Lytovchenko M. Transformation of world market of securities is in the conditions of recurrence of economic development

The object of study is the transformation of the global securities market in a cyclical economic development. The aim is to develop the theoretical and methodological bases of research transform the global securities market and develop scientific recommendations for the integration of national stock market to the world market securities including cyclical manifestations of international economic development. Methods: method of theoretical generalization, clustering and classification methods, the method of statistical analysis, the index method and comparison method, methods of structural and functional analysis and others. Theoretical results are to deepen the theoretical and methodological bases of research dolohichnyh transformation of world equity market and develop scientific recommendations for the development of international and domestic capital markets considering the cyclical nature of the economy. Bottom line: lie in the development of scientific advice and steps for the integration of national stock market to the world market securities with current transformation characteristics latter influenced by cyclical economic development. Scientific novelty: the first defines the conceptual directions of modernization of infrastructure of the securities market in Ukraine during the economic cycle; improved: trends transforming the global securities market conditions in of economic cycle, the mechanism of structural changes on a SRI tural securities market targets development of Ukraine's stock market, the mechanism of integration of national stock market to the global securities market received; further development: the definitions of "cycling", "stock market"; etapizatsiyu of the global securities market. Degree of implementation: findings put into practice the Ministry of Finance of Ukraine, the National Commission on Securities and Stock Market, Donetsk Regional Council, Donetsk Chamber of Commerce, the Association of "Eastern Alliance", LLC "Asset Management Company "Outpost ", JSC "Stirolbiofarm" (Gorlivka) as well as in the educational process, Donetsk National University. Scope: interdisciplinary.