Shevchenko O. Formation of securities market in transitional economy

Object of research: a securities market under the of a transforming economy. Purpose of research: theoretical substantiation of the economic essence of a securities market. its formation and development under the conditions of market oriented transformations; clearing up the state and prospects for the development of the securities market in Ukraine. Methods of research: systematically structurized analysis, dialectical unity of history and logic, cause and result, analysis and synthesis, scientific prediction.Theoretical and practical results: theoretical positions, methodical and practical recommendations. Novelty: the main trends of infrastructural provisions for the development of the securities market in Ukraine have been disclosed; the forms of how globalization processes affect the world’s securities market are determined; the economic functions of the securities market have been systematized; the peculiarities of socio-economic conditions of the securities market formation in transition economies have been ascertained; the ways of increasing its role under the conditions of market oriented transformations are substantiated; the expediency of raising an institutional role of the state at the securities market have been substantiated Sphere of usage: scientific and research work, improvement legislation, education.