in conditions of new uncertainties and risks, especially related to the consequences of the war in Ukraine, provides the possibility of the effective price forecasting situation and stabilization of the main commodity markets. At the same time, russia's military aggression in Ukraine caused global instability in many commodity markets, in particular in the markets of energy and agricultural products. As a result, the negative consequences of price volatility on the main types of commodity assets are observed, which determines the urgency of researching the problems of the functioning of organized commodity markets in the new conditions of global instability. The identity between the concepts of "organized trade" and "exchange trade" in the markets of commodity assets was established, which characterizes trade according to established rules, guaranteed by trade organizers. The theoretical essence of the concept of "organized commodity markets" is highlighted in accordance with the domestic legislative and legal framework, and the types of organized commodity markets in Ukraine are also given. It was determined that the main characteristic features of organized commodity markets are: the important role of buyers, the formation of competitive principles of functioning and ensuring stabilization in the conditions of strengthening integration processes at the global level. The current state is characterized and perspective directions for the development of organized commodity markets in Ukraine are determined. It has been established that in the last two years the domestic organized commodity market is trading in spot contracts. It was determined that the development of domestic organized commodity markets in the post-war period should be based on the formation of trade in commodity derivative contracts.