АНАЛІЗ БІРЖОВОЇ ТОРГІВЛІ ДЕРИВАТИВАМИ НА МІЖНАРОДНИХ ТОВАРНИХ І ФОНДОВИХ БІРЖАХ

Abstract

The article highlights the organizational aspects of the functioning of international commodity and stock exchanges in the conditions of globalization and instability. It was noted that international exchange trading is an organized form of wholesale trade in commodity and financial base assets. International exchange trade currently performs important functions for the formation of global economic stability. International exchange trading on commodity and stock exchanges is an important place for the accumulation and redistribution of investment resources at the global level. Features of international exchange trading in derivative contracts are highlighted. The current state of international exchange trading on commodity exchanges and stock exchanges by geographic regions is analyzed. Growth rates in recent years on the international stock market have been noted. An assessment of international exchange trade in various types of commodity and financial assets is presented. The main modern trends of international exchange trade in derivative contracts on commodity and stock exchanges are established. In 2022, the continuation of the following trends is observed: continuation of the annual growth of indicators of international stock trade; resumption of activity of financial institutions after the pandemic and in the conditions of war in Ukraine; providing entrepreneurs with favorable terms of lending and financial support; satisfaction of customers' needs in goods and services; increasing the pace of international exchange trading in financial derivative contracts; recording new record indicators of trade volumes and the number of open positions on international stock exchanges. The main problems facing global stock markets today are: wars and military conflicts that continue and escalate in various parts of the world, primarily in Ukraine and Israel; establishment of new logistic ways of delivery of commodity assets, which are disrupted due to the war in Ukraine; struggle with the consequences of price fluctuations on international exchange platforms due to uncertainty and new geopolitical risks; reduction of inflationary pressure due to the liberal policy of central banks.