МОСКОВСКАЯ БИРЖА И ЕЕ ПОЗИЦИЯ СРЕДИ ВЕДУЩИХ МИРОВЫХ БИРЖ

Abstract

The development of the financial market is inextricably linked to the functioning of its individual elements, including infrastructure organizations. One of the key infrastructure elements of the stock market, as part of the financial market, is the stock exchange. An exchange is a necessary component of any successful economy in the modern world that organizes trading in stock and money market instruments, precious metals, or commodities. By creating and providing conditions for the interaction of many economic entities, the exchange facilitates the transfer of capital between financial market participants, providing a huge range of related services. It is through the exchange's interaction with participants in the investment process that investment resources are concentrated in the economy of a particular state, primarily in the form of debt and equity capital of both residents and foreign investors. In countries with developed market economies, the exchange sector is the central element of the entire financial system of the state. Rapid exchange processes can have the most effective impact on the overall economic development of the country, making the exchange the main financial center. The main exchange platform of the Russian Federation is the Moscow exchange. The article analyzes the activities of the Moscow exchange, provides various indicators of its work in comparison with the largest exchanges in the world, which allows us to determine its significance for the Russian economy and the stock market of the country, and to identify its position among the world's leading exchanges.