Following the entry into force of the new edition of the Rules of the Ukrainian trade exchanges approved SCSSM, bidders were able to conduct repo and work at the market quotations
As reported at the exchange, the first repo transaction will be concluded by the end of the week.
term repo (from the English term repurchase agreement) means the sale of securities with the obligation to repurchase, or repo essentially consists of two sales transactions.
According to market participants, today repo is the easiest opportunity for lending money on mortgage securities, as well as for lending securities under a pledge of money. Strictly speaking, the repo is not an instrument of credit, but in practice the economic meaning serves as the borrowing of money or securities, - explains it. But the development of this market is hindered by the lack full-stock platform with well-established interaction with the settlement and clearing system, which allows you to enter into and perform transactions in real time.
In May, the Ukrainian Stock Exchange gave traders an opportunity to be placed indicative quotes repo. Tools of funding is very important for the development of a market that requires a 100% deposit of securities and money - explained the first Deputy Chairman of the Board of Ukrainian Exchange Alexey Sukhorukov .- There are several situations in which investors need to bring paper or money for some time to trade or payments. Mechanism Repo allows with minimal risk to place or take a CB or money. This exchange ensures compliance with the principle of delivery versus payment - as in the first part, and on the second part of the repo.
Introduction
repo operations will significantly enhance the ability of traders to more effectively manage their own funds, said Head of the trading in securities IC Troika Dialog Ukraine Vladimir Grishchenko. In particular, it will be possible to locate, attract money and securities for a fixed period of several days to several weeks. In addition, the limited liquidity of repo transactions will enable a significant increase in stock market turnover, as the transaction will be stock, and control over the execution of transactions from the exchange will reduce risks and increase the trust between the parties.
repo market in almost all countries is not an exchange - Terms and conditions most commonly discussed and recorded on the phone. Enforcement of obligations may occur with the use of over-calculation of transactions, and the market using the technology of delivery against payment with a preliminary deposit of assets. The latter method is particularly useful if attracted money or securities are required to participate in exchange trading.
second change in the rules - the launch of market quotations. Experience has shown that only 30-40 shares can be effectively treated with market applications, - explained Mr. Sukhorukov .- In the anonymous market nizkolikvidnye securities traded worse because it often spreads to such an extent that to make a deal without further negotiations, it is not always possible . Now, he said, the list of Ukrainian securities market includes more than 70 shares, but are actively traded, only about half. Market interest in expanding the range of securities, for which she is the pricing area, and market quotation let's do it.
The third addition to the trading rules allow the Ukrainian market to interact with the central counterparty. Central counterparty decides three very important objectives: ensure the anonymity of payment transactions, provides an opportunity in the Civil Code, enter into transactions on the two applications filed by one trader on the basis of the treaty commission, and also allows to optimize the costs of participants for the exchange trading requirements for Financial Monitoring - said Alexey Sukhorukov.
Recommendations on shares of Gazprom, Lukoil, Rosneft, MMC Norilsk Nickel and Sberbank
In November 2009, the Ministry will make the government a draft state program for energy conservation
U.S. stock market rose Tuesday, led by financial sector
Better to wait
The course has increased the dollar - a daily review of the cash markets
Economic growth in the BRIC countries would support the rally in equity markets emerging markets
Analysis - Results of the day
Review: The prices of elite accommodation in Kiev in the secondary market for the I half of 2009 decreased by 21%
Correction invented speculators
Ukrainian Stock Exchange has launched a market quotations, and Repo
Following the entry into force of the new edition of the Rules of the Ukrainian trade exchanges approved SCSSM, bidders were able to conduct repo and work at the market quotations
As reported at the exchange, the first repo transaction will be concluded by the end of the week.
term repo (from the English term repurchase agreement) means the sale of securities with the obligation to repurchase, or repo essentially consists of two sales transactions.
According to market participants, today repo is the easiest opportunity for lending money on mortgage securities, as well as for lending securities under a pledge of money. Strictly speaking, the repo is not an instrument of credit, but in practice the economic meaning serves as the borrowing of money or securities, - explains it. But the development of this market is hindered by the lack full-stock platform with well-established interaction with the settlement and clearing system, which allows you to enter into and perform transactions in real time.
In May, the Ukrainian Stock Exchange gave traders an opportunity to be placed indicative quotes repo. Tools of funding is very important for the development of a market that requires a 100% deposit of securities and money - explained the first Deputy Chairman of the Board of Ukrainian Exchange Alexey Sukhorukov .- There are several situations in which investors need to bring paper or money for some time to trade or payments. Mechanism Repo allows with minimal risk to place or take a CB or money. This exchange ensures compliance with the principle of delivery versus payment - as in the first part, and on the second part of the repo.
Introduction
repo operations will significantly enhance the ability of traders to more effectively manage their own funds, said Head of the trading in securities IC Troika Dialog Ukraine Vladimir Grishchenko. In particular, it will be possible to locate, attract money and securities for a fixed period of several days to several weeks. In addition, the limited liquidity of repo transactions will enable a significant increase in stock market turnover, as the transaction will be stock, and control over the execution of transactions from the exchange will reduce risks and increase the trust between the parties.
repo market in almost all countries is not an exchange - Terms and conditions most commonly discussed and recorded on the phone. Enforcement of obligations may occur with the use of over-calculation of transactions, and the market using the technology of delivery against payment with a preliminary deposit of assets. The latter method is particularly useful if attracted money or securities are required to participate in exchange trading.
second change in the rules - the launch of market quotations. Experience has shown that only 30-40 shares can be effectively treated with market applications, - explained Mr. Sukhorukov .- In the anonymous market nizkolikvidnye securities traded worse because it often spreads to such an extent that to make a deal without further negotiations, it is not always possible . Now, he said, the list of Ukrainian securities market includes more than 70 shares, but are actively traded, only about half. Market interest in expanding the range of securities, for which she is the pricing area, and market quotation let's do it.
The third addition to the trading rules allow the Ukrainian market to interact with the central counterparty. Central counterparty decides three very important objectives: ensure the anonymity of payment transactions, provides an opportunity in the Civil Code, enter into transactions on the two applications filed by one trader on the basis of the treaty commission, and also allows to optimize the costs of participants for the exchange trading requirements for Financial Monitoring - said Alexey Sukhorukov.
Recommendations on shares of Gazprom, Lukoil, Rosneft, MMC Norilsk Nickel and Sberbank
In November 2009, the Ministry will make the government a draft state program for energy conservation
U.S. stock market rose Tuesday, led by financial sector
Better to wait
The course has increased the dollar - a daily review of the cash markets
Economic growth in the BRIC countries would support the rally in equity markets emerging markets
Analysis - Results of the day
Review: The prices of elite accommodation in Kiev in the secondary market for the I half of 2009 decreased by 21%
Correction invented speculators